Extension of Validity Period Sample Clauses

The Extension of Validity Period clause allows for the extension of a specified time frame during which an offer, contract, or agreement remains effective and enforceable. In practice, this clause is often invoked when parties require additional time to finalize negotiations, secure approvals, or fulfill certain conditions before the agreement expires. By providing a formal mechanism to prolong the validity period, this clause helps prevent the lapse of important agreements due to unforeseen delays, ensuring continuity and reducing the risk of having to renegotiate terms from the beginning.
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Extension of Validity Period. 1. If the Passenger is prevented from using the ticket, or a portion thereof during the period of validity specified in this Rule due to a Carrier flight cancellation or because Carrier is unable to provide space on the flight, Carrier will, without additional collection of fare, extend the ticket validity period of such passenger’s ticket to the first flight of Carrier on which space is available in the class of service for which the fare has been paid. 2. If the Passenger is unable to commence or continue his/her travel due to his/her personal illness or physical incapacity, or the illness, death, or physical incapacity of a member of his/her immediate family, or of an associate with whom he/she is traveling, ▇▇▇▇▇▇▇ will extend the period of validity beyond the original limit but not to exceed thirty (30) days.
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Extension of Validity Period. 1. The Client will make its best effort to complete the negotiations within the validity period. However, should the need arise, the Client may request, in writing, all Bidders who submitted proposals prior to the submission deadline to extend their validity.
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Extension of Validity Period. The Procuring Entity will make its best effort to complete the negotiations within the proposal's validity period. However, should the need arise, the Procuring Entity may request, in writing, all Consultants who submitted Proposals prior to the submission deadline to extend the Proposals' validity.
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Extension of Validity Period. 12.4 The Procuring Entity will make its best effort to complete the negotiations within the proposal's validity period. However, should the need arise, the Procuring Entity may request, in writing, all Consultants who submitted Proposals prior to the submission deadline to extend the Proposals' validity. 12.5 If the Consultant agrees to extend the validity of its Proposal, it shall be done without any change in the original proposal and with the confirmation of the availability of the Key Experts, except as provided in ITC12.7. 12.6 The Consultant has the right to refuse to extend the validity of its Proposal in which case such Proposal will not be further evaluated.
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Extension of Validity Period. 1) If the Passenger is prevented from using the Ticket, or a portion thereof during the period of validity specified in this Rule due to a CO flight cancellation or because CO is unable to provide space on the flight, CO will, without additional collection of fare, extend the ticket validity period of such Passenger’s Ticket until the first flight of CO on which space is available in the class of service for which the fare has been paid. 2) If a Passenger is unable to commence or continue travel because of the death or serious illness of the Passenger, the Passenger’s immediate family member(s), or the Passenger’s traveling companion(s), CO may waive or refund any applicable change fees (less a processing fee) associated with changing the ticket(s). See Rule 27 on visit CO’s website, ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, for details regarding CO’s Refund Policy.
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Extension of Validity Period. KoTDA will make its best effort to complete the negotiations within the proposal's validityperiod. However, should the need arise, KoTDA may request, in writing, all Tenderers who submitted Proposals prior to the submission deadline to extend the Proposals' validity.
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Extension of Validity Period. 1) If the Passenger is prevented from using the Ticket, or a portion thereof during the period of validity specified in this Rule due to a UA flight cancellation or because UA is unable to provide space on the flight, UA will, without additional collection of fare, extend the ticket validity period of such Passenger’s Ticket until the first flight of UA on which space is available in the class of service for which the fare has been paid. 2) If a Passenger is unable to commence or continue travel because of the death or serious illness of the Passenger, the Passenger’s immediate family member(s), or the Passenger’s traveling companion(s), UA may waive or refund any applicable change fees (less a processing fee) associated with changing the ticket(s). See Rule 27 or visit UA’s website, ▇▇▇.▇▇▇▇▇▇.▇▇▇, for details regarding UA’s Refund Policy.
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Extension of Validity Period. 1) If the Passenger is prevented from using the Ticket, or a portion thereof during the period of validity specified in this Rule due to a CO flight cancellation or because CO is unable to provide space on the flight, CO will, without additional collection of fare, extend the ticket validity period of such Passenger’s Ticket until the first flight of CO, on which space is available in the class of service for which the fare has been paid. 2) If the Passenger is unable to commence or continue his/her travel due to his/her personal illness or physical incapacity, or the illness, death, or physical incapacity of a member of his/her immediate family, or of an associate with whom he/she is traveling, CO will extend the period of validity beyond the original limit but not to exceed thirty (30) days.
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Related to Extension of Validity Period

  • Tender Validity Period Our Tender shall be valid for the period specified in TDS 17.1 (as amended, if applicable) from the date fixed for the Tender submission deadline specified in TDS 21.1 (as amended, if applicable), and it shall remain binding upon us and may be accepted at any time before the expiration of that period;

  • Validity Period This FSA is valid for a time-defined period. Should the Service Operator be in breach of any terms of condition of the Agreement and fail to remedy the same in such manner and within such time as shall be specified in a written notice from SWD that the same be remedied, SWD may after expiry of such notice, terminate this Agreement by giving 30 days’ notice in writing to the Service Operator.

  • Period of Validity of Tenders 17.1 Tenders shall remain valid for the Tender Validity period specified in the TDS. The Tender Validity period starts from the date fixed for the Tender submission deadline (as prescribed by the Procuring Entity in accordance with ITT 21.1). A Tender valid for a shorter period shall be rejected by the Procuring Entity as non-responsive. 17.2 In exceptional circumstances, prior to the expiration of the Tender validity period, the Procuring Entity may request Tenderers to extend the period of validity of their Tenders. The request and the responses shall be made in writing. If a Tender Security is requested in accordance with ITT 18, it shall also be extended for a corresponding period. A Tenderer may refuse the request without forfeiting its Tender Security. A Tenderer granting the request shall not be required or permitted to modify its Tender, except as provided in ITT 17.3. 17.3 If the award is delayed by a period exceeding the number of days to be specified in the TDS days beyond the expiry of the initial tender validity period, the Contract price shall be determined as follows: a) in the case of fixed price contracts, the Contract price shall be the tender price adjusted by the factor specified in the TDS; b) in the case of adjustable price contracts, no adjustment shall be made; or in any case, tender evaluation shall be based on the tender price without taking into consideration the applicable correction from those indicated above.

  • Extension of Agreement Prior to the original expiration date of this Agreement, the Parties mutually agree to extend this Agreement to the February 15 extension date identified in Paragraph VIII(A). The Parties acknowledge that no further extensions of this Agreement are authorized.