Further Contract Period Extension. (a) In the event that the Authority exercises the option to extend the Contract Period in accordance with clause 4.2 (Contract Period Extension), the Authority shall, on or before the date falling three (3) months prior to the occurrence of the then Expiry Date (as to be construed in accordance with clause 4.2 (Contract Period Extension)) or such later date as the Parties may agree, have the option, on giving written notice to the Operator, to further extend such Expiry Date by a period of twelve (12) months. (b) Upon the Authority exercising its rights under clause 4.3(a), all references in this Agreement to “Expiry Date” shall be construed as referring to the date contemplated by paragraph (c) of its definition.
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