MUTUAL EXTENSION OF TIME PERIOD Sample Clauses

MUTUAL EXTENSION OF TIME PERIOD. If mutually agreed between NYSPro and the resulting Contractor, the next Model Year vehicle may be supplied if Model Year Build-Out Date has occurred for the Item awarded and the next Model Year has not been awarded under a new solicitation. For each next Model Year after Contract Award, Contractor shall supply NYSPro with documentation that the next Model Year vehicle meets or exceeds the specifications for the vehicle as set forth in the Contract. Prices shall be calculated in accordance with Section III.7.4 Next Model Year and Replacement Vehicle Pricing, and all terms and conditions remain in effect. Once the next Model Year has been awarded under a new solicitation, Contractor shall not accept Purchase Orders for the Contract. If the next Model Year has not been awarded, Contractor may continue to supply current and next Model Year vehicles until depletion of stock or manufacturer’s production build-out. The State reserves the right to terminate the Contract with cancellation terms of this Contract. If mutually agreed between NYSPro and the Contractor, the Contract may be extended under the same terms and conditions for an additional period(s) of up to five years; extensions may be exercised on a continuing basis such as an additional three month, six month, twelve month or 24 month periods.
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MUTUAL EXTENSION OF TIME PERIOD. If mutually agreed between PSG and the Contractor, the Contract may be extended under the same terms and conditions for an additional period(s) of up to five years; extensions may be exercised on a continuing basis such as an additional three month, six month, twelve month or 24 month periods.
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Related to MUTUAL EXTENSION OF TIME PERIOD

  • Extension of Time Periods The parties may extend any period of time provided in this Article 7 by mutual agreement.

  • Extension of Time Limits The time limits referred to in this Article may be extended by mutual agreement of the parties in writing.

  • Calculation of Time Period When calculating the period of time before which, within which or following which any act is to be done or step taken pursuant to this Agreement, the date that is the reference date in calculating such period shall be excluded. If the last day of such period is a non-Business Day, the period in question shall end on the next succeeding Business Day.

  • Extension of Time If the Executive shall be in violation of any provision of this Article 6, then each time limitation set forth in this Article 6 shall be extended for a period of time equal to the period of time during which such violation or violations occur. If the Company seeks injunctive relief from such violation in any court, then the covenants set forth in this Article 6 shall be extended for a period of time equal to the pendency of such proceeding including all appeals by the Executive.

  • Calculation of Time Periods Except as otherwise indicated, all periods of time referred to herein shall include all Saturdays, Sundays and holidays; provided, however, that if the date to perform the act or give any notice with respect to this Agreement shall fall on a day other than a Business Day, such act or notice may be timely performed or given if performed or given on the next succeeding Business Day.