No Right of Reinstatement or Further Extension Sample Clauses

The "No Right of Reinstatement or Further Extension" clause establishes that once a contract or agreement has expired or been terminated, the parties do not have the automatic right to reinstate the agreement or extend its term. In practice, this means that if the contract ends, neither party can demand to continue or renew it unless both sides explicitly agree to do so through a new negotiation or written agreement. This clause serves to provide certainty and finality to the contractual relationship, preventing indefinite extensions and ensuring that both parties are clear about the end date and their obligations thereafter.
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No Right of Reinstatement or Further Extension. Once Tenant has failed to exercise its rights to extend the term pursuant to this Article 23, it shall have no right of reinstatement of its Option to Extend the Term, nor shall Tenant have any right to a further or second extension of the Term beyond the period stated in Section 23.1 hereinabove.
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No Right of Reinstatement or Further Extension. Once Tenant has either failed to exercise its rights to extend the extended term pursuant to this Section 11, or failed to execute the amendment called for hereunder, it shall have no right of reinstatement of its Second Option to Extend the Third Extended Term, nor shall Tenant have any right to a further or second extension of the Third Extended Term beyond the period stated in Section 11.1 hereinabove.
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No Right of Reinstatement or Further Extension. Once Tenant has either failed to exercise its rights to extend the term pursuant to this Paragraph 12 or failed to execute the amendment called for hereunder, it shall have no right of reinstatement of its Option to Extend the Suite 220 Term, nor shall Tenant have any right to a further extension of the Suite 220 Term beyond the period stated in Paragraph 12.1
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No Right of Reinstatement or Further Extension. Once Lessee has either failed to execute its rights to extend the term pursuant to this Paragraph 11 or failed to execute the amendment called for within the time period hereunder, it shall have no right of reinstatement of its Options, nor shall Lessee have any right to a further extension of the Term beyond the period stated in this Paragraph 11 hereinabove.
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No Right of Reinstatement or Further Extension. Once Tenant has either failed to exercise its rights to extend the term pursuant to this Section 9 or failed to execute the amendment called for hereunder, it shall have no right of reinstatement of its Option to Extend the Term, nor shall Tenant have any right to a further extension of the Extended Term beyond the period stated in Section 9.1
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Related to No Right of Reinstatement or Further Extension

  • No Right of Set-Off The Trustee waives any right of set-off or any right, title, interest or claim of any kind that the Trustee may have against the Property held in the Trust Account. In the event the Trustee has a claim against the Company under this Agreement, including, without limitation, under Section 3(b), the Trustee will pursue such claim solely against the Company and not against the Property held in the Trust Account.

  • No Right to Cancel You do not have the right to cancel your subscription or change your mind. Once you sign this Investment Agreement, you are obligated to purchase the Note, no matter what, even if the Offering is over-subscribed and the amount of your Note is reduced.

  • No Right of Setoff Neither party hereto nor any affiliate thereof may deduct from, set off, holdback or otherwise reduce in any manner whatsoever against any amounts such Persons may owe to the other party hereto or any of it affiliates any amounts owed by such other party or its affiliates to the first party or its affiliates.

  • No Right to Set-Off The Recipient shall timely pay the full amount of Service Charges and Reimbursement Charges and shall not set-off, counterclaim or otherwise withhold any amount owed to the Provider under this Agreement on account of any obligation owed by the Provider to the Recipient.

  • No Right To Employment or Other Status The grant of this option shall not be construed as giving the Participant the right to continued employment or any other relationship with the Company. The Company expressly reserves the right at any time to dismiss or otherwise terminate its relationship with the Participant free from any liability or claim hereunder.