Renewal Request Clause Samples

A Renewal Request clause outlines the process by which a party may seek to extend the term of an agreement beyond its original expiration date. Typically, this clause specifies the timeframe and method for submitting a renewal request, such as requiring written notice a certain number of days before the contract ends. Its core function is to provide a clear and orderly mechanism for continuing the contractual relationship, thereby preventing misunderstandings or lapses in service due to unclear renewal procedures.
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Renewal Request. Provided that no Event of Default has occurred (except only for an Event of Default that has been cured to Lender’s satisfaction as confirmed by Lender’s execution of a written agreement specifically acknowledging and describing the Event of Default so cured, or for an Event of Default that has been waived by Lender as confirmed by Lender’s execution of a written agreement specifically acknowledging and describing the Event of Default so waived), upon satisfaction of the conditions precedent set forth in Section 3.13(b) below, Lender agrees to a one-time, twelve (12) month renewal and extension of the Termination Date (the “Renewal”) so that, if the Renewal is granted, the Termination Date would be extended to, the second (2nd) anniversary of the Effective Date.
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Renewal Request. The Borrower may request an extension of the Scheduled Maturity Date then in effect by submitting a Renewal Request setting forth such proposed Scheduled Maturity Date not less than [Redacted]. prior to the proposed Effective Date; [Redacted].
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Renewal Request. The Facility A Borrowers (as such term is defined in the Bank Credit Agreement) have taken all necessary and appropriate action in accordance with section 2.4 of the Bank Credit Agreement to request the extension of the Conversion Date (as such term is defined in the Bank Credit Agreement) for an additional period of 364 days. Bank Facility A is in full force and effect as of the date hereof and the Facility A Borrowers thereunder have the right to borrow and reborrow not less than an aggregate of $50,000,000 thereunder until at least December 20, 2004.
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Renewal Request. To renew the Registration Period of a Registered Name prior to its expiry, a Registrant must request or enable its Registrar to submit a renewal request to us. Once validated and approved by us, we will debit the Registrar Account for the applicable Renewal Fees. If a Registrant selects a renewal period of more than 1 year or is charged by its Registrar on the basis of a renewal period of more than 1 year, the Registrar must request a renewal period that corresponds to the renewal period selected by the Registrant or charged for by the Registrar to the Registrant, and pay us the applicable Renewal Fee for the full maximum renewal period selected or paid for by the Registrant.
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Renewal Request. NFLP must receive a written request from Licensee by no later than the Renewal Request Date if applicable, listed on the Term Sheet or Term Sheets if Licensee desires to renew the License. If Licensee has complied with all terms and conditions of this License during the Term and NFLP desires, in its sole discretion, to negotiate a renewal License, NFLP shall negotiate with Licensee for the terms and conditions of a renewal License for a period of no more than sixty (60) days following NFLP's receipt of Licensee's renewal request notice. This License automatically expires at the end of the Term if NFLP does not receive Licensee's written request by the Renewal Request Date, Licensee has failed to comply with all terms and conditions of this License, NFLP elects not to negotiate a renewal License, or the parties are unable to reach an agreement within said sixty-day negotiation period. Licensee shall not take any orders for Licensed Products that will be shipped after the expiration of the License or any Sell-Off Period, if applicable, at any trade show or otherwise unless NFLP has notified Licensee in writing that NFLP will renew the License. Licensee acknowledges that NFLP has no express or implied obligation to renew the License. NFLP will have no liability to Licensee for any expenses incurred by Licensee in anticipation of any renewal or extension of this License.
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Renewal Request. Bank shall have received a letter, executed by the Company, requesting renewal of the Original Letter of Credit and the form and substance thereof shall be satisfactory to the Bank in its sole discretion.
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Renewal Request. The City shall determine whether to renew a Franchise granted under this Chapter in the event that the Grantee files a written request for such a renewal. The Grantee shall submit such a request at least 30 (but no sooner than 36) months, before the expiration of the Franchise. At the
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Renewal Request. Subject to the rights of the sponsor under this deed and ANZ under Margin Lending Agreement Terms and to the rights of any liquidator, receiver, administrator or trustee of the sponsor, if the sponsor is suspended from CHESS participation, you may within 20 business days, give notice to ASTC requesting that the participant sponsored holding be removed from: (a) the CHESS sub-register; or (b) the control of the suspended sponsor to the control of another participant with whom you have concluded a valid sponsorship agreement pursuant to ASTC Settlement Rule 12.19.10 and this deed. If you do not give notice and ANZ does not give any direction or instruction under clause 8.1(a), then ASTC may effect a change of controlling participant under ASTC Settlement Rule 12.19.11 and you will be deemed to have entered into a new sponsorship agreement with that controlling participant on the same terms as this deed. Where you are deemed to have entered into a sponsorship agreement in accordance with this clause 8.1, Any questions? Call ▇▇▇▇ ▇▇▇ ▇▇▇ ANZ Margin Lending – Terms and Conditions, p.24 the sponsoring participant must enter into a sponsorship agreement with you within ten business days of the change of controlling participant.
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Related to Renewal Request

  • CONTRACT RENEWAL PERIOD FURNITURE ADDITIONS/DELETIONS: Contractors wishing to make furniture additions/changes to their contract during the contract period should be aware of the following additions/changes will be allowed only once during a contract period. No changes to discount percentages are allowed during this contract period. Additions/changes must be submitted during the contract renewal period. When requesting additions and/or changes; contractor shall submit a request either by letter or via email which shall include a list of all items being proposed for addition and/or change. Contractor shall submit all required documents supporting any new items. Product literature for all new items shall also be submitted with the request. Contractor is responsible for submitting a complete name, address, email address, phone and fax numbers when a new dealer is added.

  • Renewal Contract Term Upon mutual written agreement, the Parties may renew this Contract, in whole or in part, for a Renewal Term not to exceed the Initial Contract Term, pursuant to the incorporated Special Contract Conditions.

  • Notice of Extension (a) If the Property Trustee is the only registered holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Administrative Trustees, the Property Trustee and the Trustee of its selection of such Extended Interest Payment Period two Business Days before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable; or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to The Nasdaq National Market or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date. (b) If the Property Trustee is not the only holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give the holders of the Debentures and the Trustee written notice of its selection of such Extended Interest Payment Period at least two Business Days before the earlier of (i) the next succeeding Interest Payment Date; or (ii) the date the Company is required to give notice of the record or payment date of such interest payment to The Nasdaq National Market or other applicable self-regulatory organization or to holders of the Debentures. (c) The quarter in which any notice is given pursuant to paragraphs (a) or (b) of this Section 4.2 shall be counted as one of the 20 quarters permitted in the maximum Extended Interest Payment Period permitted under Section 4.1.

  • Project Renewal Renewal of a PI’s access to controlled-access datasets for a previously-approved project.

  • Renewal, Extension The renewal or extension of any Letter of Credit shall, for purposes hereof, be treated in all respects the same as the issuance of a new Letter of Credit hereunder.