Common use of Term Extension Clause in Contracts

Term Extension. It is understood and agreed that the State may extend the Term an additional period of time, not to exceed one hundred-eighty (180) days beyond the expiration date of this Grant Contract, under the same terms and conditions. In no event, however, shall the maximum Term, including all extensions or renewals, exceed a total of sixty (60) months.

Appears in 11 contracts

Sources: Grant Contract, Grant Contract, Grant Contract

Term Extension. It is understood and agreed that the The State may extend the Term an additional period of time, not to exceed one hundred-eighty (180) days beyond the expiration date of this Grant Contract, under the same terms and conditions. In no event, however, shall at the maximum Term, including all extensions or renewals, exceed a total of sixty (60) monthsState's sole option.

Appears in 11 contracts

Sources: Invitation to Bid (Itb), Invitation to Bid (Itb), Invitation to Bid

Term Extension. It is understood and agreed that the The State may extend the Term an additional period of time, not to exceed one hundred-eighty (180) days beyond the expiration date of this Grant Contract, under the same terms and conditions, at the State’s sole option. In no event, however, shall the maximum Term, including all extensions renewals or renewalsextensions, exceed a total of sixty (60) months.

Appears in 7 contracts

Sources: Contract, Contract for External Quality Review Services, Contract

Term Extension. It is understood and agreed that the The State may extend the Term an additional period of time, not to exceed one hundred-eighty (180) days beyond the expiration date of this Grant Contract, under the same terms and conditions. In no event, however, shall at the maximum Term, including all extensions or renewals, exceed a total of sixty (60) monthsState’s sole option.

Appears in 1 contract

Sources: Facilities Management Services Contract

Term Extension. It is understood and agreed that the The State may extend the Term an additional period of time, not to exceed one hundred-eighty (180) days beyond the expiration date of this Grant Contract, under the same terms and conditions. In no eventconditions DW WKH 6WDWInHn¶o eVve nVt, however, shall the maximum hRowOeHve r,RshSalWl thLeRmQax imum Term, including all extensions renewals or renewalsextensions, exceed a total of sixty (60) months.

Appears in 1 contract

Sources: Contract