Program Extension Period definition

Program Extension Period means any period after the Initial Termination Date for which the Secretary has elected to extend the Program, starting from the first calendar day following the former Termination Date (the “Program Extension Date”) to the new Termination Date designated by the Secretary.
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Examples of Program Extension Period in a sentence

  • A Fund that does not, or is not eligible to, participate in a Program Extension Period may not thereafter participate in any subsequent Program Extension Period.

  • The Secretary, in the Secretary’s sole and absolute discretion, may elect to extend the Program beyond the Initial Termination Date for such Program Extension Period or Periods as the Secretary may determine, provided, however, that in no event shall the Program be extended beyond 11:59 p.m., Washington, D.C. time, on September 18, 2009.

  • The Program Extension Participation Payment shall be an amount equal to such Fund’s Fund Designated Asset Base multiplied by the percentage designated by the Treasury for such Program Extension Period in the Extension Announcement or, at the Treasury’s sole and absolute discretion, an amount based on any other formula described in the Extension Announcement.

  • In the event that a Fund continues to participate in the Program during a Program Extension Period, the Investment Company shall pay to the Treasury a non-refundable payment (a “Program Extension Participation Payment”) with respect to such Program Extension Period, which payment shall be made on the same date as the Investment Company’s delivery of the Program Extension Notice.

  • In the event that the Fund continues to participate in the Program during a Program Extension Period, the Fund shall pay to the Treasury a non- refundable payment (a “Program Extension Participation Payment”) with respect to such Program Extension Period, which payment shall be made on the same date as the Fund’s delivery of the Program Extension Notice.

  • The Program Extension Participation Payment shall be an amount equal to the Fund Designated Asset Base multiplied by the percentage designated by the Treasury for such Program Extension Period in the Extension Announcement or, at the Treasury’s sole and absolute discretion, an amount based on any other formula described in the Extension Announcement.

Related to Program Extension Period

  • Second Extension Period means the period commencing on the date immediately following the First Extended Maturity Date and expiring on the Second Extended Maturity Date, as more fully set forth in Section 2.9 hereof.

  • First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.

  • Resolution Extension Period As defined in Section 2.03(b).

  • Extension Period has the meaning specified in Section 3.12.

  • Extension Term means the time period defined in §2.C.