OPTION TO EXTEND; NEW LEASE. A. Lessee shall have the option to continue this Lease in effect for four additional successive periods of five years each, provided that, at the time of exercise of such ...
FIRST OPTION TO RENEW. Tenant is hereby granted the option to renew this Lease for a First Renewal Term for each Facility, which option shall be exercised by Notice to Landlord at least one hundred ei...
Office of Management and Budget provides confusion in using the Federal Acquisition Regulation (FAR) 52.217-8 to extend contract services. The Armed Services Board of Contract Appeals (ASBCA) also mentions that the clause can be applied for bid protests and alleged mistakes in bid.PRAIRIE...
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You can declare multiple variables in one declaration statement. You just need to specify the variable name separated by commas in one As clause. Dim FirstNo, SecondNo As Integer You can also specify different variables in one declaration statement. Each variable will take the data type specified...
Lease options usually have default and termination clauses. Default and termination provisions should outline what happens if either party fails to meet their obligations. Some lease option agreements may include an option for the tenant to extend the lease term or exercise period if they need more...
(o) Clause 34 amends regulation 12I of Cap. 374B, so that the Commissioner shallcancelaPDL to drive a class of motor vehicle if the licence holder has been convicted of certain traffic offences committed by him during the probationary driving period while driving a class of motor[...] ...
In fact, unlike ShellTime, ShellLNGTime1 considers (1) the right to choose the boil-off gas (BOG), (2) the ship-to-ship (STS) problem within the charter period, and (3) the extension of the charter period due to market fluctuations as key issues, and constitutes the contract clause...
A renewal option is a clause in a financial agreement that outlines the terms for renewing or extending an original agreement. The renewal option appears as acovenantin the original agreement and provides specifications under which the entities can renew or extend the original terms for an additiona...