OPTION TO EXTEND THE TERM OF THE CONTRACT Option to Extend Term Extension Option Renewal Option Expansion Option Extension Right Term of the Lease Extension Options Parent Clauses WHEREAS Miscellaneous Provisions Related Contracts Commercial Lease ...
a7.4 The PARTIES shall have the option to revise the term of this CONTRACT. Upon mutual agreement that the term of this CONTRACT shall then be revised accordingly and by a document in writing executed by the duly authorized representatives of the PARTIES through the CONTRACT Change Procedure set...
aCONTRACT TERM: Twelve Months (12mos) Supply Contract Term, with option to increase. 合同期限: 十二个月(12mos)供应合同期限,以增加的选择。[translate]
For example, imagine that in the past you entered into a long-term contract for the supply of energy and for that purpose, the supplier dedicated some equipment in order to fulfil the contract. Under IFRIC 4 you might have identified that there was a lease, but under IFRS 16 you concluded...
(8) Insurance:To effected by the Buyers for 110% of invoice value covering 改为 by the sellers (9 ) Term of Payment: confirmed, revocable Letter of Credit 改为 confirmed, irrevocable Letter of Credi (11) Term of shipment Partial shipment and transshipment are not allowed. 改...
The minimum term of your contract with us will be ___a period of two years, with the option to renew.,for,of,past,when
Option Termmeans a period, if any, through which this Agreement may be or has been extended by the JBE. Put Optionmeans an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise...
a.To make active use of; employ, apply, or exert:exercise restraint; exercise control. b.To discharge (duties, for example). 3. a.To carry out the functions of:exercise the role of disciplinarian. b.To execute the terms of (a stock option, for example). ...
The term underlying asset is used to refer to a financial asset in a derivatives contract. Underlying assets can be any type of security, including stocks, bonds, ETFs, indexes, currencies, and commodities, among others. The price of the underlying asset is the basis of the contract. For in...
The term "time value" is often associated with money but it applies to options and anything else of value as well. The theory states that money or an asset is worth more at present than it may be in the future. The asset or cash can work for you in the present and create additional...