; and (II) with respect to an environmental impact statement, 2 years after the date on which the Secretary issues a notice of intent to prepare such environmental impact statement. (ii) Adjustment of timeline An entity that is issued a lease pursuant to a lease sale under paragraph (2) may enter into— (I) 1 or more agreements with the Secretary to extend a deadline described in clause (i) by not more than 6 months for each such agreement; and (II) an agreement with the Secretary to otherwise adjust any deadline under this subparagraph. (k) Permitting (1) In general Pursuant to sovereign contracting rights and obligations, the Secretary shall review and grant or deny in accordance with paragraph (2) any application for a permit or other approval for offshore oil and natural gas exploration, development, and production activities under a lease issued pursuant to this Act by not later than the earlier of— (A) 75 calendar days after the date on which the application is received by the Bureau of Ocean Energy Management or the Bureau of Safety and Environmental Enforcement; or (B) any other applicable deadline required by Federal law. (2) Approval or denial (A) In general Absent clear grounds for denial of an application for a permit or other approval described in paragraph (1), the Secretary shall grant the permit or approval. (B) Requirement If the Secretary denies an application for a permit or other approval under subparagraph (A), the Secretary shall provide to the applicant written notice explaining the grounds for the denial. .