Examples of Original Term in a sentence

The terms and conditions during any Renewal Term shall be the same as the terms and conditions during the Original Term, except that the Base Rentals and Purchase Option Price shall be as otherwise provided herein.
Prior to expiration of the Original Term or subsequent renewal term, as applicable, RRC may extend this Contract, by written amendment, for up to three (3) additional one-year optional renewal terms as set forth below.
The total amount of fees to be paid under this Contract through the Original Term and extension terms, if any, (collectively, “Contract Term”) shall not exceed ONE MILLION, TWO HUNDRED FIFTY THOUSAND DOLLARS AND ZERO CENTS ($1,250,000.00).
The obligation of the County to pay Base Rentals and Additional Rentals during the Original Term and the then current Renewal Term shall be absolute and unconditional in all events, except as expressly provided herein, and payment of the Base Rentals and Additional Rentals shall not be abated through accident or unforeseen circumstances.
Since the expiration of the Original Term, the Master Lease has been renewed for each successive Renewal Term until the present.

More Definitions of Original Term

Original Term means, with respect to a Property Schedule, the period from the Commencement Date until the end of the budget year of Lessee in effect at the Commencement Date.

Original Term is defined in Section 2.1 below.

Original Term shall have the meaning specified in paragraph 12 hereof.

Original Term shall have the meaning set forth in Section 13.1.

Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at the Commencement Date, as set forth in Section 3.2.

Original Term has the meaning set forth in Section 3.1.

Original Term means, with respect to each Lease, the period from the Commencement Date identified in the related Equipment Schedule until the end of the fiscal year of Lessee in effect at such Commencement Date.