Commitment Term Clause Samples
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Commitment Term. The term of this Agreement and the City's participation in the Program (the "Commitment Term") will commence on January 16, 2022 and shall continue through November 30, 2022. This Agreement, and the City's participation in the Program, will automatically terminate, without the need for any action by either party hereto, at the end of the Commitment Term.
Commitment Term. Customer accepts that following the delivery of any Equipment under the Vaas Program, Customer commits to a five (5) year subscription term for such Equipment at the rate provided in the Ordering Document (the “Initial Commitment Term”). If Customer, for any reason, terminates any of its obligations to Motorola prior to expiration of the applicable Commitment Term (as defined below), Customer will be subject to the payments described in Section 4.6.2 – Termination hereunder.
Commitment Term. The "TERM" of the Commitment hereunder shall be for a period commencing on the Closing Date and ending on the Facility Termination Date, or such later date as the Committed Note Purchaser, Paradigm and the Agent may agree to in writing, in their sole and absolute discretion.
Commitment Term. Subject to the terms and conditions hereof ---------------- and of the Participation Agreement, each Lender severally agrees to make term loans to Borrower ("Loans") on each Advance Date and, during a Construction ----- Period, on any Payment Date on which interest shall be capitalized, in an aggregate principal amount not to exceed, for all dates on which Loans are made, the amount of such Lender's Commitment. LIBO Rate Loans shall be made by each Lender at its LIBOR Office. The term of this Loan Agreement shall expire on the Final Maturity Date.
Commitment Term. The “Initial Commitment Term” shall commence as of the [***] Commencement Date and shall terminate automatically on December 31, 2017. The Initial Commitment Term may be extended in twelve (12) month increments by the mutual written agreement of the Parties achieved at least [***] ([***]) months prior to the end of the existing Initial Commitment Term (together with the Initial Commitment Term, the “Commitment Term”).
Commitment Term. Purchaser's commitment to purchase the Commitment Amount of Notes from the Company, subject to the terms and conditions set forth herein, shall expire on the second anniversary of the Closing Date.
Commitment Term. Reserved.
Commitment Term. Minnesota Housing’s commitment to purchase qualified Loans from Seller shall begin on the date specified in the Manual, and be continue for the period and in the manner specified in the Manual.
Commitment Term. Minimum Monthly Commitment: $1,000,000.00 (Based on Customer's monthly Qualifying Charges before the application of discounts.)
Commitment Term. The minimum term that You have agreed to use our services is outlined in our In-Scope Services to you and is referred to as the Commitment Term. Afier the expiry of the Committed Term, an extension of the Term will automatically commence equal to the period of the original Committed Term, unless earlier terminated as outlined in the ‘Termination’ section below.
