During the Lease Period Sample Clauses

During the Lease Period the Sourced Employees shall continue to be eligible to participate in each of the Merck Benefit Arrangements in which they were eligible to participate immediately prior to the Effective Date on the terms and conditions of such plans as in effect from time to time. For each month that ends during the Lease Period and for the portion of a month which ends on the Expiration Date if the Expiration Date is not the last day of such month, Medco will pay to Merck on a monthly basis in accordance with Section 3.4 below an amount equal to a percentage of the Base Salaries (as defined in Section 1.3 of this Agreement) to cover the costs of such Merck Benefit Arrangements (the "Benefits Amount"), such percentage to be the same percentage that Merck charges to its divisions for such plan benefits. The parties agree that the costs of the bonus payments made pursuant to Section 3.5 of this Agreement and any severance benefits made pursuant to Section 2.5 or Section IV of this Agreement shall not be included in the Benefits Amount.
During the Lease Period. Buyer shall have sole discretion to and shall provide professional and/or technical supervision to Leased Employees and shall have sole discretion to decide work assignments and the locations at which such assignments shall be performed by Leased Employees. Buyer shall be responsible for and shall provide at its expense work stations, tools, materials, and other supplies required by Leased Employees. To the extent required and authorized by Buyer, Buyer shall reimburse Leased Employees for any expenses incurred for necessary and reasonable business travel, entertainment and other business expenses in connection with Leased Employee's duties. Buyer shall reimburse Leased Employees for such expenses upon presentation of an itemized account and appropriate supporting documentation, all in accordance with Buyer's generally applicable policies.
During the Lease Period the Lessee shall pay to the Lessor (or to the Lessor's order) installments of rent for the Aircraft monthly in advance, each such instalment being of the amount specified in paragraph 2 of Letter Agreement No. 1 opposite the relevant Payment Date and being payable on such Payment Date.
During the Lease Period the Vehicle may not be used (i) for the conveyance of passengers or goods for reward; (ii) to propel or tow any other vehicle (including any caravan or trailer) unless authorised by the Lessor in writing; (iii) below the high tide water mark along the coast or in any pools or water salt pans; (iv) for any illegal purpose of any nature whatsoever;

Related to During the Lease Period

  • Lease Period NRANVP hereby vests the Leased Land unto the Lessee under the terms of this Agreement for the period of lease which shall be 30 (Thirty) years initially commencing from the _____ day of _____Month 2021 and ending on___________ day of Month of year 2051 by efflux of time”, The Lease, after expiry of the initial Lease Period, shall be renewed for another two successive term of 30 years aggregating to a total of 90 (Ninety) years from the date of signing of Agreement subject to the compliance of the terms and conditions of this Agreement by the Lessee. NRANVP hereby undertakes that it shall not terminate this Agreement or refuse to extend the lease term, except upon the occurrence of event of default prescribed under this Agreement due to breach of any of the terms and conditions of this Agreement by the Lessee.

  • Term of the Lease The lease begins at p.m. on (the “Check-in Date”) and ends at a.m. on (the “Checkout Date”).

  • Commencement Date The Subcontractor shall be permitted to begin the Services on ______________________, 20____ (“Commencement Date”).

  • Rent Commencement Date The Rent Commencement Date, unless otherwise specified in the Supplement, shall be the date payment is due IBM under the applicable referenced agreement. Lessee shall be notified of the Rent Commencement Date and the serial numbers of the Equipment.

  • Base Term Commencing on the Expansion Premises Commencement Date, the defined term “Base Term” on page 1 of the Lease is deleted in its entirety and replaced with the following:

  • week period (b) The day shift shall be the first shift of the day.

  • Original Term The weighted average original term for the Receivables is at least 65 months.

  • Partial Disposal During Term of Service Agreement Throughout the Term of the Service Agreement, LEA may request partial disposal of Student Data obtained under the Service Agreement that is no longer needed. Partial disposal of data shall be subject to LEA’s request to transfer data to a separate account, pursuant to Article II, section 3, above.

  • Sublease Term The Sublease Term shall be for the period commencing on July 23, 2001 and continuing through December 31, 2002. In no event shall the Sublease Term extend beyond the Term of the Master Lease.

  • Lease Commencement Date The earlier of (i) the date Tenant commences business operations in the Premises, or (ii) the date the Premises are Ready for Occupancy (as defined in the Tenant Work Letter attached hereto as Exhibit B), which Lease Commencement Date is anticipated to be May 1, 2016.