Five-Year Sample Clauses
The "Five-Year" clause establishes a specific duration of five years for the validity or effectiveness of a contract, agreement, or particular obligation within a legal document. In practice, this means that the rights, responsibilities, or restrictions outlined in the relevant section will remain in force for exactly five years from a defined starting point, such as the date of signing or commencement of services. This clause is commonly used to provide certainty regarding the time frame of commitments, ensuring that both parties are aware of when their obligations begin and end, and preventing indefinite or ambiguous contractual periods.
Five-Year. 4.01.06.01 Perform full load governor, safety and buffer test.
Five-Year. Senior Unsecured Revolving Credit Agreement, dated as of June 22, 2012, among The ADT Corporation, Tyco International Ltd., the lenders party thereto and Citibank, N.A., as Administrative Agent.
Five-Year. Notes in the aggregate original principal amount equal to the balance of the amount due the Other Noteholders at the Amended Maturity Date not paid under Section 6.1, above.