TERM 3. For the period beginning on November l, 2021 and ending on October 31, 2022, a Minimum Annual Fee of Dollars ($ ) and, as applicable, a Percentage Fee equal to calculated in accordance with Part II, Section 6 hereof.
TERM 3. 0 VERTRAGSDAUER This Agreement shall remain in full force and effect for a period of one (1) year starting on effective date as stated in the Quote or Purchase Order Confirmation unless terminated earlier as provided in Section 4. Der Vertrag ist für ein (1) Jahr ab dem im Angebot oder Auftragsbestätigung angegebenen Vertragsbeginn wirksam geschlossen, sofern er nicht gemäß Ziffer 4 vorzeitig beendet wird.
TERM 3. (a) The term of this Lease and Tenant’s obligation to pay Rent hereunder shall commence on the earlier of (i) the 150th day after this Lease is fully executed, and (ii) the date following Substantial Completion of the Premises when Tenant shall be able to take possession of and have full use and occupancy of the Premises except for the completion of minor punch list items (“Commencement Date”).
TERM 3. .1 The Landlord demises to the Tenant the Property for a term of ten years from 22nd April 2020 (“the Term”). 3.2 The termination of this Lease for whatever reason shall not affect the liability of the Landlord the Tenant or any Guarantor for any antecedent breach of any covenant or condition herein contained. 3.3
TERM 3. 1 Unless terminated earlier pursuant to any other provision of this Agreement, the term of this Agreement shall be for a period commencing on the Effective Date, through the later of September 9, 2000, or the termination of that Credit Agreement dated September 9, 1999 between Aquila Energy Capital Corporation and Xxxxxx Oil Company, and continuing month-to-month thereafter until terminated by either Party upon thirty (30) Days prior written notice to the other; provided, however, that if one or more Transactions are in effect, termination under this Article 3 shall not be effective for such Transaction(s) until the expiration of the Period of Delivery of such Transaction(s).
TERM 3. 00 To have and to hold the Premises for the term of Five years Four months (herein called the "Term") commencing on the 1st day of October, 1996 and ending on the 31st day of January, 2002.]
TERM 3. 1 The term of this Agreement shall be for a period of five (5) years from the Effective Date unless earlier terminated under Article 10 below. The parties may extend the term of this Agreement for successive one (1) year periods upon the terms and conditions set forth herein, provided the parties mutually agree on a transfer price and minimum purchase requirements for the OEM Balloon Dissectors. Unless terminated early pursuant to Article 4.6(a)(iii), for a period of [**************] following the termination of this Agreement, or any extension thereof, GSI shall not enter into any [***] CONFIDENTIAL TREATMENT REQUESTED agreement with a single distributor or OEM for exclusive rights to supply Tissue Dissectors for resale in the Expanded Field to such party upon terms requiring such distributor or OEM to make a Guaranteed Payment less than the midpoint of those terms last offered in writing by GSI and by Ethicon. Ethicon's offer will be deemed to be zero if Ethicon fails to make an offer in writing.
TERM 3. 1. The Contractor’s engagement under this Contract shall commence on the signature date of this Contract and shall continue to be in place until terminated in accordance with Clause 15 of this Contract (“Term”). 3.2. Notwithstanding the Clause 3.1, the Parties agree that the Contractor’s appointment under Clause 2.3 of this Contract shall expire upon the development of the Control System and the delivery of the deliverables of the Project to the Company. 4. PAYMENT 4.1. The total costs of the Project for the Company shall be £2,375,000 (plus VAT, if applicable), which includes a 25% management fee (“Management Fee”), and which Management Fee portion shall be payable to the Contractor for the procurement, facilitation and management of the provision of the Services by the Control System Developer (altogether, the “Project Cost”). 4.2. The Contractor shall be allowed to incur expenses of up to 10% of the Project Cost subject to submission of relevant receipts to the Company. Any additional costs shall be pre-approved by the Company before being incurred. 4.3. The Company will pay the Contractor fifty percent (50%) of the Project Cost upon signature of this Agreement subject to receipt of the Contractor’s invoice. 4.4. The remainder of the Project Cost will be paid to the Contractor on a quarterly basis as detailed in Attachments A and B of this Contract. Company shall pay approved invoices within thirty (30) days of receipt of invoice. Notwithstanding anything to the contrary contained herein or in the attachments or exhibits, the Company shall retain ten percent (10%) from each approved invoice (the “Retainage”) which Retainage shall be paid to the Contractor in full upon the Completion of the Project, as defined under Clause 5.6 below.
TERM 3. 1 All of the provisions of this Lease shall be in full force and effect from and after the date first above written. The Lease Term shall commence on the Lease Commencement Date and expire at 1 1:59 PM on the Lease Expiration Date. If the Lease Commencement Date is not the first day ofa month, then the Lease Term shall be the period set forth in Section 1.14 plus the partial month in which the Lease Commencement Date occurs. The Lease Term shall also include any properly exercised renewal or extension of the term ofthis Lease, 3.2 Promptly after the Lease Commencement Date is ascertained, Landlord and Tenant shall execute the certi�cate attached to this Lease as Exhibit D. Failure to execute said certificate shall not affect the commencement or expiration of the Lease Term. 33 Tenant is currently in possession of the Premises pursuant to a sublease that Tenant has with the current tenant of the Premises, Tribune Media Company, a Delaware corporation, and the parties anticipate that Tenant will still be in possession of the Premises under such sublease on the Lease Commencement Date. Tenant’s retention of possession of the Premises shall be deemed delivery of the Premises for purposes of this Lease. Landlord hereby waives any restoration obligations that Tribune Media Company may have under its current master lease with Landlord for the Premises (the “Master Lease”). If for any reason the Master Lease is terminated prior to the Lease Commencement Date through no fault of Tenant, then the Lease Commencement Date for this Lease shall be accelerated to the date that the Master Lease has been terminated and Tenant shall be allowed to retain possession of the Premises upon all of the terms and conditions of this Lease, except the Base Rent schedule for the first time period in Section 1.2 shall be expanded to cover the period from the Lease Commencement Date until September 30, 2019 and all other periods in the Base Rent schedule stay the same. ARTICLE IV
TERM 3. 1 The term of this Lease (the “Term”) shall be for 20 years commencing on [_____] (the “Commencement Date”) and unless sooner terminated pursuant to any provision hereof shall end at midnight on [____]. In the event the aforesaid Commencement Date shall occur on a date other than the first day of the calendar month, then the Term of this Lease shall be for the number of full lease years plus the number of days remaining in the month in which the Term commences. For purposes of this Lease, the term “Lease Year” shall mean a period not to exceed twelve (12) calendar months commencing on the Commencement Date (in the case of the first Lease Year) and January 1 in other years, and ending on December 31 of the same year or the last day of the Term (in the case of the last Lease Year). ARTICLE 4 RENT 4.1
