Actual Term definition

Actual Term means the period of time from the Effective Date until the termination of this Agreement in accordance with the provisions of Section 6 hereof.
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Actual Term. As used herein, the following terms shall have the meanings indicated below:
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Actual Term means the period encompassed by the Date Out and the Date In shown in the Rental Schedule. "Authorised Officer" means —
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Examples of Actual Term in a sentence

  • During and after the Actual Term, Cohl also shall cooperate reasonably with the Companies in connection with any investigation or review of any regulatory authority as any such investigation or review relates to events or occurrences that transpired while Cohl was providing services hereunder.

  • The Companies will pay or reimburse to KSC all normal and reasonable travel and entertainment expenses incurred during the Actual Term by KSC or Cohl in connection with the provision of Cohl’s services under this Agreement upon submission of proper vouchers in accordance with the expense reimbursement policy of the Companies, which policy is attached as Schedule 3(c) hereto.

  • During the Actual Term, Cohl will (i) serve as the most senior executive of each of the Companies and shall have the title of “Chief Executive Officer” of each of the Companies and (ii) report to the Board of Directors (or similar governing body) of each Company (herein collectively called the “Boards” and individually, a “Board”).

  • During and after the Actual Term, KSC will cause Cohl to reasonably cooperate with the Companies in the defense or prosecution of any claims or actions now in existence or which may be brought in the future against or on behalf of any one or more of the Companies which relate to events or occurrences that transpired while Cohl was providing services hereunder.

  • The Companies will pay KSC on an hourly basis (to be derived from amount of the Service Fee) for litigation and regulatory cooperation provided by Cohl that occurs after the Actual Term, and reimburse KSC for all costs and expenses incurred in connection with Cohl’s performance under this Section 11, including, but not limited to, reasonable attorneys’ fees and costs.

  • The amount of the Bonus Fee may be increased, from time to time during the Actual Term, upon approval of the Boards without a formal amendment hereto.


More Definitions of Actual Term

Actual Term means the period of time from the Effective Date until the termination of the Services Relationship in accordance with the provisions of Section 6 hereof.
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Related to Actual Term

  • Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Renewal Term has the meaning set forth in Section 2.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Extension Term means the time period defined in §2.C.

  • Base Term Beginning (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on August 31, 2024.”

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Normal Termination means termination of employment or service with the Company and Affiliates:

  • Extended Period As defined in Section 9.04(b).

  • Initial Term has the meaning set forth in Section 7.1.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Base Year means the period set forth in Section 5 of the Summary.

  • Quarterly Commencement Date means the 1st day of each of April, July, October and January in each year.

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Additional Term shall have the meaning set forth in Section 8.2.

  • Initial Contract Period means the period from the Commencement Date to the date of expiry set out in clause A2 (Initial Contract Period), or such earlier date of termination or partial termination of the agreement in accordance with the Law or the provisions of the Contract.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any interest period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions. All percentages used in or resulting from any calculation of Three-Month Term SOFR shall be rounded, if necessary, to the nearest one-hundred-thousandth of a percentage point, with 0.000005% rounded up to 0.00001%.