Commencement of Term definition

Commencement of Term means the date the Term of this FSP begins, as specified in Paragraph 2.3.
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Commencement of Term. The Term shall commence upon the date of final acceptance of this Agreement by Assignee.
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Commencement of Term means the date the Term of this FSP begins, as specified in Section 2.6 of this document.
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Examples of Commencement of Term in a sentence

  • If the damage to the Premises arising from such occurrence is reparable within one hundred twenty (120) days from the date of the occurrence, the District shall proceed with due diligence to restore, repair and replace the Premises to the same condition as they were in as of the Commencement of Term.

  • Section 3-1: General Provisions (c) Commencement of Term - If the election is held after the dissolution of the annual town meeting, the terms of office of those elected shall commence and the terms of those replaced shall expire the day following the election.

  • Upon expiration or termination of Agreement/License, Gardener shall return Plot to WMU in as good a condition as it was at Commencement of Term, reasonable wear and tear excepted.

  • Notwithstanding anything in this lease to the contrary, the term of this lease shall commence on the earlier of the following dates ("Commencement of Term").

  • Balance as of December 31, Maturity Average ----------------- Lender Property Rate Date Maturities 2001 2000 ------------------------------------------------------------------------------------------------------------------------------------ FIXED RATE MORTGAGES Metropolitan Life Insurance Company Date Palm 10.450% 07/01/02 0.5 $ 8,933 $ 9,102 The Travelers Insurance Company North County 10.375% 01/31/03 1.1 14,865 15,232 Column Financial, Inc.

  • Security Deposit: N/A Amount Due Upon Execution: Prorated based on commencement date Term: Five Years Possession Date: N/A Commencement of Term: First of the calendar month following the date that Tenant inspects and accepts possession of the Premises.

  • The Term of this FSP will be 5 years from the Commencement of Term.

  • The Tenant shall pay rent to the Landlord annually, in advance, at the Commencement of Term (as described in the Basic Terms) and continuing on each anniversary date thereafter, without set-off, deduction or abatement, subject to paragraph 6.

  • Section 4.08 Commencement of Term The term of a Trustee shall commence on the first day of July, immediately following such election and shall terminate on the thirtieth day of June of the second year thereafter.

  • Commencement of Term of OfficeThe term of office for each Director of the Board shall commence on January 1 following election and continue for the designated term or until a successor is elected.

Related to Commencement of Term

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

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

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

  • Effective Date of Termination means the date on which a Qualifying Termination occurs which triggers the payment of Severance Benefits hereunder.

  • Contract Term means period of performance set forth in the paragraph entitled “Term” contained in Exhibit E.

  • End of Term Extension means the time period defined in §2.D.

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Base Term Commencing (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 June 30, 2019.”

  • Commencement Date means the date of this Agreement;

  • Agreement Term has the meaning set forth in Section 11.1.

  • Fixed Term shall have the meaning given such term in Section 2.3.

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

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

  • Renewal Period the period described in clause 13.1.

  • Lease Termination Date means the last day of the Lease Term.

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Reemployment Commencement Date means the first day following a One-Year Period of Severance on which an Employee is entitled to be credited with an Hour of Service described in Paragraph (a)(1) of the definition of “Hour of Service” in this Article.

  • The term Trustee" shall mean The Bank of New York Mellon and its successors in interest or any successor trustee appointed as provided in the Standard Terms and Conditions of Trust.

  • Event of Termination has the meaning specified in Section 7.01.

  • Initial Termination Date shall have the meaning set forth in Section 7.1(b).

  • Termination or “Terminated” means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the Committee; provided, that such leave is for a period of not more than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Parent or Subsidiary of the Company as it may deem appropriate, except that in no event may an Award be exercised after the expiration of the term set forth in the applicable Award Agreement. The Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the “Termination Date”).

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

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

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • (iii) the term covered period’ means