Designated Term definition

Designated Term has the meaning specified in Section 2(b) hereof. ---------- ----
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Designated Term has the meaning given to it in Clause 8.3(a)(ii) (Default interest).
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Designated Term means, with respect to each Franchise Agreement, (i) the territory in which the Renters Choice Entity is restricted from operating Stores, (ii) obligations, including, without limitation, with respect to Intellectual Property, of the applicable Renters Choice Entity upon termination thereof, (iii) any guarantee by any Renters Choice Entity of any obligation of the franchisee and (iv) any express right of the franchisee thereunder to a remedy of specific performance.
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Examples of Designated Term in a sentence

  • If such election is made, the DLOC will bear interest from the DLOC Term Out Date to the Maturity Date at a per annum fixed interest rate (the “DLOC Fixed Rate”) equal to the greater of (1) 5.50%, or (2) the sum of (i) 3.00%; plus (ii) the Treasury Rate for the Designated Term, as of the day that is one Business Day prior to the DLOC Term Out Date.

  • Within 30 days of receipt of the request, Lender will provide Borrower with an indicative quote (the “DLOC Rate Quote”, the date of the DLOC Rate Quote being referred to as the “DLOC Quote Date”) for fixed rate pricing based on a per annum rate equal to 3.00% plus the Treasury Rate for the Designated Term.


More Definitions of Designated Term

Designated Term means, as of the date of determination, the remainder a 5-year term commencing on the Closing Date. ​
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Designated Term has the meaning as set forth in Clause 12.1(a).
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Designated Term is defined in SECTION 5.L1(C) hereof.
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Designated Term means, with respect to each Franchise Agreement, (i) the territory in which the Company or any of its Subsidiaries is restricted from operating Stores, (ii) obligations, including, without limitation, with respect to Intellectual Property, of the Company or its Subsidiaries upon termination thereof, (iii) any guarantee by the Company or any of its Subsidiaries of any obligation of the franchisee and (iv) any express right of the franchisee thereunder to a remedy of specific performance.
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Designated Term means each of the following provisions of the Registry Agreement in the form in effect as hereby approved by the Department of Commerce: Sections 3.1(c)(iii) & (v) (including Appendix 5), 3.1(d)(iii), 7.1, and 7.3, which terms, and obligations of VeriSign thereunder, shall be incorporated into the Cooperative Agreement by reference.
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Related to Designated Term

  • Service & Term XOOM Energy Ohio, LLC (“XOOM” or “Company”) agrees to act as your exclusive natural gas supplier and will provide competitive retail natural gas service to you. The Term of this Agreement will begin on the next available meter read date after processing of the request by XOOM and your gas utility, and will continue for the Contract Term as set forth in the accompanying Contract Summary, which is incorporated into this Agreement. Acceptance into the Program:These terms and conditions are subject to your acceptance into the program by both XOOM and your local utility. You will be promptly notified if you are not accepted into the program. Switching fees may apply to you under your local utility’s tariff if you are accepted into the program by both XOOM and your local utility.

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • Offering Commencement Date means the first day of each Offering Period.

  • Non-Compete Period means the period commencing on the Effective Date and ending twelve months after the earlier of the expiration of the Employment Period or the Executive’s Date of Termination.

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

  • Severance Period means the period of time commencing on the date of the first occurrence of a Change in Control and continuing until the earlier of (i) the second anniversary of the occurrence of the Change in Control and (ii) the Executive’s death.