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).

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.

Examples of Designated Term in a sentence

• The Designated Term Loan Agent is hereby authorized to make any such endorsements as agent for the ABL Agent or any such ABL Lender.

• The Employee's employment hereunder shall commence on the date hereof, and shall continue until terminated in accordance with Section 4 hereof, provided that, subject to the other terms and conditions hereof, the term of employment shall be at least until June 7, 2001 (such period being referred to herein as the "Designated Term"), and provided, further that from ---------- ---- and after June 8, 2001, subject to the provisions of Section 5 hereof, the Employee's employment hereunder shall be at will.

• If Transoft identifies the Software as licensed for a fixed term, limited duration or rental and does not specify a term, then the Designated Term shall expire ninety (90) days after the date You first install the Software.

• The Designated Term Agent is hereby authorized to make any such endorsements as agent for the ABL Agent or any such other ABL Secured Parties.

• All proceeds of such insurance shall be remitted to the ABL Agent or the Designated Term Agent, as the case may be, and each of the Term Agents and ABL Agent shall cooperate (if necessary) in a reasonable manner in effecting the payment of insurance proceeds in accordance with Section 4.1 hereof.

• Until the Discharge of Term Loan/Notes Obligations, if the ABL Agent or any other ABL Secured Party shall, at any time, receive any proceeds of any such insurance policy or any such award or payment, it shall pay such proceeds over to the Designated Term Loan/Notes Agent in accordance with the terms of Section 4.4.

• The Term Loan Agent shall be the “controlling party” on the Blocked Account Agreement with respect to the Designated Term Loan Account so long as any Term Loan Debt remains outstanding (it being understood and agreed that the Administrative Agent shall also have a Lien on the Designated Term Loan Account and shall become the “controlling party” with respect thereto to the extent no Term Loan Debt remains outstanding).

• Senior Sub Transactions Initially the Senior Sub Transactions will be comprised of the following Term securitizations: AmeriCredit Automobile Receivables Trust 2000-1 AmeriCredit Automobile Receivables Trust 2001-1 AmeriCredit Automobile Receivables Trust 2002-1 Senior Borrowing Base Calculation Using the Modeling Assumptions for each Designated Term Series and applying the Senior Loss Multiple to the Expected Remaining Losses, a schedule of monthly cash flows will be determined.

• Unless and until the Discharge of Term Loan Claims has occurred, all proceeds of any such policy and any such award in respect of the Term Loan Priority Collateral shall be paid in accordance with the terms of Section 4.3. If the ABL Agent or any ABL Lender shall, at any time, receive any proceeds of any such insurance policy or any such award in contravention of this Agreement, it shall pay such proceeds over to the Designated Term Loan Agent in accordance with the terms of Section 4.4.

• Expected Remaining Losses Expected Remaining Losses, individually for each Designated Term Series, will equal the Expected Cumulative Loss Expectation minus Actual Losses to Date.

More Definitions of Designated Term

Designated Term has the meaning as set forth in Clause 12.1(a).

Designated Term means, as of the date of determination, the remainder a 5-year term commencing on the Closing Date. ​

Designated Term is defined in Section 5.11(c) hereof.

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.

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.