End of Term Renewal definition

End of Term Renewal means a Renewal that occurs at the end of the Original Initial Level Premium Period.
End of Term Renewal means with respect to any Coverage, a Renewal thereof that occurs at the end of the Original Initial Level Premium Period in respect of such Coverage.

Examples of End of Term Renewal in a sentence

  • No Recapture Fee is payable in connection with the recapture of any End of Term Renewal.

Related to End of Term Renewal

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

  • Contract Term Extension means an extension of the term of this contract, at the request of Purchaser, under this Subsection. This Subsection does not obligate Contracting Officer to grant Contract Term Extension. When such extension is made, Forest Service shall make an appraisal using standard Forest Service methods and appraisal data in effect 45 days prior to the original Termination Date. Bid Premium Rates shall be added to such appraised rates to establish Flat Rates or Tentative Rates for the extension period. In event rates so established would develop Current Contract Value immediately prior to such an extension that is less than Current Contract Value at that time, Flat Rates and Tentative Rates in effect immediately prior to extension shall be retained for the extension period. In consideration for granting an extension, Purchaser shall pay the Government for Purchaser’s failure to cut and remove timber meeting Utilization Standards prior to Contract Term Extension, an amount that shall be the total of the costs to the Government resulting from the delay in harvest of Included Timber. Such costs will be determined by Forest Service and shall include, but not be limited to, the following:

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Notice of Termination means a written notice which shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive's employment under the provision so indicated.

  • Long-term lease means a lease term of at least 27.5 years for a residential resource or at least 31.5 years for a nonresidential resource.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Long Term Occasional Teacher means an Occasional Teacher who is employed for more than ten (10) consecutive instructional days as a replacement for one teacher.

  • Initial Term Facility means the Initial Term Loan Commitment and the Initial Term Loans made hereunder.

  • Additional Term Loan has the meaning specified in Section 2.01(c).

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

  • Short-term rental means the provision of a room or space that is suitable or intended for occupancy for dwelling, sleeping, or lodging purposes, for a period of fewer than 30 consecutive days, in exchange for a charge for the occupancy.

  • Renewal Notice As defined in Section 1.4(a).

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

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

  • Initial Term Loans means the term loans made by the Initial Term Lenders to the Borrower pursuant to Section 2.01(a)(i).

  • Non-Renewal shall have the meaning set forth in Paragraph 2(b) hereof.

  • Notice of Termination for Good Reason shall have the meaning set forth in Section 1(t).

  • medium term expenditure framework ’ means a budgeting framework applied by the National Treasury which—

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

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

  • Termination Assistance Period means the period commencing upon the expiration or termination of this Agreement and each Statement of Work and expiring six (6) months thereafter, as such period may be extended by the Parties.

  • 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;

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 and/or 9.02(c)(i).

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

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection. To qualify for such adjustment, Purchaser shall give written notice of the lost time not later than 30 days after end of Normal Operating Season in which time was lost and at least 10 days before Termination Date. Contracting Officer shall make prompt written acknowledgment of such notice, indicating concurrence with the number of days in the notice or the number of days Forest Service considers as qualifying for the adjustment. Lost portions of days shall be disregarded in computing time lost. The three circumstances qualifying for a Contract Term Adjustment are:

  • Extended Term Loans has the meaning specified in Section 2.15(a).