Extension of Initial Contract Period definition

Extension of Initial Contract Period means the extension of the Initial Contract Period by mutual agreement of the Parties as provided for in clause 6.1, or the tacit extension of the Contract Period provided for in clause 2.6 Group means in relation to a company, that company, any subsidiary or holding company from time to time of that company and any subsidiary from time to time of a holding company of that company. Initial Contract Period means the fixed initial Contract Period set out in the Agreed Order or the default period of five (5) years starting on the Commencement Date or on the Commencement Date of Support Services, if later. Intellectual Property rights or IPRs means all patents, rights to inventions, copyright and related rights, industrial property rights, trade marks and service marks, business names and domain names, rights in designs, rights in computer software, database rights, rights to use, and protect the confidentiality of, confidential information (including know-how and trade secrets), any rights in any discovery, invention or process, and applications for and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world.
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Extension of Initial Contract Period means the extension of the Initial Contract Period by mutual agreement of the Parties as provided for in clause 6.1, or the tacit extension of the Contract Period provided for in clause 2.6 Group means in relation to a company, that company, any subsidiary or holding company from time to time of that company and any subsidiary from time to time of a holding company of that company. Initial Contract Period means the fixed initial Contract Period set out in the Agreed Order or the default period of five (5) years starting on the Commencement Date. Intellectual Property rights means all patents, rights to inventions, copyright and related rights, industrial property rights, trade marks and service marks, business names and domain or IPRs names, rights in designs, rights in computer software, database rights, rights to use, and protect the confidentiality of, confidential information (including know- how and trade secrets), any rights in any discovery, invention or process, and applications for and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world.
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Examples of Extension of Initial Contract Period in a sentence

  • C4.1 Subject to the Pricing Schedule and the provision in clause F6 (Variation), the Contract Price shall apply for the Initial Contract Period and following an extension pursuant to clause F8 (Extension of Initial Contract Period), to the date of expiry of the extended period, or such earlier date of termination or partial termination of the agreement in accordance with the Law or the provisions of the Contract.

  • In the event that the Authority agrees to extend the Initial Contract Period pursuant to clause F8 (Extension of Initial Contract Period), the Authority may, where applicable, in the six (6) Month period prior to the expiry of the Initial Contract Period, enter into good faith negotiations with the Contractor (for a period of not more than thirty (30) Working Days) to agree a variation in the Contract Price.

  • In the event that the Client agrees to extend the Initial Contract Period pursuant to clause F8 (Extension of Initial Contract Period) the Client shall, in the 6 month period prior to the expiry of the Initial Contract Period, enter into good faith negotiations with the Contractor (for a period of not more than 30 Working Days) to agree a variation in the Contract Price.

  • A4.1 The Contract shall take effect on the Commencement Date and shall expire automatically at midnight on the date set out in the Form of Contract, unless it is otherwise terminated in accordance with the provisions of the Contract, or otherwise lawfully terminated, or extended under clause F8 (Extension of Initial Contract Period).

  • F1 Failure to meet requirements F2 Monitoring of Contract Performance F3 Remedies in the event of inadequate performance or failure to perform F4 Transfer and Sub-Contracting F5 Waiver F6 Variation F7 Severability F8 Extension of Initial Contract Period F9 Remedies Cumulative F10 Entire Agreement F11 Counterparts G.

  • A2 Initial Contract Period The Contract shall take effect on the Commencement Date and shall expire automatically on [ TextReq Date], unless it is otherwise terminated in accordance with the provisions of the Contract, or otherwise lawfully terminated, or extended under clause F8 (Extension of Initial Contract Period).

  • E6 Extension of Initial Contract Period E6.1 This Contract contains the option to extend for a further period of up to 1 (one) year subject to the agreement of both parties.

  • The Contract shall take effect on the Commencement Date and shall expire automatically on [……… 20--], unless it is otherwise terminated in accordance with the provisions of the Contract, or otherwise lawfully terminated, or extended under clause F8 (Extension of Initial Contract Period).

  • A.2.1The Contract shall take effect on the Commencement Date and shall expire automatically Three Years (3) after the commencement date on 15th September 2016, unless it is otherwise terminated in accordance with the provisions of the Contract, or otherwise lawfully terminated, or extended under Clause E6 (Extension of Initial Contract Period).

  • Extension of Initial Contract Period Subject to clause 13 (Price Adjustment on Extension of the Initial Contract Period), the Authority may, by giving written notice to the Contractor not less than three (3) Month(s) prior to the last day of the Initial Contract Period, extend the Contract for such further period as may be specified in the notice.

Related to Extension of Initial Contract Period

  • 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.

  • Extension Period has the meaning specified in Section 3.12.

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

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

  • Resolution Extension Period As defined in Section 2.03(b).

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.

  • Debt service extension base means an amount equal to that

  • 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;

  • Contract Period means the period from the Commencement Date to:

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

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

  • Second Extension Period means the period commencing on the day following the First Extended Scheduled Maturity Date and ending on the Second Extended Scheduled Maturity Date.

  • Aggregate extension base means the taxing district's

  • Extension Request means any Term Loan Extension Request or a Revolver Extension Request, as the case may be.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

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

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Project Period means the period es- tablished in the award document dur- ing which Federal sponsorship begins and ends.

  • Extension Date has the meaning specified in Section 2.19(b).

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

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any New Term Loans which shall be consistent with the applicable provisions of this Agreement relating to New Term Loans otherwise satisfactory to the Agent and the Borrower.

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Grace Period Extension Date means, if:

  • Extension Effective Date has the meaning assigned to such term in Section 2.22(a).