First Additional Term definition

First Additional Term shall have the meaning set forth in Article 3.3.
Sample 1Sample 2Sample 3
First Additional Term. Six percent (6%) Second additional term Six and one-half percent (6.5%) Third additional term: Seven percent (7%) Fourth additional term: Seven and one-half percent (7.5%) Fifth additional term: Eight percent (8%) Royalties would be increased by one-half percent (1/2%) should any release reach gold sales status and an additional increase of one-half percent (1/2%) for a total of one percent (1%) should any release reach platinum sales status.
Sample 1
First Additional Term has the meaning ascribed to it in Section 21.2.
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Examples of First Additional Term in a sentence

  • The License Fee for the Term and any Additional Terms is set forth below Initial Term: $ per year First Additional Term: $ per year Second Additional Term: $ per year Third Additional Term: $ per year Fourth Additional Term: $ per yearAll of Licensee’s monetary obligations set forth in this Agreement are conditioned upon Licensee’s receipt of an accurate and executed W-9 Form from Licensor.

  • As used in this Lease, the “Term” means, collectively, the Initial Term, the First Additional Term (if applicable) and the Second Additional Term (if applicable).

  • After the Initial Term, the Agreement shall be extended for two additional one-year terms (the "First Additional Term" and the "Second Additional Term," respectively), unless the Executive provides written notice of election not to renew at least 45 days before the commencement of the First Additional Term and the Second Additional Term, respectively.

  • The First Additional Term Annual Base Rent shall be payable in equal monthly installments in advance on or before the first day of each calendar month during the First Additional Term.

  • For U.S. federal income tax purposes, the Borrower, any First Additional Term B Lender and the Administrative Agent agree to treat the First Additional Term Loans as a “qualified reopening” (within the meaning of Treasury Regulations section 1.1275-2(k)) of, and fungible with, the Initial Term Loans.

  • The proceeds of the First Additional Term Loans will be used for general corporate purposes.

  • The Borrowers will use the proceeds of (a) the Term Loans made on the Effective Date to finance the Transactions and pay Transaction Costs, (b) the Revolving Loans and Swingline Loans on the Effective Date to pay a portion of the Transaction Costs and after the Effective Date for general corporate purposes (including any purpose not prohibited by this Agreement) and (c) the First Additional Term Loans made on the First Incremental Term Facility Amendment Effective Date for general corporate purposes.

  • Each of the First Additional Term Loans, the Second Additional Term Loans and the Third Additional Term Loans shall constitute an increase to the class of Loans then outstanding.

  • The Oxygen Organizational Documents are in full force and effect and Oxygen is not in violation of any of their provisions.

  • Anyone who has not responded within 1 week will be contacted personally by e-mail, telephone, or both.


More Definitions of First Additional Term

First Additional Term is defined in Section 8.1.2 of this Agreement.
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First Additional Term. As defined in Section 2.1(a) hereof.
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First Additional Term shall have the meaning set forth in Section 14.1.
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Related to First Additional Term

  • Additional Term shall have the meaning set forth in Section 8.2.

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

  • Original Term shall have the meaning specified in Section 10 hereof.

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

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

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

  • Additional Terms means any additional terms agreed in writing amending, varying or agreeing additions to these Terms;

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

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

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

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

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

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

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

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • 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.

  • 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 September 15, 2016 (“Expiration Date”).”

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

  • 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;

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Extended Period As defined in Section 9.04(b).

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

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

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

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.