Initial Commitment Period definition

Initial Commitment Period has the meaning provided in Section 5.2.
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Initial Commitment Period means a period beginning on the date that a contract between a Regulated Provider and a Customer takes effect and ending on a date specified in that contract during which the Customer may be required to pay a charge to terminate the contract;
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Initial Commitment Period means the first three (3) years from the Effective Date. Notwithstanding the preceding sentence, if after the first three (3) years from the Effective Date, RiverRock is continuing to be physically located within CapRock's business premises or if RiverRock continues to use CapRock's data for test purposes, then the Initial Commitment Period shall extend until such time as RiverRock relocates to a business location separate from CapRock's premises and RiverRock discontinues use of CapRock's data for testing purposes.
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Examples of Initial Commitment Period in a sentence

  • On completion of your Initial Commitment Period on the end date set out in your Membership Application Form, your membership will automatically renew for further two week Commitment Periods (“Ongoing Commitment Periods”) unless your membership is terminated in accordance with paragraph 8 or you provide us with notice that you wish for your membership to end on the expiry of the Initial Commitment Period which we must receive at least 3 days prior to the end of your Initial Commitment Period.

  • Notwithstanding Section 2.5 above (Early Termination Charges) or Customer’s VCC Service Commitment Period, Customer may terminate Virtual Contact Center at any time during the first 90 days of the Initial Commitment Period without penalty or further liability beyond charges incurred.

  • Customer’s "Initial Commitment Period" shall begin upon implementation of the Service or within sixty (60) days of the VCC Effective Date, whichever is earlier, and end upon the completion of the initial one-, two-, or three-year Service Commitment Period selected by Customer.

  • Customer will contact Verizon not less than sixty (60) days prior to the expiration of the Initial Commitment Period or any subsequent commitment period to determine whether Virtual Contact Center is to renew for an additional 12-month or longer commitment period.

  • Yes, you may change your membership to another Membership Type as long as you qualify for the new Membership Type and you serve any remaining period of your Initial Commitment Period under that new Membership Type.

  • Your Commitment Periods include an Initial Commitment Period and may also include Ongoing Commitment Periods.

  • If your student status changes you must notify us immediately and we reserve the right to update your Membership Dues, even if you are in your Initial Commitment Period.

  • This may result in an increase to your Membership Dues after the Initial Commitment Period.

  • If your Initial Commitment Period includes a partial fortnightly billing period as provided for in paragraph 4.1(b) above, your Membership Dues for that period will be calculated on a proportional basis according to the number of days remaining in that fortnightly billing period.

  • We reserve the right to change your Membership Dues in line with any government GST rate changes, even if you are in your Initial Commitment Period.


More Definitions of Initial Commitment Period

Initial Commitment Period means the period from the Effective Date to September 30, 1999, as such may be extended from time to time pursuant to SECTION 2.03.
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Related to Initial Commitment Period

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Initial Commitment means, for any Initial Lender, the obligation of such Initial Lender to make an Initial Loan hereunder, up to the principal amount shown on Schedule 1.01(a). The aggregate amount of the Initial Lenders’ Initial Commitments as of the Closing Date is $150,000,000.

  • Revolving Commitment Termination Date means the earliest to occur of (i) the fifth anniversary of the Closing Date, (ii) the date the Revolving Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, and (iii) the date of the termination of the Revolving Commitments pursuant to Section 8.1.

  • Revolving Loan Commitment Termination Date means the earliest of

  • Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.