Initial Order Term definition

Initial Order Term means the initial term as outlined in any Order.
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Initial Order Term means the Contract Term stated on the first Order Form for the purchase of the Services by End User.
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Initial Order Term means, with respect to an Order, the period commencing on the Order Effective Date set forth on such Order and ending on the date that is the number of months set forth as the Duration of Initial Order Term on such Order after the Order Effective Date, except that, in the case of any Customer that has reached the end of a Trial Period without cancelling the applicable Trial Order, the Initial Order Term shall commence on the first day after the last day of the Trial Period and shall continue until the date that is twelve (12) months thereafter.
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Examples of Initial Order Term in a sentence

  • Upon expiration of the Initial Order Term, the applicable Service Order shall automatically renew for successive one-month terms (each a “Renewal Order Term”, collectively with the Initial Order Term, the “Order Term”), unless either Spectrum or Customer elects to not renew the Service Order by notice provided to the other at least thirty (30) days in advance of the expiration of the then-current Order Term.

  • If no Initial Order Term is specified in a Service Order, the Initial Order Term is twelve (12) months from the Billing Start Date.

  • Vyve shall have the right to increase Service Charges for each Service after the Initial Order Term for such Service upon thirty (30) days written notice to Customer.

  • Unless otherwise mutually agreed by the Parties, following the Initial Order Term, the Order shall automatically renew for successive twelve (12) month periods (each, a “Renewal Order Term” and together with the Initial Order Term, the “Order Term”), unless either Party gives the other Party written notice of its intent not to renew at least sixty (60) days prior to the expiration of the then-current term.

  • Each order will automatically renew at the end of the Initial Order Term unless terminated by a Party in accordance with the provisions in this Section 5 (the Initial Order Term and any renewal period, the “Order Term”).

  • After the Initial Order Term has expired, this Agreement and the applicable Order may be terminated by either Party, for any reason, without cause, by providing sixty (60) days’ written notice of such intent to terminate to the other Party.

  • This Agreement or any Order may not be terminated by Client during the Initial Order Term.

  • This approximation has been tested by computer simulations, and found to work well up to velocities v ≃ 0.4 [4].Expressing the motion of solitons in terms of a drift of a projection of the field onto the moduli space of static configurations suggests a similar approach when λ ƒ= 0, λ small.

  • Orders for MMb, FDS3, and DS3 Sprint IP Dedicated ports will be accepted subject to availability and require a minimum Initial Order Term of 1 year.

  • The initial term for the Services ("Initial Order Term") will be stated on the ordering activity’s purchase order (“Order”) and will begin on the date services are installed and available for the ordering activity’s use.


More Definitions of Initial Order Term

Initial Order Term means in the term specified in an Order; Insolvency Event means, in relation to a Party:
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Related to Initial Order Term

  • Initial Order means, collectively, in respect of the Bloom Lake CCAA Parties, the Bloom Lake Initial Order, and in respect of the Wabush CCAA Parties, the Wabush Initial Order;

  • Initial Order From means the first and mandatory Order Form that is signed as outlined in the Solution Exhibit. The Initial Order Form is allocated to the Provider and not to a Customer.

  • Order Term means the period of time starting on the Services Start Date for the Services and continuing for the period indicated on the Order Form unless terminated in accordance with the Agreement.

  • Reverse Sequential Order means (a) first, to the reduction of the Note Principal Balance of each B Note, on a Pro Rata and Pari Passu Basis, until the Note Principal Balance of each such Note is reduced to zero; and (b) second, to the reduction of the Note Principal Balance of each of A Note, on a Pro Rata and Pari Passu Basis, until the Note Principal Balance of each such Note is reduced to zero.

  • Purchase and Sale Termination Date has the meaning set forth in Section 1.4 of the Sale Agreement.

  • Sequential Order means (a) first, to the reduction of the Note Principal Balance of each of the A Notes and all interest thereon, on a Pro Rata and Pari Passu Basis, until the Note Principal Balance of each such Note is reduced to zero and (b) second, to the reduction of the Note Principal Balance of the B Note until the Note Principal Balance of such Note is reduced to zero.

  • Special order means an order imposing an administrative sanction issued to any party licensed pursuant to this title by the Commissioner that has a stated duration of not more than 12 months. A special order shall be considered a case decision as defined in § 2.2-4001.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Permanent Closure means ceasing operation of all or any part of the facility with the intent that the animal holding area(s) and/or manure storage area(s) will no longer be used for that purpose.

  • Second Closing Date has the meaning set forth in Section 1.3.

  • 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.

  • Container Terminal means any container terminal contemplated in section 6(1)(i);

  • Scheduled Closing Date Has the meaning specified in the NPA.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Additional Closing Date shall have the meaning set forth in Section 2.3.2.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Pre-Closing Period means any taxable period ending on or before the Closing Date.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Revolver Termination Date means the date that is the four (4) year anniversary of the Restatement Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Purchase and Sale Termination Event has the meaning set forth in Section 8.1 of the Sale Agreement.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).