Examples of Initial Period in a sentence

During the Initial Period, either party may terminate the Agreement if: • the other party passes a resolution, or a Court order is made, that it or its parent company should be wound up, other than for a bona-fide reconstruction or amalgamation, or the other party is unable to pay its debts within the meaning of the Insolvency Act 1986, or any similar event occurs.
The Service shall take effect on the Effective Date, and shall continue for the Initial Period, unless terminated in accordance with Clause 7.
A member shall not be entitled to terminate or suspend his/her membership during the Initial Period.

More Definitions of Initial Period

Initial Period means a period determined by the Management Company not exceeding ninety days during which Units will be offered at the Initial Price in terms of the Offering Document, inclusive of the offering to the Core Investors.

Initial Period shall have the meaning set forth in Section 2.2(a).

Initial Period means a period commencing on the date hereof and ending 365 days following the effective date of the first Resale Shelf Registration Statement (except that, if the shares of Common Stock issuable upon exchange of Exchangeable Common OP Units received in the Formation Transactions are not included in that Resale Shelf Registration Statement as a result of Section 2.4(b), the 365 days shall not begin until the later of the effective date of (i) the first Resale Shelf Registration Statement and (ii) the first Issuer Shelf Registration Statement).

Initial Period has the meaning given to it in paragraph 7.5 of Schedule 9.1 (Financial and Other Consequences of Change);

Initial Period or “Initial Offering Period” means a period determined by the Management Company during which Units will be offered as mentioned in clause 1.7 of this Offering Document. “Initial Price” or “Initial Offer” means the price per Unit on the first day of the Initial Period determined by the Management Company.

Initial Period has the meaning given under Clause 3 (Term of Framework Agreement)

Initial Period means the initial period shown in the Agreement, or if no initial period is shown then the period of 12 months from the Effective Date.