Initial Renewal Term definition

Initial Renewal Term has the meaning given to it in Section 10.1.

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Initial Renewal Term has the meaning given to such term in Section 27.1.

Initial Renewal Term means the first 7 year term immediately after the Initial Term. The Initial Term, the Initial Renewal Term and any Renewal Term(s) shall be collectively referred to as the “Term”.

Examples of Initial Renewal Term in a sentence

Upon completion of the Initial Renewal Term, this Agreement shall thereafter automatically renew for additional 12 month periods (each, a "Subsequent Renewal Term"), unless sooner terminated in accordance with this Agreement or written notice is given by one party to the other at least 90 days prior to the expiration of the Initial Renewal Term or any Subsequent Renewal Term, as applicable.
The Initial Term, Initial Renewal Term and any Subsequent Renewal Term are herein collectively referred to as the "Employment Period." Where the context permits, all references to the Company shall include an affiliate of the Company by which the Executive is employed.
The Initial Renewal Term and each "Renewal Term" (as defined in this SECTION 2(a)) shall be renewed for successive one (1)-year periods (each, a "RENEWAL TERM") if at least three (3) months prior to the expiration of the Initial Renewal Term or a Renewal Term, as the case may be, either party hereto shall not have given the other party written notice not to renew this Agreement.
The Initial Renewal Term and any subsequent Renewal Term are collectively referred to herein as the “Term”.
Following expiration of the Initial Term, the Agreement shall be renewed for a one (1)-year period (the "Initial Renewal Term") if at least one (1) month prior to the expiration of the Initial Term either party hereto shall not have given the other party written notice not to renew this Agreement.
The Initial Renewal Term and each "Renewal Term" (as defined in this Section 2) shall be renewed for successive one (1)-year periods (each, a "Renewal Term," the Initial Term, the Initial Renewal Term, if any, and each Renewal, if any, collectively, the "Term") if at least one (1) month prior to the expiration of the Initial Renewal Term or a Renewal Term, as the case may be, either party hereto shall not have given the other party written notice of its intention not to renew this Agreement.
The Service Term on the Satellite may be extended at EchoStar’s option (the “EchoStar Renewal Option”) for the Initial Renewal Term in the event that prior to the expiration of the Initial Renewal Option Deadline, Customer did not exercise the Customer Initial Renewal Option and ***, provided that, at the time of the EchoStar Renewal Option, EchoStar is in full compliance with its obligations under this Agreement.
The Initial Term, together with any Initial Renewal Term and all Renewal Terms, if any, is referred to herein as the "Term." Nothing in this Agreement shall be construed to require either party hereto to renew this Agreement and either party hereto has the sole discretion not to renew this Agreement.
The Agreement shall renew automatically without further action of the parties for successive one (1) year terms (each a “Renewal Term”) unless either party provides notice of termination at least one hundred eighty (180) days prior to the expiration of the Initial Renewal Term or current Renewal Term, as the case may be.
The date on which the Employment Period is scheduled to expire, ------------ whether at the end of the Initial Term, the Initial Renewal Term or a Subsequent Renewal Term, if any, is called the "Scheduled Expiration Date" herein.

More Definitions of Initial Renewal Term

Initial Renewal Term has the meaning specified in Section 3.2 (BWS Renewal Options).

Initial Renewal Term shall begin on the 26th Amendment Effective Date and end upon the completion of twenty-four (24) months. Upon the expiration of the Initial Renewal Term, the Agreement is automatically extended on a month to month basis (“Extended Renewal Term”) until either party terminates upon 60 days prior written notice. The Agreement may be superseded at any time by a new agreement between authorized parties which expressly indicates it supersedes the Agreement. If Customer purchases any service after the expiration of the Term, Customer shall pay Company’s standard rates for those services, as set forth in the Guide or Tariffs.

Initial Renewal Term. The "Initial Renewal Term" shall begin on the 26th Amendment Effective Date and end upon the completion of twenty-four (24) months. Upon expiration of the Initial Renewal Term, the Agreement will be automatically extended by a period of three (3) months (“Three Month Extension”). Following the expiration of Three Month Extension the Agreement is automatically extended on a month-to-month basis ("Extended Renewal Term") until either party terminates upon 60 days' prior written notice. This Agreement may be superseded at any time by a new agreement between authorized parties which expressly indicates it supersedes this Agreement. If Customer purchases any services after the expiration of the Term, Customer shall pay Company's standard rates for those services, as set forth in the Guide or Tariffs. The terms of this Agreement will continue to apply during any service-specific commitments that extend beyond the Term. "Term" means the Initial Renewal Term, Three Month Extension and the Extended Renewal Term.