Initial Term definition

Initial Term has the meaning set forth in Section 7.1.

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Initial Term shall have the meaning set forth in Section 2(b).

Initial Term has the meaning set forth in Section 3.1.

Examples of Initial Term in a sentence

A party can terminate this Agreement at the end of the Initial Term or a Renewal Term by providing written notice of termination to the other party at least 60 days prior to the end of the Initial Term or then-current Renewal Term.
During the Initial Term or a Renewal Term, a party (the “Terminating Party”) may terminate this Agreement against the other party (the “Non-Terminating Party”) for good cause.
If, during the Initial Term or any Renewal Term, a Change of Control Event (as hereinafter defined) occurs, the Administrator shall have the right, for a period of 180 days following the announcement of such Change of Control Event, to terminate this Agreement under Section 8.3.A by delivering written notice of its intent to terminate to Ultimus, and such termination shall be deemed for “good cause”.
Unless either party gives prior written notice of termination at least 90 days prior to the expiration of the Initial Term, this Agreement shall renew for an additional one-year period (the “Renewal Term”), for the period beginning January 1, 2028 and ending December 31, 2028.
Upon the expiration of the Initial Term, this Agreement shall automatically renew for successive terms of one (1) year (“Renewal Terms”) each, unless the Trust or the Administrator provides written notice to the other party of its intent not to renew or unless otherwise terminated as provided herein.

Initial Term means the time period defined in §2.B.

Initial Term is the period commencing on the Effective Date and ending on the Expiration Date designated on the Coversheet.

Initial Term has the meaning set forth in Section 2.2.

Initial Term has the meaning set forth in Section 10.1.

Initial Term shall have the meaning set forth in Section 9.1.

Initial Term means the time period defined in §2.B

Initial Term shall have the meaning set forth in Section 3.1.