Initial Term definition

Initial Term has the meaning set forth in Section 7.1.

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

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

Examples of Initial Term in a sentence

• After completion of the Initial Term, Orbital Insight reserves the right to increase the fees set forth on the Order Form(s) by 3% no more than once a year and up to 10% in any given year with sixty (60) days notice to the Licensee.

• In the event of termination without cause of an Initial Term or a Renewal Term by School District pursuant to this paragraph, the fees paid by School District shall not be subject to a prorated refund.

• Unless a Party notifies the other Party of its intention not to renew the Services at least sixty (60) days prior the end of the Initial Term or then current term (“Term”), the Services shall automatically renew for subsequent twelve (12) month terms under the same terms and conditions except that the Fees may be adjusted to reflect Aptum’s then current pricing for such Services.

• The Initial Term and any Renewal Term(s) may collectively be referred to as the “Term”.

• Either Party may give written notice to the other Party, not later than two months before the end of the Initial Term or the relevant Extended Term, to terminate this Agreement at the end of the Initial Term or the relevant Extended Term, as the case may be.

More Definitions of Initial Term

Initial Term has the meaning set forth in Section 10.1.

Initial Term has the meaning set forth in Section 2.2.

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

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 4.1.

Initial Term has the meaning set forth in Section 3.01.

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