Initial Term definition

Initial Term has the meaning set forth in Section 7.1.

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

Initial Term has the meaning set forth in Section 2.2.

Examples of Initial Term in a sentence

• Either Party may terminate this Agreement after the Initial Term by providing a Notice of Termination at least thirty (30) Days prior to the effective date of such termination.

• Ninety (90) days prior to the end of the Initial Term, or any Renewal Term, the School District shall notify the Contractor in writing as to whether the School District will exercise any option for a Renewal Term.

• Nothing in this Contract requires the School District to exercise its option for a Renewal Term and Contractor has no expectation of a contract beyond the Initial Term, or a Renewal Term if any are exercised.

• Following the Initial Term, the School District shall have the option to extend this Contract by up to two (2) additional years on a year-to-year basis, in its sole discretion (each a “Renewal Term”).

• If neither Party terminates this Agreement as of the last day of the Initial Term, this Agreement shall continue in force and effect on a month-to-month basis unless and until terminated as provided in this Agreement.

More Definitions of Initial Term

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

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

Initial Term has the meaning set forth in Section 4.1.

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 10.1.

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

Initial Term has the meaning set forth in Section 3.01.