Initial TIC definition

Initial TIC means the TIC for the Terminal Component to apply under this Agreement from the Effective Date or the commencement of a Pricing Period. The Initial TIC for the Terminal Component for the Financial Year commencing on the Effective Date is the amount specified in Schedule 2, clause 2.
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Initial TIC means the TIC for the Terminal Component to apply under this Agreement from the Effective Date or the commencement of a Pricing Period. The Initial TIC for the Terminal Component for the Financial Year commencing on the Effective Date is the amount specified in Schedule 2, clause 2. Law means any law, statute, by-law, regulation, rule, order, ordinance, proclamation, or delegated or subordinated legislation of the Commonwealth or of any State or Territory of Australia or of any local government. Long Term Delays means ongoing, sustained Delays that arise out of physical loss, destruction or damage at the Terminal. Loss means any damage, loss (including loss of reputation), cost, expense, fine, penalty or liability incurred by the person concerned, however it arises and whether it is present or future, fixed or unascertained, actual or contingent.
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Examples of Initial TIC in a sentence

  • The Initial TIC for the Terminal Component for the Financial Year commencing on the Effective Date, being a charge per tonne of Annual Contract Tonnage for the Terminal Component, is $[insert amount agreed between DBCTM and User or determined by the arbitrator in the event the Initial TIC is referred to arbitration under the Access Undertaking].

  • SCHEDULE 1 attached hereto sets forth the undivided percentage tenant in common interest in the Property that is owned (as of the date hereof) by each Initial TIC Borrower.

  • The Initial TIC for the Terminal Component for the Financial Year commencing on the Effective Date, being a charge per tonne of Annual Contract Tonnage for the Terminal Component, is $[insert amount agreed between DBIM and User or determined by the arbitrator in the event the Initial TIC is referred to arbitration under the Access Undertaking].

  • As of the date hereof and prior to giving effort to the Initial TIC Transfers pursuant to Section 5.26.2(a), (i) TIC II LLC owns an undivided 14.4676% tenant-in-common interest in the Property and (ii) TIC I LLC owns an undivided 85.5324% tenant-in-common interest in the Property.

  • In the event the Condominium is not created and the Budget, as defined in the Declaration, is not effective prior to the end of the Initial TIC Budget Year, the provisions of Article V, Section 1 of Schedule G of the Declaration shall govern the Tenancy regarding the establishment of budgets for the Property subsequent to the Initial TIC Budget as if the Declaration was in full force and effect and the Owners owned the Units as contemplated in the Green Contract and Declaration.

  • If on the TIC Transfer Outside Date, after giving effect to the Initial TIC Transfers and the Additional TIC Transfers, TIC II LLC still owns any percentage ownership interest in the Property, then on the TIC Transfer Outside Date, TIC II LLC may transfer any remaining ownership interests in the Property to TIC I LLC.

  • Loan Assumption Agreement; 2002-14 Assumption of TIC Agreement; (currently 35) UCCs; other documentsrequired by Lender --------------------------------------------------------------------------------------------------------------- Cabot - Initial TIC Transfers (Village Shoppes at Settlement Statement; Transfer Creekside) Max permitted Deed; Membership and Loan under Rev.

  • The Initial TIC Budget shall be in effect for the twelve (12) month period commencing on the date hereof (the "Initial TIC Budget Year").

  • Additionally, if on the TIC Transfer Outside Date, after giving effect to the Initial TIC Transfers and the Additional TIC Transfers, TIC II LLC still owns any percentage ownership interest in the Property, then on the TIC Transfer Outside Date, Behringer may transfer all of its membership interests in TIC II LLC to Harvard Fund I and/or Harvard REIT, such that on the TIC Transfer Outside Date, Harvard Fund I and/or Harvard REIT shall own 100% of the membership interests in the TIC II LLC and TIC I LLC.

  • Assumption of TIC Agreement; 2002-14 UCCs; other documentsrequired by (currently 35) Lender --------------------------------------------------------------------------------------------------------------- Triple Net - Initial TIC Transfers (Cypresswood Settlement Statement; Transfer Drive, Mainstreet at Flatiron, Three Resource, Max permitted Deed; Note Modification; Partial Centurty Hills Apts, Retreat at Stonecrest Apts) under Rev.

Related to Initial TIC

  • Initial Transfer Date means the Series Issuance Date for the first Series of Securitization Bonds.

  • Initial Trip Payment means the first payment made to the Insured’s Travel Supplier toward the cost of the Insured’s Trip.

  • Term End Date means [Insert date];

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.