Lease Suspension Period definition

Lease Suspension Period means the period from the Date of start of Lease Suspension up to and including the Date of Lease Resumption during which period the Vessel is disconnected from the mooring system and has left the Location for repair and lifetime extension and in order to operate on the Xijiang oil field under a separate contract between Contractor and ConocoPhillips China Inc.
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Examples of Lease Suspension Period in a sentence

  • Daily Hire Rate shall read now: "Daily Hire Rate means the rate that Contractor shall be paid in accordance with items 5 or 8 in Exhibit B—Compensation." "Date of start of Lease Suspension" means the date the Vessel is leaving the Location for Lease Suspension Period.

Related to Lease Suspension Period

  • Shelf Suspension Period See Section 3(a) hereof.

  • Suspension Period shall have the meaning assigned thereto in Section 2(b).

  • Concession Period means the period starting on and from the Appointed Date and ending on the Transfer Date;

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • Second Extension Period means the period commencing on the day following the First Extended Scheduled Maturity Date and ending on the Second Extended Scheduled Maturity Date.

  • Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).

  • Extension Period has the meaning specified in Section 3.12.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Exclusion period shall have the meaning set forth in Section 3(q) below.

  • Covenant Suspension Event has the meaning assigned to such term in Section 4.19.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

  • Grace Period Extension Date means, if:

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Suspension Date has the meaning set forth in Section 4.18(a).

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • End of Suspension Notice has the meaning set forth in Section 1(f)(ii).

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.