lnitial Term definition

lnitial Term. One (1) Year Effective Date: November 1, 2020 End Date: October 31, 2021 Additional Terms:
Sample 1

Examples of lnitial Term in a sentence

  • The lnitial Term and each subsequent Renewal Term are referred to collectively as the “Term”.

  • Upon the expiration of the lnitial Term, this Agreement shall automatically renew for additional one year terms (each a 'Renewal Term'') unless either Pady notifies the other Party to the contrary at Ieast thidy (30) days before the end of either the Initial Term or a Renewal Term.

  • In the event the Client wishes to exercise its option to terminate under this Section, it shall provide Moody's with written notice, at which time the Order Form shall terminate and Moody's shall refund any fees attributable to the remainder of the lnitial Term.

  • During the lnitial Term, Client shall have a one-tíme option to terminate this Order Form in the event that Moody's enters into an agreement with the Eurosystem Procurement Coordination Office (EPCO) which (a) provides Client with access to the Products and Services named in this Order Form and (b) is expressed as superseding and replacing this Order Form.

  • The lnitial Term and each Renewal Term are collectively the '"Term".

  • The term of this Agreement will commence on O I January 2018 and continue until 31 December 2018 ("lnitial Term").

  • On expiration of the lnitial Term specified in subsection 3.1 above, this Agreement will automatically renew for subsequent one (1) year terms (each a “Renewal Term”) unless either party provides thirty (30) days’ advance written notice to the other that the Company or Executive does not wish to renew the Agreement for subsequent Renewal Term.

  • After the lnitial Term, this Agreement will be automatically renewed for successive one-year terms (each a "Renewal Term"), and the Fees will be increased by the then current standard Elsevier price increase, unless either party gives notice to the other by I August prior to the end ofthe then current term that it does not intend to renew.

  • Upon expiration of the lnitial Term, the term of theAgreement shall continue on a month-to-month basis and may be terminated by either party upon at least thirty (30) days advance written notice to the other.

Related to lnitial Term

  • Initial Term has the meaning set forth in Section 7.1.

  • Renewal Term has the meaning set forth in Section 2.

  • Extended Term shall have the meaning given such term in Section 2.4.

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

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Additional Term shall have the meaning set forth in Section 8.2.

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”

  • Service & Term XOOM Energy Ohio, LLC (“XOOM” or “Company”) agrees to act as your exclusive natural gas supplier and will provide competitive retail natural gas service to you. The Term of this Agreement will begin on the next available meter read date after processing of the request by XOOM and your gas utility, and will continue for the Contract Term as set forth in the accompanying Contract Summary, which is incorporated into this Agreement. Acceptance into the Program:These terms and conditions are subject to your acceptance into the program by both XOOM and your local utility. You will be promptly notified if you are not accepted into the program. Switching fees may apply to you under your local utility’s tariff if you are accepted into the program by both XOOM and your local utility.

  • Extension Term means the time period defined in §2.C.

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

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

  • Minimum Term means the minimum period of service for each Service as shown on the Service Agreement, such period to start on the date on which the relevant Service is first made available to you for use;

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Contract Term means period of performance set forth in the paragraph entitled “Term” contained in Exhibit E.

  • Agreement Term has the meaning set forth in Section 11.1.

  • 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.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Basic Term shall have the meaning specified in Section 2.2 of the Lease.

  • Primary Term is defined in paragraph 4(a) of this Lease.

  • Initial Contract Period means the period from the Commencement Date to the date of expiry set out in clause A2 (Initial Contract Period), or such earlier date of termination or partial termination of the agreement in accordance with the Law or the provisions of the Contract.

  • License Term means the duration of a License as specified in the Order.

  • Renewal Date means the effective date of Renewal. The first Renewal Date shall be the date as specified in the Policy Schedule (which shall not be later than the first anniversary of the Policy Effective Date) and the subsequent Renewal Date(s) shall be the anniversary(ies) of the first Renewal Date. The relevant Renewal Date shall be specified in the notification of Renewal in accordance with Section 3 of Part 4.

  • Services Term means the period during which you are entitled by Red Hat to use, receive access or consume a particular Red Hat Product pursuant to an Order Form or Business Partner order.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).