Local Initial Term definition

Local Initial Term means, with respect to a Local Agreement, the period commencing on the Local Effective Date and ending three (3) years after the Local ICA sells its first Insurance Product that includes MMR Account access.

Related to Local Initial Term

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

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

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

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

  • Research Term has the meaning set forth in Section 3.2.

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

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

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Order Form Term means the duration of an Order Form.

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

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

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

  • 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.

  • Research Program Term has the meaning set forth in Section 2.2.

  • Licence Term means the Initial Term plus any Further Term; Licensee means You and/or the Permitted Users;

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • 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.

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

  • Collaboration Term has the meaning set forth in Section 2.1(h).

  • 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.

  • 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).

  • Commercial Terms means this Agreement excluding the Purchase Order;

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

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