Nominal Term definition

Nominal Term means the same as defined in the Act.
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Nominal Term is the nominal duration of this Agreement as defined in clause 1.4 “Date and Period of Operation” of this Agreement.
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Nominal Term means the period from the Operative date until 1 July 2026. Operative Date means 7 days after this Agreement has been approved by the FWC.
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Examples of Nominal Term in a sentence

  • In connection with each conversion to a Term Mode, the Nominal Term Rate Period shall be selected by the Borrower and designated in such notice.

  • A Term Mode based on one Nominal Term Rate Period and a Term Mode based on another Nominal Term Rate Period are different Rate Modes.

  • The Agreement will operate from the Commencement Date and will reach its nominal expiry date on 15 September 2020 (Nominal Term).

  • Upon conversion to a Term Mode, a Nominal Term Rate Period shall be fixed by the Borrower pursuant to Section 2.05 as a term of two or more consecutive Semiannual Periods constituting the nominal length of each Term Rate Period thereafter until the date of a conversion to another Rate Mode.

  • Upon conversion to a Term Mode, a Nominal Term Rate Period shall be fixed by the Borrower as a term of two or more consecutive Semiannual Periods constituting the nominal length of each Term Rate Period thereafter until the date of a conversion to another Rate Mode.

  • Not less than three (3) months prior to the expiration of the Nominal Term of this Agreement, the parties will review its operation and discuss any changes deemed necessary.

  • Upon conversion to a Term Mode, a Nominal Term Rate Period shall be fixed by the Corporation pursuant to Section 2.06 as a term of two or more consecutive Semiannual Periods constituting the nominal length of each Term Rate Period thereafter until the date of a conversion to another Rate Mode.

  • This agreement shall take effect from the beginning of the first pay period to commence on the date it is lodged with the Office of the Employment Advocate and shall remain in force until 12 July 2009 ("the Nominal Term").

  • This Agreement is in full and final settlement of all claims during the Nominal Term.

  • A Term Mode based on one Nominal Term Rate Period and a Term Mode based on another Nominal Term Rate Period are different Term Modes.