Nonrenewal Period definition

Nonrenewal Period means the one-year period commencing on the Nonrenewal Date and ending on the first anniversary of the Nonrenewal Date.

Related to Nonrenewal Period

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

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

  • Nonrenewal Notice Date has the meaning specified in Section 2.03(b)(iii).

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

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

  • Renewal Notice As defined in Section 1.4(a).

  • Nonrenewal means the termination of a term contract at the end of the contract period.

  • Additional Term means that term commencing on the last day of the Basic Term and terminating 5 years thereafter.

  • 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.

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Extended Term shall have the meaning set forth in Section 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.

  • Recapture Period means, with respect to any Project, the period from the date such Project is Placed in Service through the fifth anniversary of such date.

  • 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.

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

  • Optional Termination The termination of the trust created hereunder in connection with the purchase of the Mortgage Loans pursuant to Section 9.01(a) hereof.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Partial Termination has the meaning set forth in the Section 6.3(a).

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

  • Extended Termination Date has the meaning specified in Section 2.16(c).

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

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Renewal Deadline means the third anniversary of the initial effective time of the Registration Statement.