Original Term definition

Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

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

Original Term shall have the meaning set forth in Section 2 below.

Examples of Original Term in a sentence

This allows for a total possible term (Total Possible Term) beyond the Contract’s Original Term, as defined in the following paragraph.
Xxxxxx agrees to deliver notice to Lessor of such termination promptly after any decision to non-appropriate is made, but failure to give such notice shall not extend the Scheduled Term beyond such Original Term or then current Renewal Term.
By written agreement of the parties, the term of the Contract may be extended or renewed for additional time beyond the Original Term.
The Total Possible Term of the Contract is a period comprised of the Original Term plus any extensions or renewals that may be agreed to by the parties in writing, but in no event longer than a period of seven (7) consecutive years from the effective date of the Original Term, unless otherwise provided by law.
Should Lessee fail to budget, appropriate or otherwise make available funds to pay Rental Payments following the then current Original Term or Renewal Term, this Agreement shall be deemed terminated at the end of the then current Original Term or Renewal Term.

Original Term means, with respect to a Property Schedule, the period from the Commencement Date until the end of the budget year of Lessee in effect at the Commencement Date.

Original Term is defined in Section 2.1 below.

Original Term shall have the meaning specified in paragraph 12 hereof.

Original Term shall have the meaning set forth in Section 13.1.

Original Term means, with respect to each Lease, the period from the Commencement Date identified in the related Schedule until the end of Lessee’s fiscal year in effect at such Commencement Date.

Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at the Commencement Date, as set forth in Section 3.2.

Original Term means, with respect to each Lease, the period from the Commencement Date identified in the related Schedule until the end of the fiscal year of Lessee in effect at such Commencement Date.