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

Examples of Original Term in a sentence

  • The Original Term shall be automatically renewed for successive one-year terms (the "Renewal Terms") unless at least 180 days prior to the expiration of the Original Term or any Renewal Term, either Party notifies the other Party in writing that he/she or it is electing to terminate this Agreement at the expiration of the then current Term.

  • The term of this Agreement shall commence on the date of this Agreement (the "Effective Date") and end on the third anniversary of such date (the "Original Term").


More Definitions of Original Term

Original Term shall have the meaning set forth in Section 2 below.
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 set forth in Section 13.1.
Original Term shall have the meaning specified in paragraph 12 hereof.
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.
Original Term means, with respect to any Receivable, the total number of months over which monthly installment payments are due under the related Contract.