Partnership Term definition

Partnership Term means the period of time specified in the relevant Order, during which Partner is granted authorization by Xxxxx to actively participate in the Partner Program.
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Partnership Term has the meaning provided in Section 1.5.
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Partnership Term. The period of duration of the Partnership, as set forth in Section 2.5.
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Examples of Partnership Term in a sentence

  • First notice will be delivered to Partner at least ninety (90) days prior to the Expiration Date of each Partnership Term.

  • The Partnership Fees for each Partnership Term will be invoiced as of the Eective Date.

  • Unless expressly stated otherwise by Partner, the Partnership Term shall be renewed automatically for successive Terms which will be equal to the duration of the then expiring Term and, in no case, less than twelve (12) months.

  • Once Partner achieves the customer threshold for a particular Tier, the corresponding discount rate becomes eective for all Sales Orders prepared by Xxxxx in relation to the Oerings or the renewal of a Partnership Term.

  • If Partner complies at all times with the Program Terms, Wazuh grants Partner a limited, non-exclusive, non-transferable license to access and use the Products (including the applicable Wazuh Content) in the Territory during the applicable Partnership Term in accordance with the Documentation solely as part of the Packaged Oering on behalf of each MSP Customer for such MSP Customer’s own internal information security purposes.

  • By signing a Sales Order Partner accepts the Partner Program Terms, the fees related to the Partnership (Partnership Fees), the Partnership Term, the payment terms, and any other special terms established therein, as well as the agreements referenced in such Sales Order.

  • Sales Orders remain valid until the expiration date specified within unless canceled earlier, irrespective of the expiration of the Partnership Term.

  • Partner may, during the Partnership Term install the Software Components on MSP Customers’ Endpoints solely for MSP Customers’ internal information security purposes up to the quantity in the applicable Order.


More Definitions of Partnership Term

Partnership Term shall have the meaning set forth in Section 2.1(a).
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Partnership Term means the period of time between the date the Partnership becomes effective and the date it ceases to be effective.
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Partnership Term. A permanent partnership shall remain in effect as long as CRYO-CELL International, Inc., and/or any successor, continue to store cellular specimens commercially. Lifespan Site: HNMC, Inc. (DBA Houston Northwest Medical Center) Territory: ____________________ Lifespan Director: _____________________________________________ Unit No: ______________________ Partner's entitlement is one-half of CRYO-CELL's 75% share of the collected annual cellular storage fees generated from one-third of the storage in the above unit. Partner will receive their entitlement within 30 days (thirty days) following the end of the quarter in which CRYO-CELL received the revenues. SINGLE UNIT REVENUE SHARING PARTNER Name: HNMC, Inc. (DBA Houston Northwest Medical Center) Address: 000 XX 0000 Xxxx, Xxxxxxx, XX 00000 Phone: (000) 000-0000 Fax: (000) 000-0000 TERMS OF SINGLE UNIT REVENUE SHARING PARTNERSHIP ($333,333) $_____________ non-refundable deposit Balance of $ ___________ due within 30 days of the signing of this agreement From a portion of their entitlement, Partner will equally bear the cost of billing and collection of annual storage fees on one-third of the storage in the above unit. In addition, they agree to pay one-sixth of the cost of the extended annual warranty fee of $7,500.00. In no instance will Partner be ever called on for an additional cash infusion. CRYO-CELL agrees not to offer Partnerships for any new units in the above territory until the unit identified above has generated a minimum of 33,000 "paid for" half-spaces at $50.00 (or more) per year, so as not to negatively impact Partner's entitlement.
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Partnership Term. A permanent partnership shall remain in effect as long as CRYO-CELL International, Inc., and/or any successor, continue to store cellular specimens commercially. Lifespan Site: Saint Xxxxxxx Hospital, L.L.C. Territory: ________________
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Partnership Term or "Term of the Partnership" shall mean the term of the Partnership as provided in Section 2.5 hereof.
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Partnership Term. The period of duration of the Partnership, as set forth in paragraph 2.6. Preferred Return: An amount calculated at the end of each Fiscal Year equal to 6%, on an annualized basis, of a Partner's capital account from the beginning of the Interim Period immediately following the later of (i) the last Interim Period for which the General Partner received an allocation of Net Profits pursuant to paragraph 4.1(c) with respect to such capital, (ii) the date such capital was contributed to the Partnership (in the event an allocation of Net Profits to the General Partnership pursuant to paragraph 4.1(c) has not been made with respect to such capital) and (iii) the date which is 24 months prior to the date on which the current allocation of Net Profits is made pursuant to paragraph 4.1(c) with respect to such capital. The Preferred Return is adjusted, on a time-weighted basis, for all contributions occurring during a Fiscal Year. In the event an allocation of Net Profits to the General Partner pursuant to paragraph 4.1(c) was not made in the previous Fiscal Year, the Preferred Return in the current Fiscal Year shall be the same amount as that of the previous Fiscal Year adjusted on a time-weighted basis for any contributions made during the year. The Preferred Return will accrue only on capital which remains in the Partnership until the end of an Interim Period in which an allocation of Net Profits to the General Partner occurs. Securities: Capital stock, preorganization certificates and subscriptions, warrants, bonds, notes, debentures, whether subordinated, convertible or otherwise, trust receipts and other securities of whatever kind or nature of any person, corporation, government or entity whatsoever, whether readily marketable or not, in rights and options relating thereto, including put and call options written by the Partnership or by others.
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Related to Partnership Term

  • Partnership at will means a partnership in which the partners have not agreed to remain partners until the expiration of a definite term or the completion of a particular undertaking.

  • Partnership has the meaning set forth in the Preamble.

  • Initial Limited Partner has the meaning set forth in the Preamble.

  • Limited Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 1, 2017, as amended, supplemented or restated from time to time.

  • Period of Limited Activity means any period of time during which a person is confined in a Hospital or nursing facility or if not confined, unable to carry on the regular and usual activities of a healthy person of the same age and sex.

  • Partnership Minimum Gain has the meaning set forth in Regulations Section 1.704-2(b)(2), and the amount of Partnership Minimum Gain, as well as any net increase or decrease in Partnership Minimum Gain, for a Partnership Year shall be determined in accordance with the rules of Regulations Section 1.704-2(d).

  • Partnership Year means the fiscal year of the Partnership, which shall be the calendar year.

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.

  • Partnership Group means the Partnership and its Subsidiaries treated as a single consolidated entity.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Family or household member means spouses, former spouses, persons related by blood or marriage, persons who are presently residing together as if a family or who have resided together in the past as if a family, and persons who are parents of a child in common regardless of whether they have been married. With the exception of persons who have a child in common, the family or household members must be currently residing or have in the past resided together in the same single dwelling unit.

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • Business Partner means a legal entity that requires use of a training service in connection with Customer’s and its Affiliates’ internal business operations. These may include customers, distributors, service providers and/or suppliers of Customer.

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

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.