Partnership Term definition
Partnership Term means the period of time specified in the relevant Order, during which Partner is granted authorization by ▇▇▇▇▇ to actively participate in the Partner Program.
Partnership Term has the meaning provided in Section 1.5.
Partnership Term shall have the meaning set forth in Section 2.1(a).
Examples of Partnership Term in a sentence
The Partnership Term will commence upon the Eective Date and continue for the period of time specified in the Sales Order, unless terminated earlier.
The Partnership Fees for each Partnership Term will be invoiced as of the Eective Date.
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.
If no term is specified in the Sales Order, the Partnership Term shall be deemed twelve (12) months.
Sales Orders remain valid until the expiration date specified within unless canceled earlier, irrespective of the expiration of the Partnership Term.
More Definitions of Partnership Term
Partnership Term means the period of time specified in the relevant Order, during which Partner is granted authorization by Wazuh to actively participate in the Partner Program.
Partnership Term. The period of duration of the Partnership, as set forth in Section 2.5.
Partnership Term means the period of time between the date the Partnership becomes effective and the date it ceases to be effective.
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: ▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Phone: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ 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.
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 ▇▇▇▇▇▇▇ Hospital, L.L.C. Territory: ________________
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.
Partnership Term or "Term of the Partnership" shall mean the term of the Partnership as provided in Section 2.5 hereof.