Purchase Term definition

Purchase Term means, with respect to any Purchased Asset and any date of determination, the applicable period from the Purchase Date for such Purchased Asset to such date of determination.

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Purchase Term means the period of time beginning on the Closing Date and ending three years from the Closing Date.

Purchase Term means the period of a power purchase agreement during which the qualifying facility is selling its output to the public utility.

Examples of Purchase Term in a sentence

• In the event of expiry or termination of the Purchase Term: [Insert the general arrangements on expiry or termination.

• The Purchase Term shall be from [insert relevant time period] (the “Start Date”) to [insert relevant time period] (the “End Date”), or the date on which the Contract is terminated in accordance with its terms, if earlier (inclusive).

• The Authority [may terminate the Purchase Term at will on [•] days’ written notice to the Supplier /may not terminate the Purchase Term at will].

• In addition to the requirements of Paragraph 7 below, in the event that the Authority terminates the Purchase Term at will: The Authority shall: [insert the obligations for the Authority of terminating the supply of the Core Equipment and the Consumables at will (without a default by the Supplier).

• The [Authority OR Supplier] shall bear the risk of loss or damage to the Core Equipment from the date of Acceptance for the Purchase Term.

More Definitions of Purchase Term

Purchase Term means the five (5) year period that begins on the date the first order for Products is shipped after the date first appearing above. In the event that neither party gives the other written notice six (6) months prior to the end of the initial five (5) year Purchase Term, the Agreement shall automatically be extended so that after the end of the initial Purchase Term the Agreement may be terminated only upon six (6) months prior written notice by Lannett or _______ to the other.

Purchase Term means the term length during which Customer will receive the Bluecore Services through Customer’s purchase in the Marketplace, or a time period as otherwise agreed upon in the Marketplace. The allotted number of Clicks and the associated pricing will be determined within the quoting tool in the Marketplace. Bluecore Campaign Builder provides Customer the ability to send batched, personalized email campaigns to targeted audience segments based on selection criteria provided by Customer, as well as triggered email sends that react to user behaviors and catalog changes (“Triggered Email Sends”). Triggers for Triggered Email Sends include without limitation: ● Cart Abandonment ● Product Abandonment ● Search Abandonment ● Price Decrease ● New Arrivals ● Post Purchase

Purchase Term means, with respect to each state, the Standard Account Closure Period or the Extended Account Closure Period, as applicable, in each case as such terms are defined in Exhibit A to the Pledge and Security Agreement.

Purchase Term means the five (5) year ------------- period that begins on the date the first order for Product is shipped after the Approval Date.

Purchase Term means the period beginning with the Commencement Date and continuing until terminated as provided in Article IV.

Purchase Term means the three (3) year period that begins on the date the first order for Products is shipped after the date first appearing above. In the event that neither party gives the other written notice six (6) months prior to the end of the initial three (3) year Purchase Term, the Agreement shall automatically be extended so that after the end of the initial Purchase Term the Agreement may be terminated only upon six (6) months prior written notice by Lannett or Novopharm to the other. In the event that the market does not support the agreement either party may cancel the agreement by giving the other party one hundred and eighty (180) days written notice.

Purchase Term means the twelve (12) month period during which Customer will receive the Bluecore Services through Customer’s purchase in the Marketplace, or a time period as otherwise agreed upon in the Marketplace. The allotted number of Clicks and the associated pricing will be determined within the quoting tool in the Marketplace.