Renewal Periods definition

Renewal Periods means subsequent 12 month periods from the end of the Initial Period or subsequent Renewal Period.

Renewal Periods. The two (2) additional periods of five years each for which Tenant is permitted to extend the Term of this Lease. The Option(s) to Renew terms and conditions are set forth in Exhibit "E" attached hereto.

Renewal Periods for which we shall have exercised the options hereafter provided. We shall have seven (7) separate options, each to extend the Term for a Renewal Period. The Initial Period and each Renewal Period are each hereafter sometimes referred to generally as a "Contract Period." Each Renewal Period is hereafter sometimes referred to respectively in chronological order as the "First Renewal Period," "Second Renewal Period," "Third Renewal Period," "Fourth Renewal Period," "Fifth Renewal Period," "Sixth Renewal Period" and "Seventh Renewal Period." We may exercise each option to extend the Term for a Renewal Period by giving you notice of our election to do so at any time prior to the commencement of the Renewal Period for which our option is exercised;

Examples of Renewal Periods in a sentence

• Renewal Periods - If the option for renewal is exercised by the Division of Facilities Management, Design and Construction, the contractor shall agree that the prices for the renewal period shall not exceed the maximum price for the applicable renewal period stated on the Pricing Page of the contract.

• Renewal Periods - If the option for renewal is exercised by the Division of Facilities Management, Design and Construction the contractor shall agree that the prices for the renewal period shall not exceed the maximum price for the applicable renewal period stated on the Pricing Page of the contract.

• Subsequent Renewal Periods commence upon the expiration of the prior Software Maintenance regardless of when it is purchased.

• Renewal Periods - Adjustment of Renewal Fees for an Extended or Shortened Renewal Period.

• Renewal Periods - If the option for renewal is exercised by the Department, the contractor shall agree that the prices for the renewal period shall not exceed the maximum percent of increase for the applicable renewal period stated on the Pricing Page of the contract.

More Definitions of Renewal Periods

Renewal Periods means the period which follows the end of the Base Period and as to which Lessee and Lessor shall have agreed to renew this Lease pursuant to Section 3(g) hereof.

Renewal Periods has the same meaning set out in clause 7.1;

Renewal Periods means the period(s) described in Clause 12.1;

Renewal Periods means the one or more periods of one (1) year each by which this Agreement may be extended beyond its original term pursuant to Section 9 herein.

Renewal Periods is defined in Section 4.1;

Renewal Periods means, with respect to a Statement of Work, each of the five (5) year renewal periods which can extend the corresponding License Period as provided in Section 2(c) and, with respect to the first Renewal Period and third Renewal Period, the payment by VitalPet of the corresponding Renewal Fee.

Renewal Periods shall have the meaning set forth in Section 31.01.