Roll Over Term definition

Roll Over Term means if a number is upgraded early, the remaining term of the current Network Contract is rolled over to the new Network Contract.

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Roll Over Term means a term subsequent to the Primary Term set forth in any agreement governed hereby.

Roll Over Term means if a number is upgraded early, the remaining term of the current Network Contract is rolled over to the new Network Contract. Talk Time UK agrees and undertakes: To sell and supply to the Customer the Equipment; and subject to acceptance by Talk Time UK of a satisfactory Sales/Purchase Order and/or Network Contract and subject to availability of stock, to arrange for any such Equipment to be delivered to the Customer. Talk Time UK will use its reasonable endeavours to ensure that all Equipment when delivered is in full working order and performs in accordance with the manufacturer’s description and specification. Any guarantee does not extend to fair wear and tear. Talk Time UK does not guarantee that any software supplied under this Agreement will be error free. If the Customer reports a fault during any guarantee period and Talk Time UK investigates such reported fault and

Examples of Roll Over Term in a sentence

In respect of such Roll Over Term Loans the SME Receivables purchased by the Issuer will comprise all advances outstanding under such Roll Over Term Loan on the relevant Cut-off Date, including, without limitation, all rights and title in respect of the extension of any such advances that would result from a roll-over in accordance with the provisions of the relevant Loan Documents.
If the above condition is not satisfied, Landlord may, at its option, terminate the Lease as of the day preceding the Roll Over Term.
The term of the Lease, exclusive of the Building #3 Space, is hereby extended for the Second Extended Term to commence immediately following the expiration of the Roll Over Term.
Unless Tenant notifies Landlord in writing one (1) year prior to the expiration of the New Extended Term that Tenant does not desire to extend the term of the Lease for the Roll Over Term as defined herein, the Lease and the term thereof shall further be extended for one (1) additional term of five (5) years (the "Roll Over Term") to commence immediately following the expiration of the New Extended Term.
In accordance with the Eligibility Criteria, the sale of SME Receivables by the Seller to the Issuer in relation to an SME Loan that qualifies as a Roll Over Term Loan will only be allowed if the drawing period for new advances under such Roll Over Term Loan has expired (only the extension of existing advances through roll-over in accordance with the Loan Documents still being allowed).
The expiration date of the Lease and the Roll Over Term thereof for the Leased Premises, exclusive of the Building #3 Space shall remain June 30, 2011.
The extension of the term of the Lease for the Roll Over Term as provided herein is subject to Haemonetics Corporation itself or its affiliate, being in full possession of the Leased Premises continuously during the last twelve (12) months of the New Extended Term of the Lease and at the commencement of the Roll Over Term.
Part of the Portfolio purchased on the Closing Date will (or, on an SME Purchase Date, may) consist of SME Loans that on the Closing Date (or, on the relevant SME Purchase Date) qualify as Roll Over Term Loans (see Section 10.2.2(b)) .
On or before each Monthly Sweep Date, the Servicer will with reference to the related Monthly Collection Period report on the advances under the Roll Over Term Loans sold to the Issuer, including information (in particular, amount and term) on (i) the advances as they lapsed during such Monthly Collection Period and (ii) the advances as they were extended following roll-over.
The Issuer has been advised that on the basis of the factual information provided by the Seller as to the mechanics of the Roll Over Term Loans, the better analysis seems to be that the Borrower and the Seller in substance view a Roll Over Term Loan as a term loan with a floating interest (reset upon each roll-over) that is to be amortized over a specific longer term.

More Definitions of Roll Over Term

Roll Over Term means a term of twelve (12) months or that period during which the services have been used beyond the Term (whichever is the greater), which applies following the expiry of a Term as it applies to a Service.