Rolling Term definition

Rolling Term means a period of one month commencing at the expiry of the Minimum Period, a Subsequent Period, or a prior such one month period;

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Rolling Term means the ongoing monthly billing after the expiry of the Minimum Service Term as set out in clause

Rolling Term. If you pay a monthly fee for a fixed term contract, any period for which your contract extends under clause 6.2. SERVICES: The usage of our Golf facility. UPFRONT FEE: If you choose to pay in advance for a fixed term contract, the amount payable upfront as your entire membership fee as set out in your membership agreement. WE / US / OUR: GC PI Ltd, t/a GolfCatcher Academy. YOU / YOUR: The named user entering into the contract with GC PI Ltd, t/a GolfCatcher Academy

Examples of Rolling Term in a sentence

• Where we are unable to do so, we may, at our discretion, refund a proportion of the Membership Fees already paid that relate to the period of closure and/or add any closure period onto the end of your Rolling Term or Fixed Term (or, where you have chosen to freeze your Contract, the Extended Term), as appropriate.

• Notwithstanding any other provision herein, the Administrative Agent, the Amendment No. 3 Term Lenders (including each Amendment No. 3 Rolling Term Lender) acknowledge and agree that the Amendment No. 3 Effective Date is February 6, 2025.

• If your Rolling Term Contract starts on a date other than the 1st day of the month, then in accordance with Clause 2.1.2, you will be required to make a pro-rata initial payment for the first part month.

• To the extent that the Final Term B Allocation of any Rolling Term Lender is less than the aggregate principal amount of such Lender's existing Term Loans, DBTCA hereby irrevocably agrees to purchase at par and assume such Existing Term Loans from such Lender without recourse to such Lender (and such Lender hereby irrevocably sells and assigns such Loan to DBTCA) effective on the Amendment and Restatement Effective Date immediately prior to satisfaction of the conditions set forth in Section 5.1 hereof.

• For example, your Fixed Term Contract is for six months and started on 1 January 2020, you must give us notice on 1 June 2020 at the latest, telling us you that you do not wish your Fixed Term Contract to continue on a Rolling Term basis after 30 June 2020.

• Each Amendment No. 2 Rolling Term Lender (as defined in Amendment No. 2) agrees that upon the Amendment No. 2 Effective Date, all (or such lesser amount as the Administrative Agent may allocate to such Lender) of its Existing Amendment No. 1 Term Loans shall be converted to Amendment No. 2 Term Loans, and the outstanding principal amount of such converted Existing Amendment No. 1 Term Loans shall be deemed repaid in full on the Amendment No. 2 Effective Date.

• Memberships with a Rolling Term may be cancelled in accordance with Clause 7.5.

• For example, your Fixed Term Contract is for six months and started on 1 January 2020, you must give us notice on 1 April 2020 at the latest, telling us you that you do not wish your Fixed Term Contract to continue on a Rolling Term basis after 30 June 2020.

More Definitions of Rolling Term

Rolling Term refers to the open-ended continuation of the contract after the Settling-In Period.