Specified Duration definition
Examples of Specified Duration in a sentence
If “Linear Interpolation” is specified as applicable then the Calculation Agent will determine, based on Linear Interpolation, the Interest Rate for any specified Interest Calculation Period (or if no Interest Calculation Period is specified, each Interest Calculation Period not equal to the Specified Duration).
For the non-competition covenant in Section 7.2 of the Agreement, Specified Duration means the period of time listed below that corresponds to or most closely approximates the job title (as identified in Insight’s records) or job description held by Employee at the time of the breach of the restrictive covenant described in this Agreement or the time of the termination of Employee’s employment with Insight, whichever provides the longer duration.
The Specified Duration is a period of fifteen (15) months following the termination of Employee’s employment, or, if the period of fifteen (15) months is determined by a court of competent jurisdiction or arbitrator to be unreasonably broad or you are employed by Insight in the District of Columbia, Massachusetts, Oregon, or Utah at the time of termination, then a period of twelve (12) months following the termination of Employee’s employment.
The Specified Duration is a period of fifteen (15) months following the termination of Employee’s employment, or, if the period of fifteen months (15) is determined by a court of competent jurisdiction or arbitrator to be unreasonably broad, then a period of twelve (12) months following the termination of Employee’s employment.
If "Linear Interpolation" is specified as applicable then the Calculation Agent will determine, based on Linear Interpolation, the Interest Rate for any specified Interest Calculation Period (or if no Interest Calculation Period is specified, each Interest Calculation Period not equal to the Specified Duration).