Specified Term definition

Specified Term. ’, in relation to a policy, means, subject to subsection (3), a period after which moneys become payable under the policy

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Specified Term has the meaning set forth in Section 4.3.

Specified Term means, on a country by country basis, ten (10) years from the First Commercial Sale of the Licensed Product in such country of the Licensed Territory.

Examples of Specified Term in a sentence

• Employer has the right to terminate this Agreement at any time during the Specified Term hereof for “Employer’s Good Cause” (defined below in Section 22).

• Employer has the right to terminate this Agreement on written notice to Employee in its sole discretion for any cause Employer deems sufficient or for no cause, at any time during the Specified Term, including on the last day of the Specified Term.

• If during the Specified Term Employee becomes an employee of another employer affiliated with the “Company” (defined below in Section 22) Employee’s employment with the Employer shall terminate as of the date Employee commences such other employment, and pursuant to Section 19 Employee’s new Company-affiliated employer shall assume all rights and obligations of Employer under this Agreement.

• Employee agrees to notify Employer immediately of any employers for whom Employee works or provides services (whether or not for remuneration to Employee or a third party) during the Specified Term or within the Restrictive Period.

• Unless a new written employment agreement is executed by the parties, upon the expiration of the Specified Term, all terms and conditions of this Agreement will continue, except that the new Specified Term of the Agreement shall be three (3) months, which shall renew for successive three (3) month periods on each successive three (3) month anniversary, if the Agreement is not otherwise terminated pursuant to its terms.

More Definitions of Specified Term

Specified Term means each of the following:

Specified Term. The term of this Agreement shall run through May 31, 2000, and then automatically terminate on its own accord."

Specified Term has the meaning set forth in Section 4.3 “Subsidiary” means, with respect to any Person, any entity of which securities or other ownership interests having ordinary voting power to elect a majority of the board of directors or other persons performing similar functions are at the applicable time directly or indirectly owned or controlled by such Person. “Term” has the meaning set forth in Section 7.1 “Transition Period” has the meaning set forth in the MSA. “Work Request” has the meaning set forth in the MBESA.

Specified Term means the period in respect of which LIBOR falls to be determined.

Specified Term means the period of either 3 or 4 years from the Commencement Date depending on the Service package selected by the Franchisee;

Specified Term. Task Employment means the period of time/ task during which work is performed by a Specified Term/ Task Employee. STCW means the International Convention on Standards of Training, Certification and Watch keeping for Seafarers. Transfer of Business has the meaning as set out in Part 2-8 - Transfer of Business of Union or Unions means the Australian Maritime Officers Union (AMOU), the Australian Institute of Marine and Power Engineers (AIMPE) and the Maritime Union of Australia (MUA)- a division of the Construction, Forestry, Maritime and Energy Union (CFMEU)).

Specified Term has the meaning set forth in Section 4.3. “SPV Affiliate” means with respect to any Person, any Affiliate of such Person, whose direct or indirect interest in the Common Shares constitutes more than thirty percent (30%) (by value) of the equity securities portfolio of such Affiliate. -8-