Subsequent Renewal Term definition

Subsequent Renewal Term has the meaning assigned to such term in Section 9.1.
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Subsequent Renewal Term has the meaning given to such term in Section 13(a) of the Lease.
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Subsequent Renewal Term each term (if any) for which the Lease is extended by Lessee after the second Fixed Renewal Term.
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Examples of Subsequent Renewal Term in a sentence

  • Upon completion of the Initial Renewal Term, this Agreement shall thereafter automatically renew for additional 12 month periods (each, a "Subsequent Renewal Term"), unless sooner terminated in accordance with this Agreement or written notice is given by one party to the other at least 90 days prior to the expiration of the Initial Renewal Term or any Subsequent Renewal Term, as applicable.

  • Upon completion of the Initial Term, this Agreement shall thereafter automatically renew for additional 12-month periods (each, a “Subsequent Renewal Term”), unless sooner terminated in accordance with this Agreement or written notice is given by one party to the other at least 90 days prior to the expiration of the Initial Term or any Subsequent Renewal Term, as applicable.

  • The Initial Term, Initial Renewal Term and any Subsequent Renewal Term are herein collectively referred to as the "Employment Period." Where the context permits, all references to the Company shall include an affiliate of the Company by which the Executive is employed.

  • The Initial Term and any Subsequent Renewal Term are herein collectively referred to as the “Employment Period.” Where the context permits, all references to the Company shall include an affiliate of the Company by which the Executive is employed.

  • There will/will not (circle one) be a Subsequent Renewal Term for this Agreement.

  • The date on which the Employment Period is scheduled to expire, ------------ whether at the end of the Initial Term, the Initial Renewal Term or a Subsequent Renewal Term, if any, is called the "Scheduled Expiration Date" herein.

  • Following the 2018 Renewal Term, this Agreement shall automatically renew for successive monthly periods (each a “Subsequent Renewal Term”) unless terminated by either Party upon notice to the other Party at least one month prior to the conclusion of the 2018 Renewal Term or any given Subsequent Renewal Term.

  • Rent payable during any 2017 Lease Subsequent Renewal Term shall be the Fair Market Rental Value for the Equipment leased under such 2017 Lease, as determined below.

  • The rental payable per annum during any Subsequent Renewal Term shall be the then Fair Market Rental Value for the Aircraft.

  • MR ANDERSEN asked the Board to take a look at a revised document: Attachment 1 to agenda item 7.1, since revisions, or rather clarifications, had been made just the previous day.


More Definitions of Subsequent Renewal Term

Subsequent Renewal Term has the meaning set forth in Section 16.1.
Sample 1

Related to Subsequent Renewal Term

  • Renewal Term has the meaning set forth in Section 2.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Initial Term has the meaning set forth in Section 7.1.

  • Extension Term means the time period defined in §2.C.

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Additional Term shall have the meaning set forth in Section 8.2.

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”

  • Second Extension Period means the period commencing on the day following the First Extended Scheduled Maturity Date and ending on the Second Extended Scheduled Maturity Date.

  • Renewal Date means the effective date of Renewal. The first Renewal Date shall be the date as specified in the Policy Schedule (which shall not be later than the first anniversary of the Policy Effective Date) and the subsequent Renewal Date(s) shall be the anniversary(ies) of the first Renewal Date. The relevant Renewal Date shall be specified in the notification of Renewal in accordance with Section 3 of Part 4.

  • Grace Period Extension Date means, if:

  • Subsequent Rate Period means, with respect to any Series of VMTP Shares, the period consisting of seven calendar days, but adjusted in each case to reflect any changes when the regular calendar day that is a Rate Determination Date is not a Business Day, from, and including, the first calendar day following the Initial Rate Period of such Series to, and including, the next Rate Determination Date for such Series and any period thereafter from, and including, the first calendar day following a Rate Determination Date for shares of such Series to, and including, the next succeeding Rate Determination Date for shares of such Series.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Basic Term shall have the meaning specified in Section 2.2 of the Lease.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Extension Period has the meaning specified in Section 3.12.

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.