Successive Term definition

Successive Term means in relation to Support & Maintenance Services any period of one calendar year in which the Agreement continues following the Initial Term.
Sample 1Sample 2Sample 3
Successive Term has the meaning set forth in Section 4.1.
Sample 1Sample 2
Successive Term has the meaning set forth in Section 12.1 (Term).
Sample 1

Examples of Successive Term in a sentence

  • Executive may voluntarily elect to resign his employment with the Company prior to the end of the Initial Term or any Successive Term for Good Reason (as hereinafter defined).

  • For the avoidance of doubt, any notice of nonrenewal of a Successive Term provided by the Company pursuant to Section 1 of this Agreement shall constitute termination of Executive by the Company without Cause during a Successive Term.

  • The Initial Term shall be automatically renewed for successive one year periods (“Successive Terms”) unless either party gives ninety (90) calendar days written notice of nonrenewal prior to the expiration of the then-current term (the Initial Term and any Successive Term are jointly referred to herein as the “Term”).

  • In the event of Executive's Separation from Service for Good Reason at any time during the Initial Term or any Successive Term, then, subject to the provisions of Section 9 below, Executive shall be entitled to receive the payments or benefits set forth in Section 8(a) as if such Separation from Service was as a result of Executive's termination by the Company without Cause during the Initial Term or thereafter (as applicable).

  • In the event that Executive dies or becomes completely disabled from performing his duties during the Initial Term or any Successive Term, the Company shall be relieved of all obligations under this Agreement, except for payment to Executive or Executive's heirs as if the Executive had been terminated without Cause in accordance with Section 8(a) herein during the Initial Term or thereafter (as applicable).

  • This Agreement may be renewed for one or more successive terms of 1 year each (Successive Term) by 90 days prior written notice of RCAI to Distributor.

  • In the event that Executive dies or becomes completely disabled from performing his duties during the Initial Term or any Successive Term, the Company shall be relieved of all obligations under this Agreement, except for payment to Executive or Executive’s heirs as if the Executive had been terminated without Cause in accordance with Section 8(a) herein during the Initial Term or thereafter (as applicable).

  • In the event of Executive’s Separation from Service for Good Reason at any time during the Initial Term or any Successive Term, then, subject to the provisions of Section 9 below, Executive shall be entitled to receive the payments or benefits set forth in Section 8(a) as if such Separation from Service was as a result of Executive’s termination by the Company without Cause during the Initial Term or thereafter (as applicable).

  • The Client may terminate the appointment of the Agent by providing ninety (90) days’ written notice prior to the end of the Initial Term or a Successive Term.

  • The Executive may, in his sole discretion, upon following the procedures below, at any time prior to the expiration of the Initial Term or any Successive Term of this Agreement terminate the Executive’s employment with the Company for Good Reason.


More Definitions of Successive Term

Successive Term shall have the meaning set forth in Section 2.1.
Sample 1
Successive Term means the term of the Agreement which arises from the automatic renewal of the lease term or from YMCA’s exercise of the option to renew the Agreement provided in Section 4, below. The term “Term of this Agreement” refers to the Initial Term and / or any Successive Term as provided below.
Sample 1
Successive Term. B Loan Commitment Amount" means an aggregate amount of up to $5,000,000. "Successive Term-B Loan Commitment Termination Date" means the earliest of (i) April 26, 2001, if the Successive Term-B Loans have not been made on or prior to such date, (ii) the Successive Term-B Loan Draw Date (immediately after the making of the Successive Term-B Loans on such date), and (iii) the date on which any Commitment Termination Event occurs.
Sample 1

Related to Successive Term

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

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

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

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

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

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

  • Agreement Term has the meaning set forth in Section 11.1.

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

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

  • Contract Term means period of performance set forth in the paragraph entitled “Term” contained in Exhibit E.

  • 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.

  • Research Term has the meaning set forth in Section 3.2.

  • Term of Employment means the period specified in Section 2 below.

  • Fixed term tenancy means a tenancy that has a fixed term of existence, continuing to a

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

  • 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.

  • Fixed Term shall have the meaning given such term in Section 2.3.

  • 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.

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

  • Employment Term has the meaning specified in Section 2.

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Orig Term Prop Type: Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 8329066 180 14 $43,224.00 $20,000.00 $195.78 751 0301388807 6 175 1 $80,000.00 09/07/2002 24 XXXXXX XX 00000 02 8.400 80 $19,717.17 09/19/2017 2 8327362 300 14 $98,416.00 $47,204.79 $568.23 672 0301511515 8 295 1 $126,000.00 09/09/2002 50 Xxxxxx XX 00000 02 14.000 116 $47,148.60 09/13/2027 2 8327516 180 14 $178,666.00 $59,924.02 $774.02 686 0301510517 6 175 1 $210,000.00 09/09/2002 44 Xxxxxx XX 00000 02 13.400 114 $59,292.09 09/13/2017 2 8034353 181 14 $48,000.00 $27,000.00 $323.88 673 0301357182 6 176 1 $60,000.00 09/09/2002 42 XXXXXX XXXX XX 00000 02 11.990 125 $26,780.32 10/01/2017 2 8327394 180 14 $86,844.60 $35,148.09 $474.00 668 0301511481 6 175 1 $97,662.00 09/09/2002 48 Xxx Xxxxxx XX 00000 02 14.250 125 $35,034.18 09/13/2017 2 8328088 180 16 $100,272.29 $26,212.79 $345.22 706 0301511390 6 175 1 $118,000.00 09/09/2002 45 Xxxxxxx XX 00000 02 13.780 108 $26,005.81 09/13/2017 2 8167909 180 14 $115,680.00 $48,850.00 $617.43 676 0301488417 6 175 1 $135,601.00 09/09/2002 33 Xxxxxxxx XX 00000 02 12.980 122 $48,234.92 09/24/2017 2 8327952 144 14 $179,968.00 $49,999.59 $683.60 663 0301511382 6 139 1 $185,000.00 09/09/2002 48 Xxxxxxxx XX 00000 02 12.880 125 $49,209.10 09/13/2014 2 8327684 180 14 $73,713.36 $18,448.66 $235.00 692 0301511051 6 175 1 $100,064.00 09/10/2002 45 Xxxxxx Xxxxx XX 00000 02 13.130 93 $18,195.88 09/14/2017 2 8326960 179 14 $149,847.89 $49,945.09 $659.00 664 0301511499 6 174 1 $186,864.00 09/10/2002 46 Xxxxxxxxx XX 00000 02 13.780 107 $49,712.77 08/14/2017 2 8327896 180 14 $93,005.00 $62,370.50 $750.96 726 0301576443 6 175 1 $125,000.00 09/10/2002 32 Xxxxxxxxx XX 00000 02 12.060 125 $61,715.72 09/14/2017 2 8328432 180 14 $61,862.60 $19,269.01 $242.28 667 0301511432 6 175 1 $65,000.00 09/10/2002 37 Xxxxxxxxxx, XX 00000 02 12.880 125 $18,959.76 09/14/2017 2 8327908 180 14 $67,161.30 $38,978.89 $506.07 676 0301511440 6 175 1 $85,000.00 09/10/2002 47 Xxxxx XX 00000 02 13.500 125 $38,609.40 09/14/2017 2 8328500 180 14 $132,275.00 $59,977.76 $764.00 696 0301511408 6 175 1 $171,935.00 09/10/2002 50 Xxxxxxxxxxxx XX 00000 02 13.130 112 $59,630.71 09/14/2017 2 8328228 180 14 $113,757.00 $47,929.48 $570.00 707 0301576427 6 175 1 $163,956.00 09/10/2002 34 Xxxxxxxxxxxx XX 00000 02 11.830 99 $45,936.33 09/14/2017 2 8328024 180 14 $145,359.87 $66,666.43 $816.53 709 0301576450 6 175 1 $170,189.00 09/10/2002 46 Xxxxxxxx XX 00000 02 12.380 125 $65,898.00 09/14/2017 2 8329024 180 14 $86,085.86 $54,842.10 $681.30 704 0301576435 6 175 1 $113,000.00 09/10/2002 29 Xxxxxx Xxxxx XX 00000 02 12.650 125 $54,429.69 09/14/2017 2 8327526 180 14 $217,391.00 $49,874.63 $627.10 665 0301510376 6 175 1 $232,000.00 09/11/2002 36 Xxxxxxxxxxx XX 00000 02 12.880 116 $49,408.60 09/16/2017 2 8327276 180 14 $140,481.00 $48,210.06 $570.87 706 0301575890 6 175 1 $161,572.00 09/11/2002 00 Xxxx Xxx Xxxxxx XX 00000 02 11.750 117 $47,690.06 09/16/2017 2 8327584 180 14 $54,989.53 $16,608.61 $218.40 687 0301511093 6 175 1 $65,000.00 09/11/2002 33 Xxxxxx XX 00000 02 13.750 111 $16,475.46 09/16/2017 2 8327948 180 14 $93,666.00 $48,686.46 $616.00 673 0301510848 6 175 1 $133,909.00 09/11/2002 39 Xxx Xxxxx XX 00000 02 13.000 107 $48,143.91 09/16/2017 2

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Employment Period has the meaning set forth in Section 2.01.

  • Collaboration Term has the meaning set forth in Section 2.1(h).