Successor term definition
Successor term means a term that the United States bureau of labor statistics uses in place of another term in revisions to the CPI.
Successor term means any consecutive two-year period commencing after the expiration of the Initial Term as set forth in Section 3(b).
Successor term means the First Successor Term or Second Successor Term, as the context requires.
Examples of Successor term in a sentence
Upon the expiration of the Initial Term or applicable Successor term hereof, Town agrees to pay CPI any balance owed CPI provided for in Exhibit B.
More Definitions of Successor term
Successor term means additional 10 consecutive year periods each following the Initial Term, or such other period set out in the agreement then in effect between TAB and You.
Successor term means a period of 5 years.
Successor term. – means the First Successor Term (as defined in Section 3.1 below), the Second Successor Term (as defined in Section 3.1 below) or both the First Successor Term and the Second Successor Term collectively.