Designated Term definition

Designated Term has the meaning specified in Section 2(b) hereof. ---------- ----
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Designated Term has the meaning given to it in Clause 8.3(a)(ii) (Default interest).
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Designated Term means, with respect to each Franchise Agreement, (i) the territory in which the Renters Choice Entity is restricted from operating Stores, (ii) obligations, including, without limitation, with respect to Intellectual Property, of the applicable Renters Choice Entity upon termination thereof, (iii) any guarantee by any Renters Choice Entity of any obligation of the franchisee and (iv) any express right of the franchisee thereunder to a remedy of specific performance.
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Examples of Designated Term in a sentence

  • The Employee's employment hereunder shall commence on the date hereof, and shall continue until terminated in accordance with Section 4 hereof, provided that, subject to the other terms and conditions hereof, the term of employment shall be at least until June 7, 2001 (such period being referred to herein as the "Designated Term"), and provided, further that from ---------- ---- and after June 8, 2001, subject to the provisions of Section 5 hereof, the Employee's employment hereunder shall be at will.

  • All proceeds of such insurance shall be remitted to the ABL Agent or the Designated Term Agent, as the case may be, and each of the Term Agents and ABL Agent shall cooperate (if necessary) in a reasonable manner in effecting the payment of insurance proceeds in accordance with Section 4.1 hereof.

  • Senior Sub Transactions Initially the Senior Sub Transactions will be comprised of the following Term securitizations: AmeriCredit Automobile Receivables Trust 2000-1 AmeriCredit Automobile Receivables Trust 2001-1 AmeriCredit Automobile Receivables Trust 2002-1 Senior Borrowing Base Calculation Using the Modeling Assumptions for each Designated Term Series and applying the Senior Loss Multiple to the Expected Remaining Losses, a schedule of monthly cash flows will be determined.

  • Actual Losses to Date ACFS will provide, on a monthly basis, actual realized losses for each Designated Term Series.

  • Expected Remaining Losses Expected Remaining Losses, individually for each Designated Term Series, will equal the Expected Cumulative Loss Expectation minus Actual Losses to Date.

  • In connection with the application of Proceeds pursuant to Section 5.1(a), the Designated Term Representative may sell any non-Cash Proceeds for cash prior to the application of the Proceeds thereof.

  • The execution and delivery of such instrument shall not require the consent of any other party hereunder, and will be acknowledged by the ABL Representative and the Designated Term Priority Representative.

  • Within 30 days of receipt of the request, Lender will provide Borrower with an indicative quote (the “DLOC Rate Quote”, the date of the DLOC Rate Quote being referred to as the “DLOC Quote Date”) for fixed rate pricing based on a per annum rate equal to 3.00% plus the Treasury Rate for the Designated Term.

  • Such purchase price and cash collateral shall be remitted by wire transfer in federal funds to such bank account in New York, New York as the ABL Agent or the Designated Term Agent, as applicable, may designate in writing for such purpose.

  • All proceeds of such insurance shall be remitted to the ABL Representative or the Designated Term Priority Representative, as the case may be, and each of the Term Priority Representatives and ABL Representative shall cooperate (if necessary) in a reasonable manner in effecting the payment of insurance proceeds in accordance with Section 4.01 hereof.


More Definitions of Designated Term

Designated Term has the meaning as set forth in Clause 12.1(a).
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Designated Term means, as of the date of determination, the remainder a 5-year term commencing on the Closing Date. ​
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Designated Term means each of the following provisions of the Registry Agreement in the form in effect as hereby approved by the Department of Commerce: Sections 3.1(c)(iii) & (v) (including Appendix 5), 3.1(d)(iii), 7.1, and 7.3, which terms, and obligations of VeriSign thereunder, shall be incorporated into the Cooperative Agreement by reference.
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Designated Term is defined in Section 5.11(c) hereof.
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Designated Term means, with respect to each Franchise Agreement, (i) the territory in which the Company or any of its Subsidiaries is restricted from operating Stores, (ii) obligations, including, without limitation, with respect to Intellectual Property, of the Company or its Subsidiaries upon termination thereof, (iii) any guarantee by the Company or any of its Subsidiaries of any obligation of the franchisee and (iv) any express right of the franchisee thereunder to a remedy of specific performance.
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Related to Designated Term

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

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

  • Stated Termination Date means December 31, 2000.

  • Non-Compete Term means in the case of termination for any reason, the period from the Effective Date to the date ending 2 years following the date of termination.

  • Service & Term XOOM Energy Ohio, LLC (“XOOM” or “Company”) agrees to act as your exclusive natural gas supplier and will provide competitive retail natural gas service to you. The Term of this Agreement will begin on the next available meter read date after processing of the request by XOOM and your gas utility, and will continue for the Contract Term as set forth in the accompanying Contract Summary, which is incorporated into this Agreement. Acceptance into the Program:These terms and conditions are subject to your acceptance into the program by both XOOM and your local utility. You will be promptly notified if you are not accepted into the program. Switching fees may apply to you under your local utility’s tariff if you are accepted into the program by both XOOM and your local utility.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Base Term Beginning (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 August 31, 2024.”

  • Offering Commencement Date means the first day of each Offering Period.

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Severance Term means the six (6) month period following Employee’s termination by the Company without Just Cause (other than by reason of death or Disability) or by Employee for Good Reason; provided, that if such termination occurs within twelve (12) months following a Change in Control, the Severance Term shall be the twelve (12) month period following such termination.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Minimum Term means each minimum initial and subsequent period of service for each Service as shown on the Service Agreement and Order Schedule, the initial period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed or if not stated on the Service Agreement or order schedules, the Minimum Term will be 12 months or such other period as may be notified to you in accordance with paragraph 19.2.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Non-Compete Period means the period commencing on the Effective Date and ending twelve months after the earlier of the expiration of the Employment Period or the Executive’s Date of Termination.

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

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

  • Severance Period means the period of time commencing on the date of an occurrence of a Change of Control and continuing until the earlier of (i) the date which is one and one-half years following the occurrence of the Change of Control, and (ii) the Executive's death.

  • Term Start Date has the meaning set forth in Section 1.01.

  • The term Trustee" shall mean The Bank of New York Mellon and its successors in interest or any successor trustee appointed as provided in the Standard Terms and Conditions of Trust.

  • Termination Assistance Period means the period commencing upon the expiration or termination of this Agreement and each Statement of Work and expiring six (6) months thereafter, as such period may be extended by the Parties.

  • 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;

  • Primary Term means for the purposes of any Service provided under any Schedule of Service under:

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