First Renewal Period definition

First Renewal Period is defined in Section 2(b).

First Renewal Period means a period of time running from the expiry of the Initial Licensing Period and for a period of two (2) Contract Years thereafter.

First Renewal Period has the meaning set out in Section 3.3(a);

Examples of First Renewal Period in a sentence

• First Renewal Period: Customer may extend the Term of the Agreement for an additional twelve (12) months following the expiration of the Term by providing Company with at least thirty (30) days prior written notice of its intent to extend.

• In the event the LESSEE intends to renew the Lease for the First Renewal Period, the LESSEE shall give a notice in writing to the LESSOR of such intent at least six (6) months prior to expiry of the Lease Period (“Renewal Notice”).

• The parties agree to exercise the First Renewal Period as revised through this Third Amendment and to extend the term of the Agreement from August 19, 2018 through and including October 18, 2018.

• The LESSEE shall be entitled to seek a renewal for a further term of five (5) years subsequent to the completion of the First Renewal Period (“Second Renewal Period”) by providing LESSOR with a Renewal Notice atleast six (6) months prior to expiry of the First Renewal Period.

• The LESSOR shall ensure that the LESSEE shall at all times during the Lease Period, and in case of further renewal, during the First Renewal Period enjoy exclusive and peaceful possession of the Demised Property (other than any portion of Demised Property surrendered as mentioned in Clause 3.3), subject to timely payment of the Lease Consideration and other charges payable, as well as LESSEE fulfilling its obligations under this Deed.

More Definitions of First Renewal Period

First Renewal Period shall have the meaning given to it in Section 22.1 hereof.

First Renewal Period means the first renewal of this Exploration Right granted in terms of Section 81 of the Act read together with Regulation 33;

First Renewal Period. As set forth in the 1st Amendment, Customer extended the Term of the Agreement from March 11, 2012 until March 10, 2013 ("First Renewal Period").

First Renewal Period. “Foreign Exchange”

First Renewal Period. Second and any Additional Renewal Periods (2001) First Year: $100,000 (2004) 4th Year and each year thereafter (2002) 2nd Year: $125,000 $200,000 (2003) 3rd Year: $150,000

First Renewal Period. Section 12.02 “XXX” Recitals “Hardship Event” Section 13.02 [DELETED] [DELETED] “Initial Term” Section 12.01 “Insurance Market” Section 11.03 “Invoiced Amount” Section 9.03

First Renewal Period. Second and Any Additional Renewal Periods