Holding Over Period definition

Holding Over Period means the time period after the Termination Date of this Agreement during which the parties continue the operation of this Agreement in accordance with clause 33.3 of this Agreement.
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Holding Over Period means the period during which the Parties continue the operation of this Agreement, despite no formal renewal, in accordance with clause 30.
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Examples of Holding Over Period in a sentence

  • If this Agreement is not extended for a Further Term or Holding Over Period, this Agreement will cease at the expiration of the Term or sooner if terminated earlier.

  • During the Holding Over Period, the parties will negotiate in good faith to determine whether: the Customer intends to continue to be supplied Recycled Water by the Supplier; the Supplier intends to continue to supply the Recycled Water to the Customer, and if so, the terms of a new agreement.

  • Either VITG or the Customer may terminate a Services Agreement where the date of termination would occur during any Holding Over Period by giving the other 30 days' prior written notice.

  • Following termination of the Holding Over Period, NEXT will provide you with a prepaid satchel to return the Pago Device to us within thirty (30) days.

  • If the Merchant does not provide such notice to NEXT then the Term of this Agreement shall be extended (the Holding Over Period) during which period the Merchant’s rental of the Pago Device will continue at the same agreed fees and otherwise on the same terms and conditions as set out in this Agreement.

  • The Initial Term for a Services Agreement is automatically extended by one (1) calendar month on the day that it would otherwise expire unless either VITG or the Customer gives the other a written notice at least 30 days prior to the end of the Initial Term that they want the Services Agreement to end (Holding Over Period).

  • All recurring or periodic Fees continue to accrue and apply during any Holding Over Period.

  • The Holding Over Period may be terminated at any time by either party giving one month’s written notice to the other party.

Related to Holding Over Period

  • Cover Period means the period from the cover start date to the cover end date.

  • Waiver Period ’ means, for each applicable fee, the period of time from the initial effective date of the MIAX Emerald Fee Schedule until such time that the Exchange has an effective fee filing establishing the applicable fee. The Exchange will issue a Regulatory Circular announcing the establishment of an applicable fee that was subject to a Waiver Period at least fifteen (15) days prior

  • Summer Period means the June, July, August, and September billing months. “Winter Period” means the December, January, February, and March billing months. “Transition Period” means the April, May, October, and November billing months.

  • Holding Period means, with respect to a Hold-the-Offering-Price Maturity, the period starting on the Sale Date and ending on the earlier of (i) the close of the fifth business day after the Sale Date ( ), or (ii) the date on which the Underwriter has sold at least 10% of such Hold-the-Offering-Price Maturity to the Public at prices that are no higher than the Initial Offering Price for such Hold-the-Offering-Price Maturity.

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

  • Trigger Period means the period commencing 60 days prior to the first public announcement by the Company of any Change of Control (or pending Change of Control) and ending 60 days following consummation of such Change of Control (which Trigger Period will be extended following consummation of a Change of Control for so long as either of the Rating Agencies has publicly announced that it is considering a possible ratings change).

  • Cash Sweep Period means each period commencing on the occurrence of a Cash Sweep Event and continuing until the earlier of (a) the Payment Date next occurring following the related Cash Sweep Event Cure, or (b) until payment in full of all principal and interest on the Loan and all other amounts payable under the Loan Documents.

  • Winter Period means the period in each year commencing on 1 June and ending on 30 October;

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Event Period shall have the meaning assigned to such term in Section 7.2 hereof.

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

  • Initial Cure Period As defined in Section 2.03(b).

  • Covenant Trigger Period means the period (a) commencing on the day that (i) an Event of Default occurs or (ii) Availability is less than the greater of (x) 10% of Available Credit and (y) $20,000,000 and (b) continuing until, at all times thereafter for a period of 30 consecutive days during which, (i) no Event of Default exists and (ii) Availability shall have been not less than the greater of (x) 10% of Available Credit and (y) $20,000,000.

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

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Recapture Period means the period commencing on the Effective Date and ending on the fifth anniversary of the last date that a Project owned by the Company is Placed in Service.

  • Benchmark Unavailability Period means, the period (if any) (a) beginning at the time that a Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.23 and (b) ending at the time that a Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.23.

  • Audit Period means the seven year period following Contractor’s provision of any work under the Contract.