Examples of Initial Term Expiration Date in a sentence
One of the earthquakes is the MJMA 6.8 2004 Chuetsu earthquake which occurred on October 23, 2004.
Notwithstanding the foregoing, the Executive’s employment under this Agreement may be terminated at any time, before or after the Initial Term Expiration Date, in accordance with Section 11.
If Tenant fails to validly exercise the option for the First Renewal Term as aforesaid, the Term shall expire on the Initial Term Expiration Date and Tenant shall have no further rights or options to extend the initial term of this Lease to include either the First Renewal Term or the Second Renewal Term.
With respect to Equipment described on this Schedule, on the Initial Term Expiration Date, Lessee shall pay to Lessor (i) the Balloon Payment and (ii) an amount equal to $1.00.
The initial term of this Lease (“ Initial Term ”) shall commence as of the Effective Date and shall expire at midnight on June 30, 2039 (“ Initial Term Expiration Date ”), unless terminated sooner as provided in this Lease and as may be extended as provided herein.