Primary Term definition

Primary Term means for the purposes of any Service provided under any Schedule of Service under:
Primary Term is defined in paragraph 4(a) of this Lease.
Primary Term as set forth in the Rental Schedule.

Examples of Primary Term in a sentence

  • Upon Xxxxxx’s receipt of the Seat, Xxxxxx’s Rent over the remainder of the Primary Term will be lowered to reflect the Seats received.

  • Primary Term (Mos.) Commencement Date* See Exhibit 'A' See Exhibit 'A' Rent is payable: in Payment Period: *The Commencement Date may be extended for one Payment Period until the Schedule is returned in accordance with the terms in the Agreement.

  • The period beginning on the Acceptance Date and ending on the last day of the Primary Term, together with any renewals or extensions thereof, is defined as the “Lease Term”.

  • The period beginning on the Acceptance Date and ending on the last day of the Primary Term, together with any renewals or extensions thereof, is defined as the "Lease Term".

  • Once, at any time after the half-way point of the Primary Term, and Provided that no Event of Default has occurred and is continuing, Customer may add additional Seats at any time by executing a new Schedule (subject to credit and pricing approval) MASTER LEASE AGREEMENT SCHEDULE NO.


More Definitions of Primary Term

Primary Term is defined in Section 2.2.1.
Primary Term means the basic pe- riod of time for which a lease is issued during which the lease contract may be kept in force by payment of rentals.
Primary Term means a term of ONE (1) year from and including the Effective Date of this Lease.
Primary Term means the period commencing on the Effective Date and expiring on July 31, 2021.
Primary Term shall have the meaning set forth in Section 5.1 of the Agreement.
Primary Term shall have the meaning given in Section 9.1.