Second Extension Term definition

Second Extension Term shall have the meaning set forth in Section 2.3.3(b) below.

Second Extension Term has the meaning set forth in Section 2.10.

Second Extension Term shall have the meaning set forth in Section 6.1(c).

Examples of Second Extension Term in a sentence

• The period between and including the Effective Date and the Initial Expiration Date, together with the First Extension Term, if applicable, and the Second Extension Term, if applicable, shall, collectively, constitute the “Term” of this Agreement.

• During the Second Extension Term and the Third Extension term (though not during the First Extension Term), either Party may terminate this Lease upon ninety (90) days written notice to the other Party.

• The term of this Agreement shall be automatically extended for two additional three (3) year terms (each an “Extension Term”), unless either party opts to terminate by providing written notice of such election on or before February 1, 2014 with respect to the first Extension Term or on or before February 1, 2017 with respect to the Second Extension Term.

• In the event Landlord and Tenant fail to reach an agreement on such rental rate and execute the Amendment (defined below) at least 5 months prior to the expiration of the Lease, then Tenant's exercise of the renewal option shall be deemed withdrawn and the Lease shall terminate at the end of the Second Extension Term.

• The “Term” of this Agreement shall mean the period during which this Agreement is in effect, including specifically all extensions pursuant to Section 28.2. This Agreement automatically shall expire at the end of the Second Extension Term, subject to the right of Customer to extend the Agreement pursuant to Section 28.2. The Parties agree and acknowledge that Article 28 shall apply with respect to any expiration or non-renewal of this Agreement under Article 2.

More Definitions of Second Extension Term

Second Extension Term has the meaning set forth in Section 2.5(B).

Second Extension Term. Defined in Section 3.07(a).

Second Extension Term has meaning set forth in Section 2.03(d) of this Loan Agreement.

Second Extension Term has the meaning set forth in Section 2.03(d) hereof.

Second Extension Term means as described in Section 2.8.

Second Extension Term and "Second Determination Date" shall be replaced with "Expansion Space," "Section 1.06," "the period from March 1, 2007 to February 28, 2010" and "September 1, 2006," respectively) for the Expansion Space after adjustment for the additional rent then payable under Articles 3 and 4 of this Lease with respect to the Expansion Space (so that the aggregate of (A) the fixed annual rent with respect to the Expansion Space, as determined under this clause (i), which shall include the ERIF (as defined in Article 12 of this Lease); and (B) such additional rent for the Expansion Space shall be equal to the fair market rent for the Expansion Space), determined as of September 1, 2006 and which determination shall be made within thirty (30) days after that date; and

Second Extension Term has the meaning given to that term in Clause 26.2(b); Services means the Set-up and Configuration Services, Maintenance Services, Support Services and Training Services; Set-up and Configuration Services means any set-up and configuration services set out in Section 3A of the Cover Sheet; Software means any software installed in or on, or otherwise forming part of, any item of Equipment (including any upgrades, updates and/or new versions of any such software as may be supplied or installed from time to time by the Supplier as part of any of the Services or otherwise by or on behalf of the original equipment manufacturer of the Equipment item); Spare or Replacement Parts means any spare or replacement parts that Supplier supplies to UCL, from time to time, as part of the Maintenance Services and/or Support Services; Specification means, in respect of each type of Equipment item, the specification referred to in Section 2D of the Cover Sheet (if any) for that Equipment item; Sub-processor has the meaning given in Clause 19.3(h); Supplier has the meaning given to that term in the Cover Sheet; Supplier Personnel means all employees, staff, other workers, agents and consultants who are engaged by Supplier and/or any Associated Entity of Supplier in the carrying out of Supplier’s obligations under this Agreement (including the provision of any of the Services);