Subsequent Renewal Term definition

Subsequent Renewal Term has the meaning assigned to such term in Section 9.1.
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Subsequent Renewal Term has the meaning given to such term in Section ----------------------- 13(a) of the Lease.
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Subsequent Renewal Term has the meaning set forth in Section 16.1.
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Examples of Subsequent Renewal Term in a sentence

  • Upon completion of the Initial Renewal Term, this Agreement shall thereafter automatically renew for additional 12 month periods (each, a "Subsequent Renewal Term"), unless sooner terminated in accordance with this Agreement or written notice is given by one party to the other at least 90 days prior to the expiration of the Initial Renewal Term or any Subsequent Renewal Term, as applicable.

  • Upon completion of the Initial Term, this Agreement shall thereafter automatically renew for additional 12-month periods (each, a “Subsequent Renewal Term”), unless sooner terminated in accordance with this Agreement or written notice is given by one party to the other at least 90 days prior to the expiration of the Initial Term or any Subsequent Renewal Term, as applicable.

  • The Initial Term, Initial Renewal Term and any Subsequent Renewal Term are herein collectively referred to as the "Employment Period." Where the context permits, all references to the Company shall include an affiliate of the Company by which the Executive is employed.

  • The Initial Term and any Subsequent Renewal Term are herein collectively referred to as the “Employment Period.” Where the context permits, all references to the Company shall include an affiliate of the Company by which the Executive is employed.

  • The date on which the Employment Period is scheduled to expire, ------------ whether at the end of the Initial Term, the Initial Renewal Term or a Subsequent Renewal Term, if any, is called the "Scheduled Expiration Date" herein.

  • The rental payable per annum during any Subsequent Renewal Term shall be the then Fair Market Rental Value for the Aircraft.

  • Thereafter, this Agreement will automatically renew for one term of three (3) years ("Renewal Term"), unless one Party provides written notice to the other Party not less than twelve (12) months prior to the end of the Initial Term or any Subsequent Renewal Term of its intent to terminate this Agreement.

  • At the end of the Fixed Renewal Term, the Lessee shall have the right to further extend this Lease for any number of successive periods of not less than one year (each a "Subsequent Renewal Term"; the Fixed Renewal Term and each Subsequent Renewal Term, being hereinafter sometimes called a ("Renewal Term").

  • Following the 2018 Renewal Term, this Agreement shall automatically renew for successive monthly periods (each a “Subsequent Renewal Term”) unless terminated by either Party upon notice to the other Party at least one month prior to the conclusion of the 2018 Renewal Term or any given Subsequent Renewal Term.

  • If new options are issued to complete the adjustment, then they shall be issued with an exercise price equal to the closing sales price of the Company’s common stock on the last trading day prior to the Renewal Date of this Agreement and shall vest upon the expiration of the Initial or Subsequent Renewal Term.


More Definitions of Subsequent Renewal Term

Subsequent Renewal Term each term (if any) for which the Lease is extended by Lessee after the second Fixed Renewal Term.
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Related to Subsequent Renewal Term

  • Renewal Term has the meaning set forth in Section 2.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Initial Term has the meaning set forth in Section 7.1.

  • Extension Term means the time period defined in §2.C.

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

  • Extended Term shall have the meaning set forth in Section 2.

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Additional Term means that term commencing on the last day of the Basic Term and terminating 5 years thereafter.

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

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

  • Base Term Commencing (i) with respect to the Existing Premises on the Commencement Date, (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date and (iii) with respect to the Second Expansion Premises on the Second Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 16, 2016 (“Expiration Date”).”

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

  • Renewal Date means the effective date of Renewal. The first Renewal Date shall be the date as specified in the Policy Schedule (which shall not be later than the first anniversary of the Policy Effective Date) and the subsequent Renewal Date(s) shall be the anniversary(ies) of the first Renewal Date. The relevant Renewal Date shall be specified in the notification of Renewal in accordance with Section 3 of Part 4.

  • Subsequent Rate Period means, with respect to any Series of RVMTP Shares, the period consisting of seven calendar days, but adjusted in each case to reflect any changes when the regular calendar day that is a Rate Determination Date is not a Business Day, from, and including, the first calendar day following the Initial Rate Period of such Series to, and including, the next Rate Determination Date for such Series and any period thereafter from, and including, the first calendar day following a Rate Determination Date for shares of such Series to, and including, the next succeeding Rate Determination Date for shares of such Series.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Basic Term shall have the meaning specified in Section 2.2 of the Lease.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Extension Period has the meaning set forth in Section 2.11.

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.