Examples of Original Term in a sentence

The Term of this Lease may be continued, solely at the option of the City, at the end of the Original Term or any Renewal Term for the next succeeding Renewal Term up to the maximum Scheduled Term as indicated in the Lease Payment schedule set forth in Exhibit B attached hereto.
The total amount of fees to be paid under this Contract through the Original Term and extension terms, if any, (collectively, “Contract Term”) shall not exceed THREE MILLION FIVE HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($3,500,000.00).
Initially, the Term of this Lease shall commence on the Commencement Date and shall continue until the end of the Original Term.
The City intends, subject to Section 4.4(e) hereof, to continue the Term of this Lease through the Original Term and all Renewal Terms and to pay the Lease Payments due hereunder.
Should City fail to budget, appropriate or otherwise make available funds to pay Lease Payments following the then current Original Term or Renewal Term, this Lease shall be deemed terminated at the end of the then current Original Term or Renewal Term.

More Definitions of Original Term

Original Term means, with respect to a Property Schedule, the period from the Commencement Date until the end of the budget year of Lessee in effect at the Commencement Date.

Original Term is defined in Section 2.1 below.

Original Term shall have the meaning specified in paragraph 12 hereof.

Original Term shall have the meaning set forth in Section 13.1.

Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at the Commencement Date, as set forth in Section 3.2.

Original Term has the meaning set forth in Section 3.1.

Original Term means, with respect to each Lease, the period from the Commencement Date identified in the related Equipment Schedule until the end of the fiscal year of Lessee in effect at such Commencement Date.