Avail Term Sample Clauses

Avail Term. The term during which Licensor shall be required to make programs available for licensing and Licensee shall be required to license programs hereunder shall commence on [September , 2012 and shall terminate on September , 2014] (“Initial Avail Term”). Licensor shall have the option to extend the Avail Term, beyond the Initial Avail Term, for an additional year (“Extension Period”), upon written notice to be delivered no later than ninety (90) days prior to the expiration of the Initial Avail Term. The Initial Avail Term together with the Extension Period, if any, shall be the “Avail Term”. Each 12-month period during the Avail Term beginning on [September , 2012] is an “Avail Year,” with the first such Avail Year being “Avail Year 1,” and the second being “Avail Year 2”, etc. It is acknowledged that the License Period for each Licensed Film may expire after the end of the Avail Term
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Avail Term. The initial term during which Licensor shall be required to make programs available for licensing and Licensee shall be required to license programs hereunder shall commence on November 1, 2006 and shall terminate on October 31, 2012 (“Initial Avail Term”). Thereafter, the Avail Term shall automatically be extended for two (2) successive two- year periods (each, a “Extension Period”), unless Licensor, in its sole discretion, gives Licensee written notice of non-extension no later than September 1 of Avail Year 6 or Avail Year 8 (if any), as applicable. The Renewal Terms would extend the Avail Term from November 1, 2012 to October 31, 2014, and from November 1, 2014 to October 31, 2016, respectively (“Extension Periods”). The Initial Avail Term, together with any Extension Periods, shall be the “Avail Term” of this Agreement. Each twelve-month period, commencing on November 1, 2006, during the Avail Term shall be an “Avail Year”. The twelve-month period commencing November 1, 2006 shall be “Avail Year 1”, the twelve-month period commencing November 1, 2007 shall be “Avail Year 2”, the twelve-month period commencing November 1, 2008 shall be “Avail Year 3”, the twelve-month period commencing November 1, 2009 shall be “Avail Year 4”, the twelve-month period commencing November 1, 2010 shall be “Avail Year 5”, the twelve-month period commencing November 1, 2011 shall be “Avail Year 6”, the twelve-month period (if any) commencing November 1, 2012 shall be “Avail Year 7”, the twelve-month period (if any) commencing November 1, 2013 shall be “Avail Year 8”, the twelve-month period (if any) commencing November 1, 2014 shall be “Avail Year 9” and the twelve-month period (if any) commencing November 1, 2015 shall be “Avail Year 10”. It is acknowledged hereby that the License Period for an Included Program may expire after the end of the Avail Term. In addition, the termination or expiration of the Avail Term or any License Period, howsoever occasioned, shall not affect any of the provisions of this Agreement which are expressly or by implication to come into or continue in force after such termination or expiration.
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Avail Term. The “Avail Term” during which Licensor shall be required to make titles available for licensing and Licensee shall be required to license titles hereunder consists of the Initial Avail Term together with the Extension Period, if any. The “Initial Avail Term” commences on [the Agreement Date] and terminates on [ , 2013]. Thereafter, the Initial Avail Term automatically extends for one successive 12-month period (the “Extension Period”) if Licensee has developed a plan towards launching an Ultraviolet enabled UV DHE electronic sell- through service during the Initial Avail Term and has made meaningful progress in implementing such plan during the Initial Avail Term, all as evidenced by reasonable documentation presented to Licensor at least 30 days prior to the expiration of the Initial Avail Term. Each 12-month period during the Avail Term beginning [upon the Agreement Date] is an “Avail Year,” with the first such Avail Year being “Avail Year 1,” and the second, if any, being “Avail Year 2.” It is acknowledged that the License Period for an Included Program may expire after the end of the Avail Term.
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Avail Term. The Avail Term shall be extended, and shall not end until (i) either party gives written notice of termination on 30 days notice, provided that such a termination shall not be effective prior to the end of the RIM Guarantee Period, or
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Avail Term. The term during which Licensor shall be required to make programs available for licensing and Licensee shall be required to license programs hereunder shall commence on August [ ] , 2013 and shall terminate on August [ ], 2018 ("Avail Term"). Each successive twelve-month period commencing on August [ ], 2013, shall be a "Term Year", such that the twelve-month period commencing August [ ], 2013 shall be "Term Year 1", the twelve- month period commencing August [ ], 2014 shall be "Term Year 2", the twelve-month period commencing August [ ], 2015 shall be "Term Year 3", the twelve-month period commencing August [ ], 2016 shall be "Term Year 4", and the twelve-month period commencing August [ ], 2017, shall be "Term Year 5". The termination or expiration of the Term or any License Period, howsoever occasioned, shall not affect any of the provisions of this Agreement which are expressly or by implication to come into or continue in force after such termination or expiration.
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Avail Term. For each Approved System, the “Avail Term” during which Licensor shall be required to make titles available for licensing and Licensee shall be required to license titles hereunder consists of the Initial Avail Term together with all Extension Periods, if any, as set forth in Schedule B. Each 12-month period during an Avail Term shall be an “Avail Year,” with the first such Avail Year for a particular Approved System being “Avail Year 1,” the second being “Avail Year 2” and the third, if any, being “Avail Year 3.” It is acknowledged that the License Period for an Included Program may expire after the end of the Avail Term.
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Avail Term. One (1) year plus four one-year extensions exercisable by Licensor at its sole discretion. Each twelve month period during the Avail Term is referred to as an “Avail Year”.
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Related to Avail Term

  • Original Term The weighted average original term for the Receivables is at least 65 months.

  • Initial Term The initial term will begin on the date set forth in the Contract documents or on the date the Contract is signed by all Parties, whichever is later.

  • Agreement Term This Agreement commences on the Effective Date and continues until terminated in compliance with this Clause.

  • Renewal Term If not sooner terminated, this Agreement shall renew at the end of the Initial Term and shall thereafter continue for successive annual periods, provided such continuance is specifically approved at least annually (i) by the Fund’s Board of Trustees or (ii) by a vote of a majority of the outstanding voting securities of the relevant portfolio of the Fund, provided that in either event the continuance is also approved by the majority of the Trustees of the Fund who are not interested persons (as defined in the 0000 Xxx) of any party to this Agreement by vote cast in person at a meeting called for the purpose of voting on such approval. If a plan under Rule 12b-1 of the 1940 Act is in effect, continuance of the plan and this Agreement must be approved at least annually by a majority of the Trustees of the Fund who are not interested persons (as defined in the 0000 Xxx) and have no financial interest in the operation of such plan or in any agreements related to such plan, cast in person at a meeting called for the purpose of voting on such approval.

  • Consulting Period The Consulting Relationship will be deemed to have commenced on the Separation Date and will continue until October 15, 2023 unless the Consulting Relationship has already been terminated earlier pursuant to Section 3(g) below (the “Consulting Period”).

  • Basic Term Subject to earlier termination in accordance with subsection 6(b) below, the exercise period of this option shall expire ten (10) years after the date it is granted.

  • Term of the Company The term of the Company commenced on the Formation Date and shall continue in existence until termination and dissolution thereof as determined under Section 21 of this Agreement; provided that this Agreement shall remain in full force and effect notwithstanding the termination and dissolution of the Company.

  • Extended Term Tenant shall have the option to extend the Term for two (2) consecutive five (5) year periods (the "FIRST EXTENDED TERM" and "SECOND EXTENDED TERM", respectively) on all the terms and conditions contained in this Lease including, without limitation, continuation of the adjustment of the Base Rent on an annual basis as provided in Section 3.3 below (provided only that upon commencement of the First Extended Term the only remaining option to extend the Term shall be the Second Extended Term and upon exercise of the option with respect to the Second Extended Term, no further right to extend the Term shall exist). Tenant shall deliver, if at all, written notice of its exercise of the option ("OPTION NOTICE") to Landlord at least six (6) months but not more than one (1) year before the expiration of the Term or First Extended Term, as the case may be. In the event Tenant fails to deliver the applicable Option Notice within the time allowed, Landlord shall deliver written notice to Tenant of Tenant's failure to deliver the Option Notice, and Tenant shall then have thirty (30) days from receipt of such notice within which to deliver the Option Notice, if at all, to Landlord. In the event (and only in the event) that, Tenant fails to deliver an Option Notice to Landlord within such thirty (30) days, Tenant shall be considered to have elected not to extend the Term of this Lease and thereafter, Tenant shall have no further right to extend the Term of this Lease. References in this Lease to the "Term" shall include the initial Term of fifteen (15) years and shall, in addition, include the First Extended Term and the Second Extended Term, if applicable.

  • Commencement of Term (a) The Premises shall be deemed substantially completed upon the issuance of a certificate of substantial completion by Landlord's architect or a certificate of occupancy by the local building authority, notwithstanding that minor or insubstantial details of construction, mechanical adjustment or decoration remain to be performed. If the substantial completion of the Premises by Landlord is delayed in any way by Tenant or Tenant's Representatives, the Premises shall be deemed substantially completed for purposes of this Section on the date when they would have been substantially completed but for such delay. (b) Tenant's taking possession of the Premises shall be conclusive evidence that the Premises were in good order, condition and repair when Tenant took possession, except for those matters (for which Landlord is responsible as provided in this Lease) of which Tenant gives Landlord notice within 10 days after taking possession. Landlord shall complete or repair such matters as soon as reasonably possible. (c) If Landlord is unable to deliver possession of the Premises to Tenant within 180 days after the Expected Commencement Date (the Outside Commencement Date), then Tenant, as its sole remedy, may terminate this Lease by notice to Landlord given within 10 days after the Outside Commencement Date. The Outside Commencement Date shall be extended by the period of any delay described in Section 1(a). Landlord shall not be liable to Tenant or any third party for its failure to deliver possession of the Premises to Tenant. If the Commencement Date does not occur within one year after the Expected Commencement Date, this Lease shall terminate and Landlord and Tenant shall have no further obligations to the other, except as may otherwise be provided in this Lease. (d) After the Commencement Date has been determined, Landlord and Tenant shall execute a supplemental agreement specifying the Commencement Date, Termination Date and such other information as Landlord shall reasonably require.

  • Service Term XOOM agrees to act as your exclusive natural gas supplier and will provide competitive retail natural gas service to you. The term of this Contract will begin when your local utility switches your account to XOOM and will continue on a month-to-month basis as set forth in the accompanying Product Sheet.

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