During Initial Term Sample Clauses

During Initial Term. Fees during the Initial Term of this Agreement shall be as follows: Claims Administration – Workers Compensation
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During Initial Term. Should Owner cancel management agreement services within the first 6 (six) months of lease execution or takeover of an existing lease agreement, Owner agrees to a $275 cancellation fee and will pay entire pro-rated balance of initial term management fees.
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During Initial Term. The Tenant covenants and agrees to pay to Landlord as base rent (the "Rent") for the Leased Premises per the Rent schedule listed below: YEARS ANNUAL MONTHLY ----- ------ ------- 1 $1,981,137.22 $165,094.77 2 $2,000,948.59 $166,745.72 3 $2,020,958.08 $168,413.17 4 $2,041,167.66 $170,097.31 5 $2,061,579.34 $171,798.28 6 $2,092,503.03 $174,375.25 7 $2,123,890.57 $176,990.88 8 $2,155,748.93 $179,645.74 9 $2,188,085.16 $182,340.43 10 $2,220,906.44 $185,075.54 11 $2,254,220.04 $187,851.67 12 $2,288,033.34 $190,669.45 13 $2,322,353.84 $193,529.49 14 $2,357,189.15 $196,432.43 15 $2,392,546.98 $199,378.92 The Rent is payable in advance, along with any sales, use or excise tax on the Rent, and without notice, on the first day of each month for the entire term of this Lease, said Rent to begin on the Commencement Date. In the event any Rent is unpaid after the tenth day of any calendar month, at Landlord's option, a service charge of two percent (2%) for each month that such Rent remains unpaid shall be paid.
Sample 1

Related to During Initial Term

  • 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.

  • Contract Term The period of Contractor's performance shall begin on November 1, 2018 and end on October 31, 2019 with an option to renew for an additional three (3) twelve (12) month periods.

  • 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.

  • ENGAGEMENT TERM The Placement Agent’s engagement hereunder will be until the earlier of (i) sixty (60) days and (ii) the Closing Date. The date of termination of this Agreement is referred to herein as the “Termination Date.” In the event, however, in the course of the Placement Agent’s performance of due diligence it deems it necessary to terminate the engagement with respect to itself, such Placement Agent may do so prior to the Termination Date. The Company may elect to terminate the engagement hereunder for any reason prior to the Termination Date but will remain responsible for fees and expenses pursuant to Section 3 hereof and fees with respect to the Securities if sold in the Placement. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof, to pay expenses pursuant to Section 3 hereof, and the provisions concerning confidentiality, indemnification and contribution, and no fiduciary relationship and governing law (including the waiver of the right to trial by jury) contained herein will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees and expenses due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees not to use any confidential information concerning the Company provided to such Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

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