Financial Term Sample Clauses

Financial Term. PREPAYMENT & BALANCE MANAGEMENT 4.1. Prior to the Operational Date of the EasyConnect service, the Customer shall make an initial prepayment in the by Section A of relevant Service Annex agreed to be used currency at a minimum value equivalent to 1000 EURO. Any other payment done after the initial prepayment will be in the agreed to be used currency at a minimum value equivalent to 100 EURO. For the sake of clarity any payment sent in another currency than the one foreseen in the Agreement will not be converted to the EasyConnect balance but refunded to the bank account of the customer as fast as possible. 4.2. Any prepayment done by the Customer must contain the remittance code defined by BICS for the Customer; this remittance code to be used is also documented on the BICS’ Customer extranet (MyBICS portal) in the balance info section. 4.3. The Parties agree that a prepayment is considered effective when the funds have been correctly identified and cleared on BICS bank account. BICS is not responsible for weekend notifications, public holidays, banking time funds clearing or email or other technical issues. The prompt transfer of funds of the valid prepayment available on BICS bank account is the sole responsibility of and is to be executed by the Customer. The Customer will at its own responsibility take this bank- transfer-delay into account, thus avoiding unplanned zero funds and suspension in accordance with the article 4.8. below. Bank charges are borne by the Customer. 4.4. Valid prepayments received (meaning effectively available on BICS bank account) and containing the correct agreed identification data will be added to the balance. 4.5. Prepayments that are received but for which BICS cannot identify the Customer due to missing identification data, will be temporally retained and added to the balance within 15 days after identification. 4.6. BICS will make available a set of web based tools on the BICS’ Customer extranet (My BICS portal), allowing the Customer to track its prepaid balance online. The web interface is considered as an accurate guide. However, it is the full responsibility of the Customer to manage and maintain its prepaid credit balance to avoid service interruptions. 4.7. Every call / SMS sent by the Customer to BICS will consume/ exhaust in nearly real time the prepaid balance based on the applicable rates mentioned in the price-list in force at the time. 4.8. When the balance does reach zero (0) value, the service is automatica...
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Financial Term. The annual close of business for purposes of determining the Fiscal Exercise of the Company will be December 31 of each year.
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Financial Term 
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Related to Financial Term

  • 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.

  • Material Term (1) The Parties acknowledge that the bar orders, waivers, renunciations of solidarity and reservations of rights contemplated in this Section shall be considered a material term of the Settlement Agreement and the failure of any Court to approve the bar orders, waivers, renunciations of solidarity and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 5.1 of the Settlement Agreement.

  • Renewal Contract Term Upon mutual written agreement, the Parties may renew this Contract, in whole or in part, for a Renewal Term not to exceed the Initial Contract Term, pursuant to the incorporated Special Contract Conditions.

  • Dpa Term Paragraph 4 on page 1 of the DPA setting a three-year term for the DPA shall be deleted, and the following shall be inserted in lieu thereof: “This DPA shall be effective upon the date of signature by Finalsite and XXX. and shall remain in effect as between Finalsite and LEA 1) for so long as the Services are being provided to LEA or 2) until the DPA is terminated pursuant to Section 15 of this Exhibit G, whichever comes first. ”

  • 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.

  • 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.

  • Renewal Periods Renewal of registered names may be made in one (1) year increments for up to a maximum of ten (10) years. For the avoidance of doubt, renewal of registered names may not extend their registration period beyond ten (10) years from the time of the renewal.

  • Renewal Terms Immediately following the Initial Term this Agreement shall automatically renew for successive one-year periods (a “Renewal Term”).

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

  • Commercial Terms Seller: PACIFIC GAS AND ELECTRIC COMPANY, limited for all purposes hereunder to its electric procurement and electric fuels functions Buyer: [Buyer to insert its full name here in all caps] Product: The Product shall consist of Electric Energy and associated Green Attributes from the Project, as further described and subject to the provisions herein.

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