Lease Period The lease period of the Finance Lease Agreement II is 36 months, which commenced on April 21, 2023. The lease period of the Finance Lease Agreement III is 36 months, which commenced on September 22, 2023. The lease period of the Finance Lease Agreement IV is 36 months, which commenced on November 30, 2023. The lease period of the Finance Lease Agreement V is 36 months, which shall commence on February 27, 2024.
Extension Term Provided Lessee is not in default in the performance of any term or condition of this Lease, Lessee shall have the option to extend this Lease for two (2) additional terms of five (5) years per term, commencing with the expiration of the first or additional term, upon the following conditions:
Agreement Term This Agreement commences on the Effective Date and continues until terminated in compliance with this Clause.
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 Period “Contract Period” shall mean the period commencing the day immediately preceding a Change in Control and ending on the earlier of (i) the second anniversary of the Change in Control or (ii) the death of the Executive. For the purpose of this Agreement, a Change in Control shall be deemed to have occurred at the date specified in the definition of Change-in-Control.
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.