Secondary Period Sample Clauses

Secondary Period. The Lessee shall be entitled, provided that no Relevant Event has occurred and is continuing, on giving to the Lessor notice (which notice, when given, shall be irrevocable) not less than thirty (30) days prior to the end of (a) the Primary Period and (b) (subject as hereinafter provided) each succeeding period of twelve (12) months from the end of the Primary Period, to extend the Lease Period for a period of twelve (12) months or, if less, up to a maximum period equivalent to any remaining useful life of the Ship. The Lessee's entitlement to extend the Lease Period in the manner referred to above is subject to the Lessee providing evidence reasonably satisfactory to the Lessor that the Ship remains seaworthy and has a remaining useful life equal to the term for which the Lease Period is to be extended pursuant to this clause 3.2.
AutoNDA by SimpleDocs
Secondary Period. 1.3.2.1 The Authority shall have an option exercisable in accordance with the provisions of Clause 1.3.2.2 to require that this Contract is extended on the same terms and conditions for a further period of up to two (2) years beyond the Initial Period with such option being divided into two (2) one (1) year consecutive periods (each being a One Year Extension).
Secondary Period. The Parties hereto acknowledge and agree that during the period commencing upon the expiration of the Initial Period and continuing for ninety (90) days thereafter (such period, the "Secondary Period"), Purchaser shall only use the name "Interland" as part of the phrase "formerly Interland Dedicated" which may appear only in association with the trade name used by Purchaser in the operation of the dedicated hosting business, and then only in connection with Approve Activities. The restrictions on the use of the name "Interland" set forth in this Section 10(b) shall apply equally to the usage of such name by representatives of Purchaser in telephone calls made or received by such representatives. Except as provided in Section 10(c), upon expiration of the Secondary Period, Purchaser shall have no right to use the name "Interland," and shall not use such name, in the operation of its business.
Secondary Period. In accordance with clause 1.3.2.3 the Authority wishes to extend the Contract for a further period from 1st April 2010 to 31st March 2012. In addition the Authority shall have the option exercisable in accordance with the provisions of Clause 1.3.2.2 to require that this Contract is extended on the same terms and conditions for a further period of up to three (3) years beyond 31st March 2012, to be awarded in periods of time to be determined by the NDA, but to align with the transfers of shares to the new Parent Body Organisation. Signed on behalf of NDA: /s/ XXXX XXXXXX Name: Xxxx Xxxxxx Position: Contract Manager Date: 10 November 2009 Contract Amendment Acceptance: I hereby confirm receipt and acceptance of Amendment No. 13 to the above Contract. Signed on behalf of Contractor: Name: Position: Contractor: Magnox Electric Ltd Date: DATED 2007 The Nuclear Decommissioning Authority (1) and Magnox Electric Limited (2) and Energy Sales and Trading Limited (3) AMENDED, RESTATED AND CONSOLIDATED SITE MANAGEMENT AND OPERATIONS CONTRACT NDA-T1-37-05 TABLE OF CONTENTS
Secondary Period. 6.2.1 The Lessee may, by written notice to the Lessor to be received by the Lessor no later than one month prior to the date upon which the leasing of the Vessel under this Agreement would otherwise expire by effluxion of time request that the leasing of the Vessel be extended for a Secondary Period (or, as the case may be, a further Secondary Period). Any notice once given by the Lessor pursuant to this Clause 6.2 may only be withdrawn with the written consent of the Lessor.
Secondary Period. 6.2.1 The Lessee may, by written notice to the Lessor to be received by the Lessor no later than one month prior to the date upon which the leasing of the Vessel under this Agreement would otherwise expire by effluxion of time request that the leasing of the Vessel be extended for a Secondary Period (or, as the case may be, a further Secondary Period) of a period specified by the Lessee up to one year, subject to earlier termination under any provision of this Agreement. Any notice once given by the Lessor pursuant to this Clause 6.2 may only be withdrawn with the written consent of the Lessor.

Related to Secondary Period

  • Transition Period Upon termination of this Agreement, and for 90 consecutive calendar days thereafter (the “TRANSITION PERIOD”), Executive agrees to make himself available to assist the Company with transition projects assigned to him by the Board. Executive will be paid at a reasonable, agreed upon hourly rate for any work performed for the Company during the Transition Period.

  • Probationary Period Both parties agree to establish the probationary period (which is included within the contract term) in the first way of the following ways:

  • Registration Period In the case of the registration effected by the Company pursuant to this Agreement, the Company shall keep such registration effective from the date on which the Registration Statement initially became effective until the earlier of (a) the date on which all the Holders have completed the sales or distribution described in the Registration Statement relating thereto or, (b) until such Registrable Securities may be sold by the Holders under Rule 144(k) (provided that the Company’s transfer agent has accepted an instruction from the Company to such effect) (the “Registration Period”).

  • Lock-Up Period Participant hereby agrees that Participant shall not offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any Common Stock (or other securities) of the Company or enter into any swap, hedging or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any Common Stock (or other securities) of the Company held by Participant (other than those included in the registration) for a period specified by the representative of the underwriters of Common Stock (or other securities) of the Company not to exceed one hundred and eighty (180) days following the effective date of any registration statement of the Company filed under the Securities Act (or such other period as may be requested by the Company or the underwriters to accommodate regulatory restrictions on (i) the publication or other distribution of research reports and (ii) analyst recommendations and opinions, including, but not limited to, the restrictions contained in NASD Rule 2711(f)(4) or NYSE Rule 472(f)(4), or any successor provisions or amendments thereto). Participant agrees to execute and deliver such other agreements as may be reasonably requested by the Company or the underwriter which are consistent with the foregoing or which are necessary to give further effect thereto. In addition, if requested by the Company or the representative of the underwriters of Common Stock (or other securities) of the Company, Participant shall provide, within ten (10) days of such request, such information as may be required by the Company or such representative in connection with the completion of any public offering of the Company’s securities pursuant to a registration statement filed under the Securities Act. The obligations described in this Section 4 shall not apply to a registration relating solely to employee benefit plans on Form S-1 or Form S-8 or similar forms that may be promulgated in the future, or a registration relating solely to a Commission Rule 145 transaction on Form S-4 or similar forms that may be promulgated in the future. The Company may impose stop-transfer instructions with respect to the shares of Common Stock (or other securities) subject to the foregoing restriction until the end of said one hundred and eighty (180) day (or other) period. Participant agrees that any transferee of the Option or shares acquired pursuant to the Option shall be bound by this Section 4.

  • Investigation Period The first sentence of Section 4.1 of the Purchase Agreement is hereby deleted in its entirety and the following is hereby substituted in lieu thereof: “During the time period commencing upon the Effective Date of this Agreement, and terminating at 11:59 p.m. on October 18, 2012 (the “Investigation Period”), Buyer shall have the right to conduct and complete an investigation of all matters pertaining to the Property and Buyer’s purchase thereof including, without limitation, the matters described in this Section 4.1.”

  • Agreement Term The term “

  • Evaluation Period Until 5:00 p.m. Eastern time on August 16, 2002 (the "Evaluation Period"), Purchaser and its authorized agents and representatives (for purposes of this Article V, the "Licensee Parties") shall have the right, subject to the right of any Tenants, to enter upon the Real Property at all reasonable times during normal business hours to perform an inspection of the Real Property, the Improvements and the Personal Property. Purchaser will provide to Seller notice (for purposes of this Section 5.1(a), an "Entry Notice") of the intention of Purchaser or the other Licensee Parties to enter the Real Property at least 24 hours prior to such intended entry and specify the intended purpose therefor and the inspections and examinations contemplated to be made and with whom any Licensee Party will communicate. At Seller's option, Seller may be present for any such entry and inspection. Purchaser shall not communicate with or contact any of the Tenants or any of the Authorities without the prior written consent of Seller, which consent shall not be unreasonably withheld or delayed. If Purchaser shall elect to communicate with any of the Authorities and Seller consents thereto, Purchaser shall give Seller prior notice thereof, and Seller and Seller's representatives shall have the right, but not the obligation, to attend, and participate in, all such meetings. Notwithstanding anything to the contrary contained herein, no so-called Phase II environmental physical testing or sampling shall be conducted during any such entry by Purchaser or any Licensee Party upon the Real Property without Seller's specific prior written consent, which consent shall not be unreasonably withheld or unduly delayed. TIME IS OF THE ESSENCE with respect to the provisions of this Section 5.1.

  • Closing Period “Pre-Closing Period” shall mean the period commencing as of the date of the Agreement and ending on the Closing Date.

  • Tolling Period If it becomes necessary or desirable for the Corporation to seek compliance with the provisions of Section 14.2 by legal proceedings, the period during which Grantee shall comply with said provisions will extend for a period of twelve (12) months from the date the Corporation institutes legal proceedings for injunctive or other relief.

  • Retention Period Unless earlier terminated as hereinafter provided, this Agreement shall commence on the Effective Date hereof and shall end on March 31, 2016 (the “Retention Period”). This Agreement shall not be considered an employment agreement and in no way guarantees Executive the right to continue in the employment of the Employer or its affiliates. Executive’s employment is considered employment at will, subject to Executive’s right to receive payments upon certain terminations of employment as provided below.

Time is Money Join Law Insider Premium to draft better contracts faster.