Agreement Initial Term definition

Agreement Initial Term means an initial term of ten (10) years.
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Agreement Initial Term means a term of seven years commencing on the date this Agreement commences pursuant to clause 2.1
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Agreement Initial Term. From Agreement Effective Date and continuing for five (5) years thereafter, unless terminated earlier in accordance with the provisions of the Service Agreement. If MLP decides not to renew after the Initial Term, six (6) months’ notice is required prior to expiration of the Agreement Initial Term. ● “Agreement Renewal Term”: The Service Agreement will automatically renew thereafter for additional three (3) year terms, unless six (6) months’ notice of termination is provided by MLP prior to the expiration of the then-current Term.
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Examples of Agreement Initial Term in a sentence

  • The length of this Agreement’s initial term is designated in the TeleCheck Services Application and Agreement (Initial Term).

  • This Agreement shall commence as of the Effective Date, and, if not lawfully terminated sooner, remain in full force and effect for the Agreement Initial Term.

  • The term of this Engagement Schedule commences on the Effective Date and continues for a period of eight (8) consecutive calendar years thereafter, the anniversary date being December 31st such that the term years of the Engagement Schedule are synchronized with calendar years, unless terminated earlier in accordance with its terms and/or the Agreement ("Initial Term").

  • Prices shall remain firm for at least the first twenty-four (24) months of the Agreement Initial Term unless improved for the benefit of Members.

  • After the first twenty-four (24) months of the Agreement Initial Term, the Supplier may request pricing and/or discount changes or increases.

  • The initial term of this Agreement ("Initial Term") begins on the Effective Date and ends on March 31, 2000.

  • The Agreement shall be effective for an initial term from and including the Effective Date through the date specified as the Agreement Initial Term End Date on the Cover and Signature Page, unless terminated earlier in accordance with the terms of the Agreement.

  • The term of this Agreement ("Initial Term") shall be one (1) year from its Effective Date.

  • The term of this Engagement Schedule commences on the Effective Date and continues for a period of four (4) consecutive calendar years; thereafter, the anniversary date being December 31st such that the term years of the Engagement Schedule are synchronized with calendar years, unless terminated earlier in accordance with its terms and/or the Agreement ("Initial Term").

  • Unless terminated earlier as set forth in this Agreement, this Agreement shall continue in force for one (1) year from the Effective Date of the Agreement ("Initial Term").


More Definitions of Agreement Initial Term

Agreement Initial Term means an initial term of seven (7) years.
Sample 1
Agreement Initial Term means the period commencing upon the Effective Date and ending on the last day of the calendar year in which the tenth (10th) anniversary of the Effective Date occurs. By way of example, if the Effective Date were July 1, 2019, then the Agreement Initial Term would expire on December 31, 2029.
Sample 1

Related to Agreement Initial Term

  • Initial Term has the meaning set forth in Section 7.1.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Initial Contract Period means the period from the Commencement Date to the date of expiry set out in clause A2 (Initial Contract Period), or such earlier date of termination or partial termination of the agreement in accordance with the Law or the provisions of the Contract.

  • Period of Agreement means 5 years from the date of Final acceptance of the Project.

  • Additional Term means that term commencing on the last day of the Basic Term and terminating one (1) year thereafter.

  • Agreement Period means the period between the Agreement Date and the Expiry Date, unless terminated earlier on the Termination Date;

  • Agreement Term has the meaning set forth in Section 11.1.

  • Renewal Term has the meaning set out in Section 9.1.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Extended Terms shall have the meaning given such term in Section 2.4.

  • Minimum Term means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Order Form Term means the duration of an Order Form.

  • Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

  • Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Services Term means the period during which you are entitled by Red Hat to use, receive access or consume a particular Red Hat Product pursuant to an Order Form or Business Partner order.

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Term of the Agreement shall have the same meaning as provided for in Article 7 of this Agreement.

  • Exclusivity Period shall have the meaning set forth in Section 6.11.

  • Contract Term means period of performance set forth in the paragraph entitled “Term” contained in Exhibit E.

  • Agreement Effective Period means, with respect to a Party, the period from the Agreement Effective Date to the Termination Date applicable to that Party.

  • Basic Term shall have the meaning specified in Section 2.2 of the Lease.