Annual Renewal Terms definition

Annual Renewal Terms. Annual renewal rate of $35,000 will be set for 3 years. Each year an invoice will be sent July 1st, due July 31st for continued access to the Online Priority Based Budgeting tools. Either party may terminate this agreement, at any time, with a minimum of a written 30-day notice (with the ability to re-subscribe again at any time, subject to the current subscription rates at that time). Resource Exploration City of Lawrence, Kansas
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Examples of Annual Renewal Terms in a sentence

  • Lastly, Riley argues that she did not have the requisite intent to commit § 1341 mail fraud (Counts 1–3) and that the evidence only supported a conclusion that Riley intended to comply with her contractual obligations as she understood them with the advice of counsel.

  • After the Initial Term, and subject to any New SkyMall Distribution Center Renewal Term as stated in the SECTION on NEW SKYMALL DISTRIBUTION CENTER RENEWAL TERM, this Agreement shall renew automatically for periods of one (1) year (the "Annual Renewal Terms"), unless terminated earlier by either Party pursuant to the terms and conditions of this Agreement.

  • Except as set forth in this Agreement, Membership Fees are non‐refundable and Customer agrees to pay the total amount of the initial one‐year Membership Fee and any Annual Renewal Terms regardless of whether Customer continues to use the Program during any such period or discontinues such use at any time during any such period.

  • The Term of this Agreement shall consist of the Initial Term, any New SkyMall Distribution Center Renewal Term, and any Annual Renewal Terms (the "Term of this Agreement").

Related to Annual Renewal Terms

  • 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.

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

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

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

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

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

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

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

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Extension Term means the time period defined in §2.C.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

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

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”

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

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

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Renewal Option has the meaning set forth in §12.1.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Renewal Date means the effective date of Renewal. The first Renewal Date shall be the date as specified in the Policy Schedule (which shall not be later than the first anniversary of the Policy Effective Date) and the subsequent Renewal Date(s) shall be the anniversary(ies) of the first Renewal Date. The relevant Renewal Date shall be specified in the notification of Renewal in accordance with Section 3 of Part 4.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.