Business Commencement Date definition

Business Commencement Date means the date on which the Tenant shall commence its business at the Demised Premises as set out in Section 4(c) of Schedule A hereto;

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Business Commencement Date means the first date on which the Company or any Affiliate, licensee or sublicensee of the Company makes a commercial sale of any Product within the Field of Activity in the Territory that would generate a payment to the Partnership or the Class A Limited Partners.

Business Commencement Date means July 1, 2016.

Examples of Business Commencement Date in a sentence

• Prior to the fifth anniversary of the Business Commencement Date, a party shall be entitled to sell, assign, pledge or otherwise transfer its shares of JVCo capital stock only with the prior written approval of the other party.

• The State shall maintain the agreements listed in Exhibit 5-1 from the Airport Operating Business Commencement Date throughout the Airport Operating Business Period and if these agreements are no longer required or when a change becomes necessary, the State shall deal with such agreements through consultation with the Operating Right Holder.

• From the Business Commencement Date, Yatra agrees and undertakes to use the Galileo System as its GDS and generate Target Segments (as defined hereinafter) on the Galileo System, in each Contract Year during the Term of this Agreement.

• Neither Republic of Kazakhstan nor any agency, ministry or instrumentality of the Republic of Kazakhstan nor any other entity affiliated with the Republic of Kazakhstan nor BeCeT nor any of its partners or owners (collectively, the "Non-competing Parties") shall engage or participate in, or attempt to engage or participate in, either directly or indirectly, the business of cellular telephone communications within the Republic of Kazakhstan prior to the fifth anniversary of the Business Commencement Date.

• Yatra hereby grants to IGT the non-exclusive right to use, from Business Commencement Date, Yatra’s name, logo, and marks in promotional and marketing materials (e.g. sales presentation, customer newsletters) of IGT and/or its affiliates.

• In the event Yatra fails to start using Galileo System as its GDS with effect from the Business Commencement Date in terms of Clause 2.2(a), Yatra shall be obliged to refund to IGT, the entire Upfront Advance and Sign Up Bonus paid by IGT to Yatra, together with interest @ 12% per annum, within 15 (fifteen) days of the Business Commencement Date.

• The Transferor shall deliver the Goods to the Transferee on the Airport Operating Business Commencement Date on the condition that the Transferor has confirmed the Transferee’s payment stipulated in the preceding article, and the Transferee shall be obligated to promptly receive the Goods.

• However, if the Airport Operating Business Commencement Date is later than the Airport Operating Business Scheduled Commencement Date, the State may change the period for the permission for such use for a period stipulated by the State.

• None of the Non-competing Parties shall encourage or assist in any manner, either directly or indirectly, any person or entity from engaging or participating in the business of cellular telephone communications within the Republic of Kazakhstan prior to the fifth anniversary of the Business Commencement Date.

• Each party hereto hereby consents to the sale, assignment, pledge, or other transfer of the other party's shares of JVCo capital stock after the fifth anniversary of the Business Commencement Date.

More Definitions of Business Commencement Date

Business Commencement Date shall have the meaning set forth in Section 1.4.3.

Business Commencement Date means the final date by which CBC shall open for business as described in Section 6.

Business Commencement Date means the final date by which 4R shall open for business as described in Section 6.

Business Commencement Date means the first date on which Tenant conducts business in the Premises; provided, however, that for purposes of this Section 1.3.2, the operation of a data center and server room in the Premises shall not, by itself, be deemed to constitute the conduct of business in the Premises by Tenant so long as not more than seven (7) persons claiming by, through or under Tenant occupy the Premises. During the period beginning on the Delivery Date (defined below) and ending on the date immediately preceding the Commencement Date, all of the provisions hereof shall apply; provided, however, that during such period (a) Tenant shall not be required to pay Monthly Rent (defined in Section 3), and (b) Tenant may not conduct business in the Premises. As used herein, the “Delivery Date” means the date on which Landlord tenders possession of the Premises to Tenant free from occupancy by any party. Landlord shall cause the Delivery Date to occur not later than the first (1st) business day after the date of mutual execution and delivery hereof.

Business Commencement Date means the date of commencement of business of the Property, which is tentatively set to be 1 October 2021 and no later than 365 calendar days after the Delivery Date.