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 July 1, 2016.
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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.
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Examples of Business Commencement Date in a sentence

  • The Operating Right Holder shall commence the Airport Operating Business on the Airport Operating Business Commencement Date set out in the Project Agreement.

  • The Operating Right Holder will acquire the Assets for Transfer to the Operating Right Holder on the Airport Operating Business Commencement Date.

  • The State shall acquire these assets from the parking facility operator on the Airport Operating Business Commencement Date and transfer them to the Operating Right Holder.

  • In order to secure a preferred right of the City to purchase the Building Facilities upon expiration of the Airport Operating Business Period, the operator shall, after the Building Facility Business Commencement Date and without delay, have the Building Facility operator enter into a purchase option agreement concerning the Building Facilities with the City in which the City shall have an option to purchase.

  • The research shows that there is a 20% higher premature death rate for those living in the North of England compared to their southern counterparts across all age groups, with premature death rates soaring for those aged 35-44 (up to 49%) since the mid-nineties.

  • 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.

  • 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.

  • Each twelve (12) month period starting on the Business Commencement Date or any anniversary of such 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.


More Definitions of Business Commencement Date

Business Commencement Date means the final date by which CBC shall open for business as described in Section 6.
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Business Commencement Date shall have the meaning set forth in Section 1.4.3.
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Business Commencement Date means the final date by which 4R shall open for business as described in Section 6.
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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.
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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.
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Related to Business Commencement Date

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • Offering Commencement Date means the first day of each Offering Period.

  • Commencement Date means the date of this Agreement;

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Service Commencement Date means the date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Tariff, Part II, section 15.3 or Tariff, Part III, section 29.1.

  • Framework Commencement Date means [insert date dd/mm/yyyy];

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Issuer Call Commencement Date means the first Business Day following the three year period from and including the Issue Date;

  • Lease Commencement Date means the Closing Date. The “Lease Expiration Date” shall mean the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Billing Commencement Date means the earlier of:

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Reemployment Commencement Date means the first day following a One-Year Period of Severance on which an Employee is entitled to be credited with an Hour of Service described in Paragraph (a)(1) of the definition of “Hour of Service” in this Article.

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Recommencement Date As defined in Section 6(d) hereof.

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Annuity Commencement Date is the first day of the month an annuity begins under this contract. This date may not be later than the date a Participant's periodic benefits are required to commence under the Code.