Contract Initial Period definition

Contract Initial Period means the initial term of this Contract from the Contract Commencement Date to the end date of the initial term stated in the Contract Order Form;
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Examples of Contract Initial Period in a sentence

  • Period of Contract: Initial Period of contract shall be 2 (two) years from the date of placement of order and WBSEDCL may renew the period of contract for further two years in- continuation and so on depending upon the performance of previous years of the bidder at the same terms and conditions (provision for rate negotiation and bandwidth enhancement will be considered) of the Letter of Award (LOA) placed on successful bidder which shall be accepted by the bidder without imposing any conditions.

  • All Buyers are expected to have arrangements in place to move off the PSN and the PSN DNS at the end of the Call-Off Contract Initial Period.

  • Where the Contract Initial Period is less than forty-eight (48)] months a customer may elect to extend.

  • Where the Contract Initial Period is less than sixty (60) months, a contracting authority may elect to extend.

  • Article 2 of the Order (and in some instances, the Licence Conditions (only)), define a number of terms for the purposes of this remedy, including Auto-Rollover Contract, Initial Period, Roll-Over Period and Relevant Notice Period.

  • Where the Contract Initial Period is less than forty-eight (48) months a customer may elect to extend.

  • Brayton, Combinational verification based on high-level functional specifications.

Related to Contract Initial Period

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • 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.

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Development Phase means the period before a vehicle type is type approved.

  • Commencement of Commercial Production means the first occurrence of Commercial Production in an Area.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Trial Period means a working test period after promotion, voluntary demotion, or intra-agency lateral transfer during which a classified employee is required to demonstrate satisfactory performance in the job to which promoted, voluntarily demoted, or transferred before acquiring permanent status in the job.

  • Annual Period has the meaning stated in Section 4.3(e).

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • 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;

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Commercial project means any project, including, but not

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

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

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

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;