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.

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

  • 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.

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

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.

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

  • Project Year means the twelve-month period beginning from the Effective Date and ending twelve months thereafter (the First Project Year), and any twelve-month period beginning at the end of the First Project Year, or the end of subsequent Project Years;

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

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