Covenant Term definition

Covenant Term has the meaning set forth in Section 12.1(a).

Covenant Term means a period commencing on the date hereof and expiring two (2) years after the date Partner’s employment with the Company terminates, regardless of the reason (subject to being extended due to Partner’s breach under Section 7(f) below).

Covenant Term means a period beginning on the date hereof and ending on the date which is one year after the date on which this Agreement, or Employee's engagement hereunder, is terminated. (b) "Covenant Territory" shall mean the United States of America and its properties. (c) "Business of the Company" shall mean the development of information technology products or services designed for use in a medical context.

Examples of Covenant Term in a sentence

• Ground Lessor hereby acknowledges, consents, and agrees that the Parcel shall be subject to the terms of this Covenant for the Covenant Term, and any termination of any ground lease of the Parcel shall not extinguish or invalidate the terms hereof or the rights, benefits, duties, and burdens of the parties thereto.

• The undersigned, being the fee simple owner of the Parcel, hereby agrees as of the Effective Date that the Real Property shall be subject to the terms of this Covenant for the Covenant Term, and any termination of any ground lease for the Parcel shall not extinguish or invalidate the terms hereof or the rights, benefits, duties, and burdens of the parties thereto.

• Pursuant to the HID Laws, the Affordable Housing Units are required to be designed and administered in accordance with the Inclusionary Zoning Program for the Covenant Term.

• This Covenant is and shall be binding upon the Real Property and each Housing Unit and shall run with the land for the Covenant Term.

• This Covenant shall automatically terminate without the need for the recording of a release upon expiration of the Covenant Term.

More Definitions of Covenant Term

Covenant Term means a period beginning on the Closing Date (as defined in the Merger Agreement) and ending four (4) years thereafter.

Covenant Term means the five-year period from the Effective Date during which the Mexican Investors, each in their individual capacity, shall comply with the Mexican Investor Covenants.

Covenant Term means the period beginning on the Effective Date and ending five (5) years from the earlier termination of this Agreement pursuant to Sections 3(A) or 8; and (ii) "Covenant Territory" shall mean (a) any state other than California, Florida, New York and Illinois in which Buyer may conduct a grocery or restaurant business prior to the operation of such business by Thal, and (b) the states of California, Florida, New York and Illinois.

Covenant Term has the meaning set forth in Section 10.5(a).

Covenant Term means the Term of this Agreement and, in the event that Executive has not provided the required notice under Section 1(a) hereto of his intention not to renew this Agreement, for such additional period of months as Executive was required to give notice under Section 1(a) and failed to provide such notice (i.e., should Executive provide notice three (3) months before the end of the Term that he does not intend for this Agreement to renew for the Additional Term, the Covenant Term shall be a period of nine (9) months after the termination of this Agreement); further provided, however, that in the event Executive's employment is terminated pursuant to Section 1(b) hereof, the Covenant Term shall be extended to run contemporaneously with the period during which Executive receives payments under Section 1(b ).

Covenant Term means the period beginning at the Final Closing and ending at 11:59 p.m. Central Time on the three- (3) year anniversary of the Final Closing Date with respect to the covenants in Section 6.7(b), Section 6.7(c) and Section 6.7(d).

Covenant Term means, a period of fifteen (15) years following the Effective Date (unless terminated sooner pursuant to specific provisions of this Covenant Agreement.