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Current Term definition

Current Term means the longer of (i) the two year period beginning at the time of termination or (ii) the unexpired term of this Agreement at the time of the termination, determined as provided in Section 2 but assuming that there is no automatic extension of the Agreement term after the termination. For purposes of this Section 13.D. and Section 13.E., "Change in Control" means a change in control as defined in Employer's 1998 Long Term Incentive Plan.
Current Term means the longer of (i) the three year period beginning at the time of termination or (ii) the unexpired term of this Agreement at the time of the termination, determined as provided in Section 2 but assuming that there is no automatic extension of the Agreement term after the termination.
Current Term means the one year period beginning at the time of termination.

Examples of Current Term in a sentence

  • The Client shall pay OCWA the annual Estimate for each Year of the Initial Term or any Current Term, in twelve (12) equal monthly payments, in advance, on the first day of each month.


More Definitions of Current Term

Current Term means the two year period beginning at the time of the termination of this Agreement.
Current Term is defined in Paragraph 4(c) under Schedule D of this Agreement.
Current Term means the one year period beginning at the time of the termination of this Agreement.
Current Term has the meaning set forth in Section 13(a) hereof.
Current Term means the two year period beginning at the time of termination.
Current Term is defined in section TERM. "Delivery Date" is defined in section ORDERS.
Current Term means the Initial Term, or if the Contract has been renewed, the term of the Agreement currently in force.