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

  • In the event of a Customer Assignment without EO’s express written approval, EO may terminate this Agreement and/or any Order, suspend services to Customer or the Customer’s successor in interest, or otherwise treat the Customer Assignment as an automatic renewal of the Current Term.

  • Except as provided in an Order or herein, Customer may disconnect Services and terminate an Order upon the expiration of the Term by providing at least 60 days’ notice (or 30 days in the case of an Order with a Current Term of 30 days) prior to the expiration of the Term.

  • Unless otherwise agreed to in writing by the Customer, the Parties expressly understand and agree that the Updated MSA in place 60 days prior to the expiration of the Customer’s Current Term shall be binding and enforceable against the Parties upon the first day of the next Term.

  • Should a terminating Party not notify the other Party of their intent to terminate the Services at least thirty (30) days prior to the expiration of the Current Term, the Services and Agreement will continue in effect for an additional one (1) year term (“Default Extended Term”).

  • This surcharge will remain in effect until such time that the Current Term is one year or longer.


More Definitions of Current Term

Current Term means the two year period beginning at the time of the termination of this Agreement.
Current Term means the one year period beginning at the time of 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 1997 Long Term Incentive Plan.
Current Term means the one 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 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 means the Initial Term, or if the Contract has been renewed, the term of the Agreement currently in force.