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 that Vendor enters into an agreement with the Village to renew the municipal aggregation agreement before the expiration of the Initial Term, between 30 and 60 days prior to the end of the Initial Term or a Renewal Term (whichever is in effect, hereinafter the "Current Term"), Vendor may send Customer an offer for a Renewal Term.

  • Unless otherwise agreed in writing by the Parties or as specified in the Order Form, the fees are payable in advance on an annual basis, within thirty (30) calendar days of the beginning of the Current Term.

  • If Customer rejects the Offer in the manner directed in the Offer, ▇▇▇▇▇▇▇▇'s Accounts will be returned to Utility service at the end of the Current Term.

  • The District may add additional Student subscriptions through an Expansion, at the price per student set forth in the Order Form for the Current Term.

  • Fees may be increased by Paper by notification to the Notification Email Address at any point during the Current Term, with the increase taking effect during the following Renewal Term.


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 the termination of this Agreement.
Current Term is defined in Paragraph 4(c) under Schedule D of this Agreement.
Current Term means the two year period beginning at the time of termination.
Current Term has the meaning set forth in Section 13(a) hereof.
Current Term is defined in section TERM. "Delivery Date" is defined in section ORDERS.
Current Term means the period from the effective date of this Lease until the Current Expiration Date.