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 addition, the parties agree that the Company may unilaterally amend this provision at any time to comply with applicable law or securities exchange listing rules, as the same may be in effect from time to time, during the Current Term or the Extended Term of this Agreement.

  • Unless an Investment Company or the Custodian gives written notice to the other party of its intent not to renew this Agreement and such notice is received by the other party not less than ninety (90) days prior to the expiration of the Current Term or the then-current Renewal Term (a "Non-Renewal Notice") this Agreement shall automatically renew in accordance with its terms.

  • In the event an Investment Company or the Custodian provides a timely Non-Renewal Notice, this Agreement shall terminate with respect to such Investment Company at 11:59 PM (Eastern time) on the last day of the Current Term or applicable Renewal Term, as applicable.

  • The Current Term is subject to extension in accordance with the provisions of Paragraph 15 of this Agreement.

  • If the Current Term of this Agreement expires without there having been a Change in Control, this Agreement shall be renewed for successive one-year terms, as of the day following such expiration, unless, during the period beginning ninety (90) days prior and ending thirty (30) days prior to such day, either the Company or Executive shall have given notice to the other that this Agreement will not be renewed.


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 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 Initial Term, or if the Contract has been renewed, the term of the Agreement currently in force.