Expiring Term definition

Expiring Term means, when used in the context of any Option to Renew, the Term as it is then scheduled to expire (immediately prior to exercise of the next available Option to Renew).
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Expiring Term means, at the time of reference, the Term as it is then scheduled to expire.
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Expiring Term means, when used in the context of the Option of Renew, the Initial Term. 1.29.
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Examples of Expiring Term in a sentence

  • Notwithstanding anything to the contrary contained herein, following any such relocation, neither the amount of Basic Rent payable by the Tenant hereunder during the Expiring Term nor the Tenant’s Share of Taxes, Operational Expenses or Annual Amortized Capital Expenditures payable by the Tenant hereunder during the Expiring Term shall be increased in the event that the gross rentable square footage of the substitute new premises is greater than that of the original Leased Premises.

  • If the option is properly exercised, the period to which it relates shall commence upon the end of the Expiring Term.

  • The periods to which these options relate shall respectively commence upon the end of the respective Expiring Term.

  • The respective options and the respective periods to which each option relates shall be consecutive and, if the respective option is properly exercised, the respective period to which it relates shall commence upon the end of the Expiring Term.

  • If the Option to Renew is properly exercised, the Renewal Term shall commence upon the end of the Expiring Term.


More Definitions of Expiring Term

Expiring Term means, when used in the context of any Option to Renew,
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Related to Expiring Term

  • Existing Termination Date as defined in Section 2.18.

  • Remaining Term means the remaining period in the term of this Agreement had the Agreement not been terminated (rounded to nearest month), up to a maximum of twenty (20) years.

  • Revolving Termination Date means the earlier to occur of:

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Initial Term has the meaning set forth in Section 7.1.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Initial Expiration Date shall have the meaning set forth in Section 1.1(d).

  • Term Expiration Date means the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an NFL Season or within thirty (30) days following an NFL Season, such date shall be automatically extended to the date that is thirty (30) days following the end of such NFL Season, as applicable, or (ii) the date on which the Stadium Lease is terminated pursuant to the express rights and terms of the Stadium Lease.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Extension Date has the meaning specified in Section 2.19(b).

  • Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Fixed Term shall have the meaning given such term in Section 2.3.

  • Release Expiration Date means the date that is twenty-one (21) days following the date upon which the Company timely delivers to Executive the Release (which shall occur no later than seven (7) days after the Date of Termination), or in the event that such termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days following such delivery date.

  • Agreement Term has the meaning set forth in Section 11.1.

  • Lease Expiration Date means the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Stated Termination Date means December 31, 2000.

  • a term s notice" means written notice given not later than the first day of the term preceding the term to which the notice relates;

  • License expiration date means June 30 of even-numbered years.

  • Grace Period Extension Date means, if:

  • Non-Compete Term means in the case of termination for any reason, the period from the Effective Date to the date ending 2 years following the date of termination.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • L/C Expiration Date means the day that is seven days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).