Examples of Firm Term in a sentence
The Non-Firm Term is that part of the Lease term following the end of the Firm Term.
The Firm Term is that part of the Lease term that is not subject to termination rights.
The Non-Firm Term is that part of the Lease term following the end of the Firm Term.
The Firm Term is that part of the Lease term that is not subject to termination rights.
Initial Term has the meaning set forth in Section 7.1.
Minimum Term means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.
Negotiation Period has the meaning given in Clause 5.10;
Contract Term means period of performance set forth in the paragraph entitled “Term” contained in Exhibit E.
Primary Term means for the purposes of any Service provided under any Schedule of Service under:
Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;
Marketing Period means the first period of 15 consecutive Business Days throughout and at the end of which Purchaser shall have the Required Financial Information and such Required Financial Information shall be Compliant; provided that (i) such period shall commence no earlier than the earlier of (x) January 23, 2017 (which day shall be automatically extended on a day-by-day basis for each day (without duplication) after January 20, 2017 that either (A) the Audited Interim Financial Statements (or the 2016 Audited Financial Statements) have not been delivered to Purchaser or (B) the Restructuring Phase I Completion Date has not occurred, and (y) the first date that the conditions set forth in Section 8.1 shall be satisfied and nothing has occurred and no condition exists that would cause any of the conditions set forth in Section 8.2 (other than conditions that by their nature cannot be satisfied until the Closing) to fail to be satisfied assuming the Closing Date were to be scheduled for any time during such 15 consecutive Business Day period, (ii) neither November 25, 2016 nor July 3, 2017 shall be deemed a Business Day for purposes of calculating such period (it being understood that if such day occurs after the commencement of such period, it shall be disregarded for purposes of calculating the consecutive Business Days constituting such period), (iii) if such period has not ended prior to December 19, 2016, then it will not commence until January 3, 2017 and (iv) if such period has not ended prior to August 19, 2017, then it will not commence until September 5, 2017. Notwithstanding anything in this definition to the contrary, the Marketing Period shall not commence or be deemed to have commenced if, following the delivery of the Required Financial Information but prior to the completion of such 15 consecutive Business Day period: (A) Seller has publicly announced its intention to, or determines that it must, restate any historical financial statements or other financial information included in the Required Financial Information, in which case, the Marketing Period shall not commence unless and until such restatement has been completed and the applicable Required Financial Information has been amended and updated; (B) the Transferred Company’s independent accountants shall have withdrawn any audit opinion with respect to any financial statements contained in the Required Financial Information, in which case the Marketing Period shall not be deemed to commence unless and until a new unqualified audit opinion is issued with respect to such financial statements for the applicable periods by the Transferred Company’s independent accountants or another independent accounting firm of national reputation; or (C) any such Required Financial Information would not be Compliant at any time during such 15 consecutive Business Day period (it being understood that if any Required Financial Information provided at the commencement of the Marketing Period ceases to be Compliant during such 15 consecutive Business Day period, then the Marketing Period shall be deemed not to have commenced until such Required Financial Information is Compliant); provided, further that if Seller shall in good faith reasonably believe it has provided the Required Financial Information, it may deliver to Buyer a written notice to that effect (stating when it believes it completed such delivery), in which case Seller shall be deemed to have complied with the foregoing requirements and the Marketing Period shall be deemed to have commenced on the date of delivery of such notice unless Buyer in good faith reasonably believes Seller has not completed the delivery of the Required Financial Information and that the Marketing Period has not commenced and, within three (3) Business Days after the delivery of such notice by Seller, delivers a written notice to Seller to that effect (stating with reasonable specificity which Required Financial Information Seller has not delivered).
Delivery Term has the meaning set forth in Section 1.1(b).
Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.
Renewal Term has the meaning set out in Section 9.1.
Agreement Term has the meaning set forth in Section 11.1.
Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.
Evaluation Period has the meaning ascribed to such term in Section 5.1.
Launch Date has the meaning specified therefor in Section 2.02(b) of this Agreement.
Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).
Development Period means the period from the date of this Agreement until the Appointed Date;
Offering Commencement Date means the first day of each Offering Period.