First Additional Term definition

First Additional Term shall have the meaning set forth in Article 3.3.
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First Additional Term has the meaning ascribed to it in Section 21.2.
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First Additional Term. Six percent (6%) Second additional term Six and one-half percent (6.5%) Third additional term: Seven percent (7%) Fourth additional term: Seven and one-half percent (7.5%) Fifth additional term: Eight percent (8%) Royalties would be increased by one-half percent (1/2%) should any release reach gold sales status and an additional increase of one-half percent (1/2%) for a total of one percent (1%) should any release reach platinum sales status.
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Examples of First Additional Term in a sentence

  • The License Fee for the Term and any Additional Terms is set forth below Initial Term: $ per year First Additional Term: $ per year Second Additional Term: $ per year Third Additional Term: $ per year Fourth Additional Term: $ per yearAll of Licensee’s monetary obligations set forth in this Agreement are conditioned upon Licensee’s receipt of an accurate and executed W-9 Form from Licensor.

  • If this Agreement is renewed for the First Additional Term, then the First Additional Term shall commence on July 23, 2016, and the Agreement shall expire and terminate automatically without further notice on July 22, 2019.

  • From powder X-ray diffraction analysis, it has been confirmed that the grown pure sodium nitrate crystal belongs to rhombohedral system.

  • As used in this Lease, the “Term” means, collectively, the Initial Term, the First Additional Term (if applicable) and the Second Additional Term (if applicable).

  • After the Initial Term, the Agreement shall be extended for two additional one-year terms (the "First Additional Term" and the "Second Additional Term," respectively), unless the Executive provides written notice of election not to renew at least 45 days before the commencement of the First Additional Term and the Second Additional Term, respectively.

  • The First Additional Term Annual Base Rent shall be payable in equal monthly installments in advance on or before the first day of each calendar month during the First Additional Term.

  • The Administrative Agent shall have received for the account of the First Additional Term Lenders, upfront fees in an amount equal to 0.25% of the First Additional Term Commitments (which, at the election of such First Additional Term Lenders, may take the form of original issue discount).

  • The proceeds of the First Additional Term Loans will be used for general corporate purposes.

  • For U.S. federal income tax purposes, the Borrower, any First Additional Term B Lender and the Administrative Agent agree to treat the First Additional Term Loans as a “qualified reopening” (within the meaning of Treasury Regulations section 1.1275-2(k)) of, and fungible with, the Initial Term Loans.

  • The Contractor shall provide the following items to CNH, along with the requests for a First Additional Term and Second Additional Term: (i) a proposal for modification of the applicable Development Plans that will include a proposal for the Risk Management Program that will include the reservoirs maturity degree; (ii) a Work Program for implementation of the proposed project; (iii) a Budget for the proposed Work Program, and (iv) the production profile anticipated as a result of the proposed Work Program.


More Definitions of First Additional Term

First Additional Term is defined in Section 8.1.2 of this Agreement.
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First Additional Term shall have the meaning set forth in Section 14.1.
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First Additional Term. As defined in Section 2.1(a) hereof.
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Related to First Additional Term

  • Additional Term means that term commencing on the last day of the Basic Term and terminating one (1) year thereafter.

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

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Extension Term means the time period defined in §2.C.

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

  • Additional Terms means any additional terms agreed in writing amending, varying or agreeing additions to these Terms;

  • Renewal Term has the meaning set out in Section 9.1.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

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

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

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

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”

  • Optional Termination Price On any date after the Initial Optional Termination Date, an amount equal to the sum of (A) the aggregate Stated Principal Balance of each Mortgage Loan (other than any Mortgage Loan that has become an REO Property) as of the Distribution Date on which the proceeds of the Optional Termination are distributed to the Certificateholders, plus accrued interest thereon at the applicable Mortgage Rate as of the Due Date preceding the Distribution Date on which the proceeds of the Optional Termination are distributed to Certificateholders and the fair market value of any REO Property, plus accrued interest thereon as of the Distribution Date on which the proceeds of the Optional Termination are distributed to Certificateholders, (B) any unreimbursed out-of-pocket costs and expenses owed to the Master Servicer, the Trustee or the Securities Administrator (including any amounts incurred by the Securities Administrator in connection with conducting the Auction), a Servicer or the Master Servicer and any unpaid or unreimbursed Servicing Fees, Monthly Advances and Servicing Advances, (C) any unreimbursed costs, penalties and/or damages incurred by the Trust Fund in connection with any violation relating to any of the Mortgage Loans of any predatory or abusive lending law and (D) in the event an Auction has been conducted, all reasonable fees and expenses incurred by the Securities Administrator to conduct the Auction.

  • Resolution Extension Period As defined in Section 2.03(b).

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Extended Period As defined in Section 9.04(b).

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Lease Termination Date means the last day of the Lease Term.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.