Improvement Period definition

Improvement Period has the meaning set out in Clause 5.1;
Improvement Period means from the Effective Date until the [***](unless extended by mutual agreement in writing by the Parties for an additional [***]);
Improvement Period shall have the meaning set forth in Section 9.3.

Examples of Improvement Period in a sentence

  • The summary must also identify the first year and the last year of the Funding Improvement Period or the Rehabilitation Period.

  • If an extended Funding Improvement Period (of 13 or 18 years) or Rehabilitation Period (of 13 years) applies because of an election under section 205 of the Worker, Retiree, and Employer Recovery Act of 2008 (“WRERA”), the summary must include a statement to that effect and the date that the election was filed with the IRS.The summary must also include a schedule of the expected annual progress for the funded percentage or other relevant factors under the Funding Improvement Plan or Rehabilitation Plan.

  • The abatement contained in this Section 4.1 shall not apply to the Facility Improvement Work and the Facility Improvement Period which shall be governed by Article 16.

  • All representations, warranties, covenants, agreements, releases and waivers made by or on behalf of the Borrowers or any Guarantor under this Amendment shall survive and continue after the expiration or termination of the Improvement Period.

  • Tenant shall be entitled to an abatement of Basic Rent for the period that the Parking Facility is not available for use by Tenant after expiration of the Facility Improvement Period.


More Definitions of Improvement Period

Improvement Period means the period within which the senior officer’s performance is required to improve specified in an improvement notice and includes a first improvement period, a final improvement period and an extended final improvement period (see regulation 8);
Improvement Period means a period commencing as of the Effective Date and ending (i) upon the lapse of [**] from the Effective Date, or, (ii) at Licensor’s discretion, earlier upon the [**].
Improvement Period means the period between the beginning of the acquisition, construction, installation, renovation and equipping of the Project or the date on which the Bonds are delivered to the Original Purchaser, whichever is earlier, and the date on which the Project is substantially completed, as certified to the Trustee by the University.
Improvement Period has the meaning given in Clause 2.7.1;
Improvement Period means the period of time beginning on the Agreement Date and expiring on the [*] of the Agreement Date.
Improvement Period means, with respect to a Licensed Product, the period beginning on the applicable Exercise Effective Date for the Licensed Collaboration Candidate contained in such Licensed Product and ending on the earlier of (a) the [***] anniversary of the Exercise Effective Date for the Licensed Collaboration Candidate contained in such Licensed Product; or (b) the last day of the Exclusivity Period with respect to the applicable Janssen Antigen; provided, however, that if Janssen does not commence a Clinical Trial for any Licensed Product with respect to the applicable Janssen Antigen within [***] years after the date on which the IND becomes effective in the U.S. under 21 C.F.R. 312.40 for the first such Licensed Product with respect to such Janssen Antigen, then the Improvement Period for each Licensed Product with respect to such Janssen Antigen shall end on the last day of such [***] year period, unless Janssen does not commence a Clinical Trial during such [***] year period due to Fate’s failure to perform any of its obligations under this Agreement in a timely manner or due to a circumstance that is outside Janssen’s reasonable control.
Improvement Period means the period starting on the Effective Date and continuing until three years after the Effective Date. Initial Public Offering means the initial listing of the majority of the shares in LAVA on a recognized stock exchange, including but not limited to the closing of the sale of LAVA Common Shares to the public in a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933, as amended.