Initial Framework Agreement Period definition

Initial Framework Agreement Period means the period from the Commencement Date to the date of expiry set out in clause A2 (Initial Framework Agreement Period), or such earlier date of termination of the Framework Agreement in accordance with the Law or the provisions of the Framework Agreement.
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Examples of Initial Framework Agreement Period in a sentence

  • If the Parties are unable to agree a variation in the Price in accordance with clause 9.1, the Framework Agreement shall terminate at the end of the Initial Framework Agreement Period.

  • The Framework Agreement shall start on the Commencement Date and shall end on 31st March 2017, unless it is otherwise terminated in accordance with the provisions of this Framework Agreement, or otherwise lawfully terminated, or extended under clause 3.1 (extension beyond Initial Framework Agreement Period).

  • In the event that the Authority agrees to extend the Initial Framework Agreement Period pursuant to clause 3 (extension beyond Initial Framework Agreement Period) the Authority shall, in the 6 month period prior to the expiry of the Initial Framework Agreement Period or as the case may be, in such other period as may be appropriate, enter into discussion in good faith with the Contractor (for a period of not more than 30 Working Days) to agree a variation in the Price.

  • Any increase in the Price pursuant to clause 9.1 shall not exceed the percentage change in the Office of National Statistics’ Consumer Prices Index (CPI) (or another such index as may be specified in the Pricing Schedule) between the Commencement Date and the date 6 Months before the end of the Initial Framework Agreement Period.

  • The Price shall remain firm for the Initial Framework Agreement Period.

  • The provisions of the Framework Agreement will apply (subject to any Variation or adjustment to the Framework Agreement Price pursuant to clause 7 (Price adjustment on extension of the Initial Framework Agreement Period)) throughout any such extended period.

  • The Price shall apply for the Initial Framework Agreement Period.

Related to Initial Framework Agreement Period

  • Agreement Period means the period between the Agreement Date and the Expiry Date, unless terminated earlier on the Termination Date;

  • Agreement End Date has the meaning specified in Section 10.1(e).

  • Framework Agreement means the Clauses of this Framework Agreement together with the Framework Schedules and annexes to it;

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Initial Contract Period means the period from the Commencement Date to the date of expiry set out in clause A2 (Initial Contract Period), or such earlier date of termination or partial termination of the agreement in accordance with the Law or the provisions of the Contract.

  • (3) PROGRAM.—The term program’ means

  • Consent Period has the meaning set forth in Section 4.6(a).

  • Agreement Termination Date is defined in Section 7.4.

  • 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.

  • Wind-Down Period has the meaning set forth in Section 10.6(c).

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • Optional Extended Local Calling Scope Arrangement Traffic is traffic that under an optional Extended Local Calling Scope Arrangement chosen by the Customer terminates outside of the Customer’s basic exchange serving area.

  • Program Support Agreement means and includes any Liquidity Agreement and any other agreement entered into by any Program Support Provider providing for: (a) the issuance of one or more letters of credit for the account of any Conduit Purchaser, (b) the issuance of one or more surety bonds for which the such Conduit Purchaser is obligated to reimburse the applicable Program Support Provider for any drawings thereunder, (c) the sale by such Conduit Purchaser to any Program Support Provider of the Purchased Interest (or portions thereof) maintained by such Conduit Purchaser and/or (d) the making of loans and/or other extensions of credit to any Conduit Purchaser in connection with such Conduit Purchaser’s securitization program contemplated in this Agreement, together with any letter of credit, surety bond or other instrument issued thereunder.

  • Ramp Period The Ramp Period begins on the Effective Date and ends after three (3) full months. At all times during the Ramp period, Customer will receive the rates, discounts, charges and credits in the agreement and will not be subject to an AVC. Annual Volume Commitment (“AVC”): Customer agrees to pay Company no less than $2,836,000 in Total Service Charges in each twelve-month period during the Initial Term (“Contract Year”), which is the Annual Volume Commitment (“AVC”).

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

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

  • Three-Month Term SOFR Conventions means any determination, decision or election with respect to any technical, administrative or operational matter (including with respect to the manner and timing of the publication of Three-Month Term SOFR, or changes to the definition of “interest period,” timing and frequency of determining Three-Month Term SOFR with respect to each interest period and making payments of interest, rounding of amounts or tenors, and other administrative matters) that the Calculation Agent decides may be appropriate to reflect the use of Three-Month Term SOFR as the Benchmark in a manner substantially consistent with market practice (or, if the Calculation Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Calculation Agent determines that no market practice for the use of Three-Month Term SOFR exists, in such other manner as the Calculation Agent determines is reasonably necessary).

  • Collaborative agreement means a voluntary, written, or electronic arrangement between one

  • Development Agreement has the meaning set forth in the Recitals.

  • Run-out Period means a period after the close of a Plan Year or other period during which Participants in a flexible spending arrangement (FSA) may request reimbursement for expenses incurred during the Period of Coverage.

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • Joint Development Agreement has the meaning provided in Section 5.3.

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first distributed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period shall be specified in the Notice.

  • Implementation Period means the period from the date of signing of the Agreement and up to the issuance of Final Acceptance Certificate for the project.