Initial Operations Period definition

Initial Operations Period means the 5.5-year period commencing on the date this Agreement is executed, which is anticipated to start on or about October 2021 and end April 2027.
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Initial Operations Period means the two-year period following SBN Acceptance.
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Initial Operations Period has the meaning set forth in Section III.B of this Agreement.
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Examples of Initial Operations Period in a sentence

  • For each SBN, Contractor hereby grants to MSV an option to purchase, for the price specified in Article 4.3, the Spares identified in Exhibit L, at any time prior to the later of the end of the Initial Operations Period, or any Ground Segment operations and maintenance extension.

  • Following the Initial Operations Period, Contractor shall, at MSV’s option, and renewable on an annual basis, perform software warranty services.

  • For each SBN, Contractor hereby grants to MSV an option to purchase, for the price specified in Article 4.3, an annually renewable extended warranty for Ground Segment components and any ground-based Space Segment hardware, commencing after the end of the Initial Operations Period for such SBN.

  • If a Virus is present in the Ground Segment at Acceptance, or upon delivery of an update or item replaced during the warranty period, or at any time during the Initial Operations Period, Contractor shall remove the Virus, assist MSV in reducing the effects of the Virus, and assist MSV with mitigating and restoring any such losses of operational efficiency or data that arise as a result of Virus, all at Contractor’s expense.

  • For each SBN, Contractor hereby grants to MSV an option to purchase, for the price specified in Article 4.3, an annually renewable software warranty for the software Deliverable Items (except to the extent such software is on the Satellite and is therefore inaccessible), commencing after the end of the Initial Operations Period for such SBN.

  • This Agreement shall automatically extend for a further twenty five (25) years, or such other period as the Parties shall agree in writing from the end of the Initial Operations Period.

  • After the Initial Operations Period and at MSV’s request, Contractor shall sell additional spare parts (those not included in the then-current replenished spare parts inventory) to MSV and/or its Service Providers on commercially reasonable terms and prices.

  • Following the Initial Operations Period, Contractor shall, at MSV’s option and renewable on an annual basis, provide an extended warranty for the Ground Segment and/or components.

  • For each SBN, Contractor hereby grants to MSV an option to purchase, for the price specified in Article 4.3, annually renewable Ground Segment operations and maintenance services, as further described in Exhibit A, L-Band Space Based Network Statement of Work, commencing after the end of the Initial Operations Period for such SBN.

  • The Initial Operations Period is understood as the period during which the ▇▇▇ Beamlines Facility will gradually make its capabilities available to ▇▇▇ ▇▇▇▇, perform with ▇▇▇ ▇▇▇▇ the activities involved in the operation of the ▇▇▇ Beamlines Facility and prepare for the eventual handover of direct operational responsibility to ▇▇▇ ▇▇▇▇.

Related to Initial Operations Period

  • Operations Period means the period commencing from COD and ending at the expiry of the Concession or Termination.

  • Initial Operation means the first integral operation of the complete equipment covered under the Contract with the sub-system and supporting equipment in service or available for service.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC.