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Initial Term Date definition

Initial Term Date means the date falling 12 months after the commencement of the Initial Term.
Initial Term Date means the date set forth on Exhibit 1.
Initial Term Date shall have the meaning assigned to that term in Section 3 of this Agreement.

Examples of Initial Term Date in a sentence

  • If you have repaid at least 75% of the Loan Amount on or prior to the Initial Term Date, the Bank will forgive the remaining balance of the Loan Amount as of the Initial Term Date provided that an Event of Default has not occurred.

  • The CEBA Loan can be repaid at any time without penalty and, if at least 75% of the CEBA Loan is paid prior to the Initial Term Date, the remaining balance of the CEBA Loan will be forgiven.

  • The CEBA Loan is non-revolving, with an interest rate being 0% per annum prior to the Initial Term Date and 5% per annum thereafter during any extended term, which is calculated daily and paid monthly.

  • The CEBA Loan is non- revolving, with an interest rate of 0% per annum prior to the Initial Term Date.

  • The CEBA Loan is non-revolving, with an interest rate being 0% per annum prior to the Initial Term Date and 5% per annum.

  • If the Board decides to amend or terminate the Agreement, it must notify the Executive within the (30) days prior to the applicable anniversary of the Effective Date, provided that the Board may not notify the Executive of any amendment or termination of the Agreement earlier than the thirty (30) days prior to the fourth anniversary of the Effective Date or amend or terminate the Agreement prior to the Initial Term Date.

  • Notwithstanding the foregoing, this Agreement may be terminated prior to or after the Initial Term Date pursuant to Section 4, 5, 6, 7, 8 or 9 of this Agreement.

  • The initial term of this Agreement, as set forth on the signature page hereto, extends from the Start Service Date to such End of Initial Term Date as Customer and COMPS agree to, plus, it so agreed by Customer and COMPS, an additional period of 12, 24 or 36 months, as indicated on the order page of the Agreement.

  • The first day of the month following the End of Initial Term Date or (if applicable) following the agreed-upon additional period is the "Renewal Date." If no Renewal Date or End of Initial Term Date appears on the order page of the Agreement, then the term of the Agreement will be deemed to be 24 months from the Start Service Date.

  • Any P Shares that are not vested, and that do not become vested pursuant to Section 2, shall be forfeited upon termination of Continuous Service (subject to the Participant’s right to become vested during the Post-Termination Period in Section 2(b)(i)) or on the Initial Term Date, if earlier, without any payment to the Participant.


More Definitions of Initial Term Date

Initial Term Date means the last day of the Company’s fiscal year.

Related to Initial Term Date

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

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Renewal Period the period described in clause 14.1.

  • transitional period means the period starting on the commencement date and ending three months after that date.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • 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).

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Renewal Date means the effective date of Renewal. The first Renewal Date shall be the date as specified in the Policy Schedule (which shall not be later than the first anniversary of the Policy Effective Date) and the subsequent Renewal Date(s) shall be the anniversary(ies) of the first Renewal Date. The relevant Renewal Date shall be specified in the notification of Renewal in accordance with Section 3 of Part 4.

  • Renewal Term has the meaning set forth in Section 2.

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

  • Service & Term XOOM Energy Ohio, LLC (“XOOM” or “Company”) agrees to act as your exclusive natural gas supplier and will provide competitive retail natural gas service to you. The Term of this Agreement will begin on the next available meter read date after processing of the request by XOOM and your gas utility, and will continue for the Contract Term as set forth in the accompanying Contract Summary, which is incorporated into this Agreement. Acceptance into the Program:These terms and conditions are subject to your acceptance into the program by both XOOM and your local utility. You will be promptly notified if you are not accepted into the program. Switching fees may apply to you under your local utility’s tariff if you are accepted into the program by both XOOM and your local utility.

  • Contract Term means period of performance set forth in the paragraph entitled “Term” contained in Exhibit E.