Initial Term Expiration Date definition

Initial Term Expiration Date shall have the meaning set forth in Section 2(a) hereof.
Initial Term Expiration Date means Initial Term Commencement Date as defined in Paragraph 5(a).
Initial Term Expiration Date shall have the meaning specified in the applicable Schedule.

Examples of Initial Term Expiration Date in a sentence

  • Notwithstanding the forgoing, your employment under this Agreement may be terminated at any time before or after the Initial Term Expiration Date or during any Additional Term, in accordance with Section 5 below.

  • The Initial Term shall commence on the Commencement Date and end on the Initial Term Expiration Date, subject to renewal as set forth in Section 1.3, below.

  • Notwithstanding the foregoing, and unless this Agreement has earlier been terminated in accordance with its terms, the Term shall continue after the Initial Term Expiration Date on an annual basis.

  • If the appeal is denied, the Union shall also notify the Company of its withdrawal of its previous notice to arbitrate the subject grievance.

  • Notwithstanding the foregoing, the Executive’s employment under this Agreement may be terminated at any time, before or after the Initial Term Expiration Date, in accordance with Section 11.


More Definitions of Initial Term Expiration Date

Initial Term Expiration Date means 11:59 P.M. New York time, on December 31, 2013.
Initial Term Expiration Date has the meaning specified in Section 2.1.
Initial Term Expiration Date has the meaning provided in Section 2.02 hereof.
Initial Term Expiration Date shall have the meaning set forth in the Equipment Schedule associated therewith. "Item of Equipment" shall mean each Item of the Equipment. "Lease", "hereof", "herein" and "hereunder" shall mean, with respect to an Equipment Group, this Master Equipment Lease Agreement and the Equipment Schedule on which such Equipment Group is described, including all addenda attached thereto and made a part thereof. "Lease Documents" shall mean this Lease and all other documents prepared by Lessor and now or hereafter executed in connection therewith. "Lessor Assignee" shall have the meaning specified in Section 15 hereof. "Lessor Expense" shall have the meaning specified in Section 26 hereof. "Lessor Transfer" shall have the meaning specified in Section 15 hereof. "Liability" shall have the meaning specified in Section 24 hereof. "Lien" shall mean all mortgages, pledges, security interests, liens, encumbrances, claims or other charges of any kind whatsoever. "Loss" shall have the meaning specified in Section 16 hereof. "Purchase Agreement" shall mean any purchase agreement or other contract entered into between the Supplier and Lessee for the acquisition of the Equipment to be leased hereunder. "Related Equipment Schedule" shall have the meaning specified in Section 27 hereof. "Remedy Date" shall have the meaning specified in Section 22 hereof. "Rent" shall mean the periodic rental payments due hereunder for the leasing of the Equipment, as set forth on the Equipment Schedules, and, where the context hereof requires, all such additional amounts as may from time to time be payable under any provision of this Lease. "Rent Commencement Date" shall mean, with respect to an Equipment Group, (a) the date on which Lessor receives an executed Certificate of Acceptance for such Equipment from Lessee or (b) the date on which Lessor disburses funds for the purchase of such Equipment Group, as determined by Lessor in its sole discretion. "Rent Payment Date" with respect to an Equipment Group, shall have the meaning set forth in the Equipment Schedule associated therewith. "Required Alteration" shall have the meaning specified in Section 11 hereof. "Stipulated Loss Value" shall mean, as of any Rent Payment Date and with respect to an Item of Equipment, the amount determined by multiplying the Total Cost for such Item of Equipment by the percentage specified in the applicable Stipulated Loss Value Supplement opposite such Rent Payment Date. "Stipulated Loss Value Supplement" with res...
Initial Term Expiration Date has the meaning ascribed thereto in Section 16.5(a). “Institutional Lender” means (i) the United States of America, any state thereof or any agency or instrumentality of either of them, any municipal agency, public benefit corporation or public authority, advancing or insuring mortgage loans or making payments which, in any manner, assist in the financing, development, operation and maintenance of projects, (ii) any (a) savings bank, savings and loan association, commercial bank, trust company (whether acting individually or in a fiduciary capacity) or insurance company organized and existing under the laws of the United States of America or any state thereof, (b) foreign insurance company or commercial bank qualified to do business as an insurer or commercial bank as applicable under the laws of the United States of America, (c) pension fund, foundation or university or college or other endowment fund or (d) investment bank, pension advisory firm, mutual fund, investment company or money management firm, (iii) any “qualified institutional buyerunder Rule 144(A) under the Securities Act or any other similar Law hereinafter enacted that defines a similar category of investors by substantially similar terms or (iv) any other financial institution or entity designated by the Concessionaire and Approved by the University (provided that such institution or entity, in its activity under this Agreement, shall be acceptable under then current guidelines and practices of the University); provided, however, that each such entity (other than entities described in clause (iii) of this definition) or combination of such entities if the Institutional Lender shall be a combination of such entities shall have individual or combined assets, as the case may be, of not less than $500,000,000, which shall include, in the case of an investment or advisory firm, assets controlled by it or under management.
Initial Term Expiration Date means 11:59 PM (prevailing District time) on the last day of the ninety-ninth (99th) lease year (each lease year being the 12-month period commencing on the first day of the calendar month after the Lease Commencement Date) after the Lease Commencement Date.
Initial Term Expiration Date means the last day of the calendar month during which the fifteenth (15th) anniversary of the Phase Two Lease Commencement Date occurs; provided, however, that in the event that the Phase Two Lease Commencement Date does not occur on or before September 30, 2004, then Tenant shall have the right, by written notice delivered to Landlord not later than one year after the Phase Two Lease Commencement Date, to designate the Initial Term Expiration Date which shall nevertheless be the last day of a calendar month and which shall in no event be earlier than September 30, 2019, nor later than the fifteenth (15th) anniversary of the Phase Two Lease Commencement Date.