Interim Term definition

Interim Term the period from and including the Interim Term Commencement Date to but not including the Primary Term Commencement Date.

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Interim Term for each Item of Equipment means the period commencing on the Acceptance Date for such Item (unless the Acceptance Date is the Basic Term Commencement Date, in which case there shall be no Interim Term for such Item) and ending on the date immediately prior to the Basic Term Commencement Date.

Interim Term means the period of time from the execution of this Lease until the beginning of the Initial Term.

Examples of Interim Term in a sentence

• Throughout the Interim Term and Service Term ofthis Agreement, as applicable, System Owner or its contractors shall pay for and maintain in full force and effect all policies of insurance required hereunder, to the extent applicable, with an insurance company(s) either (i) admitted by the California Insurance Commissioner to do business in the State of California and rated not less than "A-VIr' in Best's Insurance Rating Guide; or (ii) authorized by Host Customer's Risk Manager.

• This pro-rated payment shall be made on the last day of the month for each month during the Interim Term.

• Host Customer shall accept delivery of Output, including in form of test energy, during the Interim Term.

• The period commencing on the Effective Date and continuing through and until the Service Commencement Date shall be referred to herein as the "Interim Term".

• System Owner or its contractors shall furnish Host Customer with copies of the actual policies upon the request of Host Customer's Risk Manager at any time during the Interim Term and Service Term of this Agreement.

More Definitions of Interim Term

Interim Term shall have the meaning specified in Section 3.1 of the Lease.

Interim Term means the period commencing on the Delivery Date and ending on and including the day immediately preceding the Commencement Date unless earlier terminated in accordance with the provisions hereof.

Interim Term for this Lease shall commence upon the commencement date set forth in the applicable Rental Schedule and shall end on the commencement date of the Primary Term.

Interim Term is defined in Section 3(a) of the Master Lease.

Interim Term is defined in Section 6.3.

Interim Term means the period from the Closing Date to but not including the Basic Term Commencement Date, or such shorter period as may result from earlier termination of the Lease as provided therein.

Interim Term is defined in each respective Lease Schedule.