Novation Period definition

Novation Period has the meaning set forth in Section 5.10(b).
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Novation Period has the meaning set forth in Section 11.2(b).
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Novation Period as used herein shall include the Novation Periods for all Novation Assets which are the subject of any additional Novation Agreements, in each case, as the context requires.
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Examples of Novation Period in a sentence

  • After the Novation Period, the Buyer shall be responsible for maintaining insurance coverages at levels and on terms customary for an entity of similar size engaged in similar operations, but in no event less than what is required by the Government Contracts or subcontracts for which any Asset Seller is or may be liable, whether under the terms of the Novation Agreement or otherwise.

  • If property insurance coverage is required by the terms of any Government Contract or contract resulting from a Government Bid, the Buyer shall, during the Novation Period, maintain the requisite property insurance policies.

  • Subject to applicable Legal Requirements and during the Pre- Closing Novation Period, each Party shall furnish to the other party such information and assistance as any other Party may reasonably request in connection with its preparation of the filing or submission of such request, and keep the other party reasonably apprised of any communications with, and inquiries or requests for additional information from any other Governmental Authority.


More Definitions of Novation Period

Novation Period means a one-year period commencing on the Novation Date.
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Related to Novation Period

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

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

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

  • Acquisition Period means the period beginning, at the election of the Company, with the funding date of the purchase price for a Specified Acquisition and ending on the earliest of (a) the third following fiscal quarter end, (b) the Company’s receipt of proceeds of a Specified Equity Offering; and (c) the Company’s election in writing to terminate such Acquisition Period.

  • Retention Period means the minimum time that must pass after the creation, recording, or receipt of a record, or the fulfillment of certain actions associated with a record, before it is eligible for destruction.

  • Negotiation Period has the meaning given in Clause 5.10;

  • 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.

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • Allocation Period means (a) the period commencing on February 10, 2016 and ending on December 31, 2016, (b) any subsequent period commencing on January 1 and ending on the following December 31, or (c) any portion of the period described in clause (a) or (b) for which the Partnership is required to allocate Net Profits, Net Losses, and other items of Partnership income, gain, loss or deduction pursuant to ARTICLE IV.

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Remediation Period has the meaning specified in Section 8.2(a);

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Limitation Period means any period while any amount remains owing on the Note and interest on such amount, calculated at the applicable interest rate, plus any fees or other sums payable under any Loan Document and deemed to be interest under applicable law, would exceed the amount of interest which would accrue at the Highest Lawful Rate.

  • 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).

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Nomination Period means a period of time that Customer includes in a nomination for gas service.

  • Auction Period means the dates during which the Test the Waters Auction is held and ending on the last day of the Test the Waters Auction.

  • Substitution Period shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • 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. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Post-Transaction Period means, with respect to any Specified Transaction, the period beginning on the date such Specified Transaction is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Specified Transaction is consummated.

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.