Operative Period definition

Operative Period means the period of ten years commencing on the Adoption Date;
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Operative Period means an include the minimum period of Operation of Unit as laid down under the Government Resolution, Industries, Energy and Labour Department, No. PSI-2108/CR 35 /IND-8, dated the 21st May, 2008 .
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Operative Period means the period commencing on 1st July, 2014 and ending on 20th June, 2016.
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Examples of Operative Period in a sentence

  • The decision of Engineer as regards the Operative Period of the contract shall be final & binding on the contractor.

  • Funds deposited into the Curtailment Reserve Escrow Account during an O&M Operative Period shall be held by Lender in the Curtailment Reserve Escrow Account as additional security for the Loan until the Loan has been paid in full.

  • During any O&M Operative Period, the management fee payable to Manager shall be limited to 4% per annum of the total revenues of the Property and shall not include the 2.5% Allocable Chain Expense (as defined in the Management Agreement).

  • Provided that no Event of Default has occurred and is continuing, and no O&M Operative Period has existed for three (3) consecutive calendar months, Lender shall, upon written request from Borrower, release all sums contained in the Curtailment Reserve Escrow Account and the Operation and Maintenance Expense Escrow Account to Borrower.

  • Pursuant to the Collection Account Agreement of even date herewith, the bank in which the Collection Account is located has been instructed that all collected funds deposited in the Collection Account shall be automatically transferred through automated clearing house funds (“ACH”) or by Federal wire to the Central Account prior to 3:00 p.m. (New York City time) on the Business Day immediately prior to each Payment Date or, if an O&M Operative Period has occurred and is continuing, on a daily basis.


More Definitions of Operative Period

Operative Period means and include the minimum period of Operation of Unit as laid down under the Government Resolution, Industries, Energy and Labour Department, No PSI-2108/CR 35 /IND-8, dated the 21st May, 2008 or as may be amended from time to time.
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Operative Period means (a) any period during which a monetary Event of Default shall have occurred and be continuing, (b) if Borrowers fail to provide Lender with a Commitment or Commitments on or prior to the Refinance Notification Date, the period commencing on the Refinance Notification Date and ending on the date the Indebtedness has been paid in full, and (c) if Borrowers provide Lender with a Commitment or Commitments on or prior to the Refinance Notification Date and the Void Commitment Date occurs, the period commencing on the Void Commitment Date and ending on the date the Indebtedness has been paid in full.
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Operative Period means the period commencing on the date hereof and expiring on the date that the current term of the PharMerica/Purchaser Agreement terminates or expires and (z) the term "PharMerica/Purchaser Agreement" shall mean the existing pharmaceutical supply agreement between PharMerica and the Purchaser pursuant to which PharMerica purchases pharmaceuticals on a wholesale basis from Purchaser.
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Operative Period means the period of ten years commencing on the Adoption Date.
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Operative Period means
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Operative Period in relation to any Goods which form the subject matter of a Rental Agreement means the period beginning when the Goods were first supplied under any Rental Agreement and ending two (2) years later.
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Operative Period means the period of ten years starting on the Adoption Date;
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