Original Term definition

Original Term shall have the meaning specified in Section 10 hereof.
Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at the Commencement Date.
Original Term shall have the meaning set forth in Section 2 below.

Examples of Original Term in a sentence

  • The Commencement Date, Expiration Date and Original Term of this Lease are as specified in Paragraph 1.3.

  • Any such early possession shall not affect nor advance the Expiration Date of the Original Term.

  • Loan Term and Amortization Type Numeric – Integer 360 999 Always >= 60 29 Original Term to Maturity The initial number of months between loan origination and the loan maturity date, as specified on the mortgage note.

  • Notwithstanding the foregoing, a Letter of Credit may provide for automatic extensions of its expiration date for one or more one (1) year periods, so long as the issuer thereof has the right to terminate the Letter of Credit at the end of each one (1) year period and no extension period extends past the thirtieth (30th) day prior to the end of the Original Term or any Renewal Term.

  • By written agreement of the parties, the term of the Contract may be extended or renewed for additional time beyond the Original Term.


More Definitions of Original Term

Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.
Original Term means, with respect to a Property Schedule, the period from the Commencement Date until the end of the budget year of Lessee in effect at the Commencement Date.
Original Term is defined in Section 2.1 below.
Original Term shall have the meaning specified in paragraph 12 hereof.
Original Term shall have the meaning set forth in Section 13.1.
Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at the Commencement Date, as set forth in Section 3.2.
Original Term means, with respect to each Lease, the period from the Commencement Date identified in the related Equipment Schedule until the end of the fiscal year of Lessee in effect at such Commencement Date.