Primary Period definition

Primary Period means the period from and including the Delivery Date and terminating, subject to the terms and conditions of this Lease, on the earlier of (a) the date falling twenty (20) years after the Delivery Date and (b) the date of termination of the leasing of the Ship under this Lease;

Primary Period means the nine-week period before

Primary Period means the period commencing on the Delivery Date to and including the Primary Period End Date, or such shorter period as may be determined in accordance with the provisions of this Agreement;

Examples of Primary Period in a sentence

• During the Primary Period the Lessee shall pay instalments of Primary Rental to the Lessor on each Primary Rental Date and, where applicable, during the Secondary Period instalments of Secondary Rental for the Ship and, throughout the Lease Period, any other Rental in each such case in the amounts, at the times and in the manner provided in the Financial Schedule.

• The calculation and payment of Rental during the Primary Period are subject to adjustment in accordance with the provisions of the Financial Schedule.

• The Lessor shall let and demise to the Lessee and the Lessee shall lease the Ship, subject to the terms and conditions of this Lease, for the Primary Period.

• In respect of the Secondary Period the Lessee shall on the first day following the Primary Period End Date and on each anniversary thereof during the Secondary Period pay to the Lessor a Rental ("Secondary Rental") annually in advance equal to zero point one per cent (0.1%) of the Ship Cost.

• The TRACE data in the Primary Period include 3,155,063 original trade reports, 43,314 reports of trade cancellations (1.4% of all original trade reports), and 42,965 corrected trade reports (1.4%).

More Definitions of Primary Period

Primary Period means the period commencing upon the date of this Agreement and ending upon the earliest of (a) the Primary Period Expiration Time (as it may be extended pursuant to Section 7.1(b)), (b) the delivery by Acquiror to the Company of a written notice in the form attached hereto as Exhibit D (the “Secondary Period Election Notice”), or (c) any termination of this Agreement in accordance with Section 7.2. Notwithstanding anything to the contrary herein, Acquiror shall not deliver a Secondary Period Election Notice until the earliest of (A) one (1) Business Day prior to the day that includes the then-current Primary Period Expiration Time, (B) the date ten (10) Business Days after the delivery by Acquiror to the Company of a Disclosure Memorandum Update Request, or (C) the date on which Acquiror receives from the Company a Disclosure Schedule Memorandum Update in response to such Disclosure Memorandum Update Request.

Primary Period means the period from the Effective Date to the Mid-Point.

Primary Period means the nine-week period ending on the day

Primary Period means the period of this CONTRACT as stipulated in the Form of Agreement.

Primary Period means the primary period of leasing specified in each Equipment Lease Contract

Primary Period or 'Minimum Period' means the duration of the contract 'Secondary Period' continuing period in multiples of the Primary Period

Primary Period means the period commencing on the date of this Agreement and ending on the later of (i) the date falling two (2) years after the date of this Agreement, and (ii) the Trigger Date.