Primary Term definition

Primary Term means for the purposes of any Service provided under any Schedule of Service under:
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Primary Term is defined in paragraph 4(a) of this Lease.
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Primary Term is defined in Section 2.2.1.
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Examples of Primary Term in a sentence

  • The Company and Advisor may terminate this Agreement prior to the expiration of the Primary Term upon thirty (30) days written notice with mutual written consent.

  • Any notice to terminate given hereunder shall be in writing and shall be delivered at least thirty (30) days prior to the end of the Primary Term or any subsequent Extension Period.

  • If Shipper desires to extend the term of the Service Agreement for the First Renewal Term at the then current transportation rate(s), it shall notify Transporter in writing of its election at least six (6) months prior to the expiration of the Primary Term.

  • If the Parties agree to extend the Primary Term and modify any other terms of the Firm Service under this Service Agreement, then the Parties will execute a replacement Service Agreement (including both the Service Agreement and Negotiated Rate Agreement, as necessary) reflecting the modified terms thereto (“Negotiated Service Agreement”), and the prior Service Agreement shall, upon execution of the Negotiated Service Agreement, be of no further force or effect.

  • Transporter hereby grants Shipper a contractual right of first refusal (“ROFR”) upon the expiration of the Primary Term, including any extension thereof in accordance with this Section 3.


More Definitions of Primary Term

Primary Term as set forth in the Rental Schedule.
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Primary Term means for the purposes of any Service provided under any Schedule of Service the term calculated in accordance with the Criteria for Determining Primary Term in Appendix “E” of the Tariff.
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Primary Term means the basic pe- riod of time for which a lease is issued during which the lease contract may be kept in force by payment of rentals.
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Primary Term means a term of ONE (1) year from and including the Effective Date of this Lease.
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Primary Term means the period commencing on the Effective Date and expiring on July 31, 2021.
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Primary Term shall have the meaning set forth in Section 5.1 of the Agreement.
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Primary Term shall have the meaning set forth in Section 6.1.
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