PRINCIPAL TERM definition

PRINCIPAL TERM means the period commencing December 13, 1996, and ending December 31, 1999.
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PRINCIPAL TERM shall have in this Lease the meaning designated in subsection 2(a) above.
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PRINCIPAL TERM means the period commencing October 1, 1994, and ending December 31, 1996.
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Examples of PRINCIPAL TERM in a sentence

  • In the case of any withdrawal under the preceding sentence, the Advances and Guarantees shall be adjusted to correspond to the time remaining in the Principal Term, or the number of Articles remaining under the Agreement, at the date of withdrawal.

  • Licensee agrees to pay the Advance, which shall be on account of Royalties to accrue during the Principal Term only, and only with respect to sales in the Territory; provided, however, that if any part of the Advance is specified hereinabove as applying to any period less than the Principal Term, such part shall be on account of Royalties to accrue during such lesser period only.

  • Licensee agrees that the Articles shall be manufactured during the Principal Term in quantities consistent with anticipated demand therefor so as not to result in an excessive inventory build-up immediately prior to the end of the Principal Term.

  • Licensee agrees that Disney may, without obligation to Licensee other than to give Licensee written notice thereof, withdraw from the scope of this Agreement any Licensed Material which by the Marketing Date or, if such a date is not specified in Subparagraph 1.O., by six (6) months from the commencement of the Principal Term or the date of any applicable amendment, is not being used on or in connection with the Articles.

  • Licensee acknowledges that Disney may not approve concepts or artwork submitted near the end of the Principal Term.


More Definitions of PRINCIPAL TERM

PRINCIPAL TERM means the period commencing July 3, 1995, and ending December 31, 1997.
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PRINCIPAL TERM. See Section 4.1
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PRINCIPAL TERM shall have the meaning set forth in Section 6.1.
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PRINCIPAL TERM means the three (3) year period commencing on August 1, 1999 and ending on July 31, 2002, subject to the terms of the following Section 3.
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PRINCIPAL TERM means the period commencing October 1, 1996 and ending May 31, 1998.
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PRINCIPAL TERM. The period commencing on the Rent Commencement Date and expiring on the fifteen (15) year anniversary of thereof, subject to adjustment as set forth in Article 33.
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PRINCIPAL TERM means the period commencing January 1, 1997, and ending * .
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