PRINCIPAL TERM definition

PRINCIPAL TERM means the period commencing December 13, 1996, and ending December 31, 1999.
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PRINCIPAL TERM means the period commencing March 28, 1994, and ending December 31, 1996.
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PRINCIPAL TERM. The term "Principal Term" shall have in this Lease the meaning designated in subsection 2(a) above.
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Examples of PRINCIPAL TERM in a sentence

  • In the event of any dispute regarding whether a term in an Offer Sheet is or is not a Principal Term that must be matched, including any dispute regarding whether a term is an impermissible poison pill designed to discourage or prohibit the Prior Club from exercising a Right of First Refusal, the dispute shall be presented to the Impartial Arbitrator for expedited resolution under Section 4 below.

  • Royalties accruing during any sell-off period or extension of the Principal Term shall not be offset against the Advance unless otherwise agreed in writing.

  • Royalties accruing during any extension of the Principal Term or any other term shall be offset only against an advance paid with respect to such extended term.

  • 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 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.


More Definitions of PRINCIPAL TERM

PRINCIPAL TERM means the period commencing January 1, 1997, and ending * .
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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. 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. LOAN A AMORTIZATION PAYMENT PRINCIPAL DATES AMORTIZATION PAYMENT -------------------- -------------------- June 30, 2004 $2,625,000 September 30, 2004 $2,625,000 December 31, 2004 $2,625,000 March 31, 2005 $2,625,000 June 30, 2005 $5,250,000 September 30, 2005 $5,250,000 December 31, 2005 $6,562,500 PRINCIPAL TERM LOAN A AMORTIZATION PAYMENT PRINCIPAL DATES AMORTIZATION PAYMENT -------------------- -------------------- March 31, 2006 $6,562,500 June 30, 2006 $6,562,500 September 30, 2006 $6,562,500 December 31, 2006 $6,562,500 March 31, 2007 $6,562,500 June 30, 2007 $6,562,500 September 30, 2007 $6,562,500 December 31, 2007 $7,875,000 March 31, 2008 $7,875,000 June 30, 2008 $7,875,000 Revolving Commitment $7,875,000 Termination Date ************
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PRINCIPAL TERM. See Section 4.1
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PRINCIPAL TERM means the period commencing October 1, 1996 and ending May 31, 1998.
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