Purchase Term definition

Purchase Term means, with respect to any Purchased Asset and any date of determination, the applicable period from the Purchase Date for such Purchased Asset to such date of determination.

Purchase Term means the period of time beginning on the Closing Date and ending three years from the Closing Date.

Purchase Term means the ten (10) year period that begins on the date the first order for Products is shipped after the date first appearing above. In the event that neither party gives the other written notice eighteen (18) months prior to the end of the initial ten (10) year Purchase Term, the Agreement shall automatically be extended so that after the end of the initial Purchase Term the Agreement may be terminated only upon eighteen (18) months prior written notice by Lannett or **** to the other.

Examples of Purchase Term in a sentence

• This Agreement shall become effective as of the date first written above and shall remain in full force and effect through the end of the Purchase Term.

• Notwithstanding the foregoing, the Assessment Term will be followed by a Purchase Term provided that, within ninety (90) days of the expiration date of the Assessment Term, the Parties have agreed to a written document to this Exhibit, which will itemize the titles selected by Customer.

• The Purchase Price set forth in Exhibit A shall be valid for Purchase Term.

• Any Purchase Term which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating any other Purchase Terms.

• If Tenant fails to timely exercise the ROFR Right for the Premises on the terms specified in the ROFR Purchase Terms, Tenant’s ROFR Purchase Right on the Premises shall automatically expire for that particular offer, and Landlord shall have the right to sell the Premises to such third party on the ROFR Purchase Term and without any restrictions by reason of this ROFR Right, except as expressly set forth in Section 19.5 below.

More Definitions of Purchase Term

Purchase Term means the period of a power purchase agreement during which the qualifying facility is selling its output to the public utility.

Purchase Term means, with respect to each state, the Standard Account Closure Period or the Extended Account Closure Period, as applicable, in each case as such terms are defined in Exhibit A to the Pledge and Security Agreement.

Purchase Term means the period beginning with the Commencement Date and continuing until terminated as provided in Article IV.

Purchase Term means the five (5) year ------------- period that begins on the date the first order for Product is shipped after the Approval Date.

Purchase Term means the three (3) year period that begins on the date the first order for Products is shipped after the date first appearing above. In the event that neither party gives the other written notice six (6) months prior to the end of the initial three (3) year Purchase Term, the Agreement shall automatically be extended so that after the end of the initial Purchase Term the Agreement may be terminated only upon six (6) months prior written notice by Lannett or ____________ to the other. In the event that the market does not support the agreement either party may cancel the agreement by giving the other party one hundred and eighty (180) days written notice.

Purchase Term means the twelve (12) month period during which Customer will receive the Bluecore Services through Customer’s purchase in the Marketplace, or a time period as otherwise agreed upon in the Marketplace. The allotted number of Clicks and the associated pricing will be determined within the quoting tool in the Marketplace.

Purchase Term means the period of a power purchase agreement during which the qualifying facility is selling its output to the public utility" means the purchase of electric energy or capacity or both from a qualifying facility by an electric utility.¶