Renewal of Term definition

Renewal of Term. The Term will automatically renew for successive one-year periods unless cancelled by Assignor at any time at least thirty days or more prior to the last day of the existing Term.
Sample 1

Examples of Renewal of Term in a sentence

  • Renewal of Term by the Company Following a Change in Control: All equity awards that were outstanding at the time of the Change in Control will vest upon such termination.

  • Renewal of Term of Trust The term of each Individual Trust shall be extended for three years upon expiry thereof, unless Trustor of the relevant Individual Trust notifies Trustee in writing of the intention not to renew the term at least three months prior to the expiration of the term.

  • At its sixth meeting, the representative of one Party presented a second draft decision entitled “Appointment of the Head of the Convention Secretariat and Renewal of Term of Office”.

  • At its fifth plenary meeting, on 6 October 2018, the COP adopted decisions FCTC/COP8(8) on “Appointment of the Head of the Convention Secretariat and Renewal of Term of Office” and FCTC/COP8(7) on "Expression of appreciation to Dr Haik Nikogosian".

  • Renewal of Term for Long-term access28.1. On the expiry of the period of long-term access, the long-term access shall stand extended on a written request provided by the long-term customer in this regard to the State Transmission Utility mentioning the period for extension that is required.28.2. Further, such a written request shall be submitted by the long term customer to the State Transmission Utility at least six months prior to the date of expiry of the long- term access.

  • Notably though is that in-depth semi structured interviews can still provide value, particularly if used as an add-on to other methods of data collection. Time span: Due to the short time frame of this thesis, the depth of results and findings might shallower level compared to longitudinal studies requiring a larger time frame thereby limiting the study. Mixed interview: In our study, we interviewed candidates through both face-to-face and telephone.

  • T1,T2 and T3 are the kinetic energies of the electrons.A more realistic Hamiltonian would include core polarization terms, which cannot be written as sums of products of two-body interactions [178, 179].

  • Rent and Renewal of Term The Rent payable in respect of the Premises shall be a monthly sum of Kenya Shillings [*] (KShs.

  • Renewal of Term for Long-term access 28.1. On the expiry of the period of long-term access, the long-term access shall stand extended on a written request provided by the long-term customer in this regard to the Central Transmission Utility mentioning the period for extension that is required.

  • In this regard, the Commission has now decided to provide for automatic extension of long term access on written request of the entity concerned in Regulation 15 (Renewal of Term for Long Term Access) without the necessity of having to submit another formal application.

Related to Renewal of Term

  • End of Term Extension means the time period defined in §2.D.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Renewal Term has the meaning set forth in Section 2.

  • Renewal Notice As defined in Section 1.4(a).

  • Initial Term has the meaning set forth in Section 7.1.

  • Extended Term shall have the meaning set forth in Section 2.

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Minimum Term means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.

  • Renewal Option has the meaning set forth in §12.1.

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Original Term shall have the meaning specified in Section 10 hereof.

  • License Term means the duration of a License as specified in the Order.

  • Renewal means the terms on which the contract of insurance can be renewed on mutual consent with a provision of grace period for treating the renewal continuous for the purpose of gaining credit for pre-existing diseases, time-bound exclusions and for all waiting periods.

  • Additional Term means that term commencing on the last day of the Basic Term and terminating 5 years thereafter.

  • Extension Term means the time period defined in §2.C.

  • Collaboration Term has the meaning specified in Section 2.1.2 hereof.

  • Service & Term XOOM Energy Ohio, LLC (“XOOM” or “Company”) agrees to act as your exclusive natural gas supplier and will provide competitive retail natural gas service to you. The Term of this Agreement will begin on the next available meter read date after processing of the request by XOOM and your gas utility, and will continue for the Contract Term as set forth in the accompanying Contract Summary, which is incorporated into this Agreement. Acceptance into the Program:These terms and conditions are subject to your acceptance into the program by both XOOM and your local utility. You will be promptly notified if you are not accepted into the program. Switching fees may apply to you under your local utility’s tariff if you are accepted into the program by both XOOM and your local utility.

  • Exclusivity Period means the period beginning on the date hereof and ending on the first to occur of (a) the date six (6) months after the date hereof and (b) the mutually agreed termination of this Agreement pursuant to Section 6.01(b).

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • License expiration date means June 30 of even-numbered years.

  • Tail Period has the meaning set forth in Section 4.2.