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.
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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.

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

  • For further information concerning Eligibility, Method of Appointment, Renewal of Term, and Notice, refer to Sections 2 through 5 of Title D of Article XI.

  • 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.

  • One-Year Renewal of Term Contract for Heavy Equipment Rental for the Transportation Department.

  • Executive’s employment under this Agreement is strictly “at will,” and may be terminated by the Executive, Amerx or Procyon, upon thirty days written notice, for any reason or no reason, with or without cause.Section 3.2 Renewal of Term.

  • Premature withdrawals before this minimum tenor will result in zero interest payment to the client.6.3.4 Premature Renewal of Term Deposits In case the depositor desires to renew the deposit by seeking premature closure of an existing term deposit account, the Bank shall permit the renewal at the applicable rate on the date of renewal, provided the deposit is renewed for a period longer than the balance period of the original deposit.

  • Executive's employment under this Agreement is strictly "at will," and may be terminated by the Executive, Amerx or Procyon, upon thirty days written notice, for any reason or no reason, with or without cause.Section 3.2 Renewal of Term.

  • 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 Investments will be at the prevailing rates.• Demand Investments: Demand Investments will remain invested until written notice of withdrawal or reallocation is received from an authorized representative of the Investor.

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 out in Section 9.1.

  • 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 given such term in Section 2.4.

  • 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.

  • Notice of Termination means a written notice which shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive's employment under the provision so indicated.

  • 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;

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • 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.

  • Fixed term tenancy means a tenancy that has a fixed term of existence, continuing to a

  • Additional Term means that term commencing on the last day of the Basic Term and terminating one (1) year thereafter.

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

  • Contract Term Extension means an extension of the term of this contract, at the request of Purchaser, under this Subsection. This Subsection does not obligate Contracting Officer to grant Contract Term Extension.

  • Notice of Termination for Good Reason shall have the meaning set forth in Section 1(t).

  • Collaboration Term has the meaning set forth in Section 2.1(h).

  • 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 shall have the meaning set forth in Section 6.11.

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