We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

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.

  • 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.

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

  • 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.

  • 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.

  • 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.

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

  • The following are attached to this Lease and shall constitute a part hereof: EXHIBIT A - Land EXHIBIT B - Site Plan and Floor Plan Representative Elevations Base Building Standard Specifications Base Building Lessee-Specific Specifications RIDER l - Option for Expansion of Premises SCHEDULE R1 - Option Price Multiplier RIDER 2 - Option for Renewal of Term EXECUTED BY LESSOR, this 23rd day of August, 1996.

Related to Renewal of Term

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

  • Renewal Period the period described in clause 13.1.

  • 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 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.

  • Minimum Term means, in respect of this Agreement, the period of 12 months beginning on the Effective Date;

  • 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 means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

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

  • Renewal means the process by which a permit is reissued at the end of its term.

  • 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.

  • Collaboration Term has the meaning set forth in Section 2.2.

  • 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.

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

  • Tail Period has the meaning set forth in Section 6.3(b).

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

Most Referenced Clauses

Most Referenced Definitions