Renewal Right definition

Renewal Right means the right held by Franchisee to renew this Agreement for the Renewal Term upon the expiration of the Initial Term.
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Renewal Right means that right of an FT Shipper to renew its Service Agreement, as such right of renewal is set forth in Article 6 of the FT Service Schedule.
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Renewal Right means the right the Customer has to renew Service provided by MIPL(C)L, as detailed in the Tariff.
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Examples of Renewal Right in a sentence

  • Such Initial Renewal Right is contingent on Sublandlord’s exercise of its First Renewal Option and such Five Year Renewal Right is contingent on Sublandlord’s exercise of its Second Five Year Renewal Option (as defined in the Lease), if applicable, in each case, under Article 9 of the Lease.

  • This Renewal Right will be contained in all future versions of the Franchise Agreement, this Agreement or any other future contractual arrangement among one or more of the parties, or their successors or assigns, governing the provision of home care in the Exclusive Area.

  • Provided that Subtenant has timely exercised the applicable Renewal Right and Subtenant is not in default of this Sublease, beyond any applicable grace, notice and cure period, Sublandlord agrees that it shall not exercise its First Renewal Option and Second Five Year Renewal Option, if applicable, under Article 9 of the Lease with respect to less than all of the Premises, unless its First Renewal Option and Second Five Year Renewal Option, if applicable, affect none of the Premises.

  • Subtenant’s Renewal Right is subject to the provisions of the Lease, including Section 9.02 of the Lease, where such provisions are not inconsistent with this Section 28, and the Term of this Sublease, as so renewed pursuant to this Section 28, shall be subject to all of the terms and conditions set forth in this Sublease.

  • If Subtenant has duly exercised its Five Year Renewal Right, Subtenant shall be deemed to have renewed this Sublease for the Second Five Year Renewal Term.

  • Other monthly charges: None Total Price (in cents/kWh) with other monthly charges: N/A Length of contract: 12 months Price after the initial price: N/A Early Termination Fees and Contract Renewal Early Termination Fee: $0.00 Contract Renewal: No Automatic Renewal Right to Rescind and Cancel Rescission: You have a right to rescind (stop) your enrollment within 10 days after your utility has received your order to switch suppliers.

  • Subtenant shall exercise its Initial Renewal Right and Five Year Renewal Right (as hereinafter defined), if applicable (collectively, the “Renewal Right”), if at all, for all of the Premises (“Renewal Premises”).


More Definitions of Renewal Right

Renewal Right means the right held by Franchisee to renew this Agreement for successive Renewal Terms upon the expiration of the Initial Term and prior Renewal Terms.
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Related to Renewal Right

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

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

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

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

  • Nonrenewal Notice Date has the meaning specified in Section 2.03(b)(iii).

  • 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.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Burial right means a right of earth interment.

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

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

  • ROFR means a right of first refusal to purchase or a right of first offer to purchase one or more of the Mortgaged Properties pursuant to a recorded instrument (or a memorandum thereof) encumbering the applicable Mortgaged Property.

  • Option Period means the period during which an Option may be exercised.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Original Rights shall have the meaning set forth in Section 1(f)(i) hereof.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

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