Right Duration definition

Right Duration. A period of 25 years beginning on the Recordation -------------- Date.
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Right Duration. A period of 25 years beginning on the Recordation -------------- Date. Tendered Agreement: A bona fide agreement entered into by Owner for ------------------ Owner's transfer of an interest in an Offered Parcel to a third party.
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Examples of Right Duration in a sentence

  • Holder's failure to exercise the Right --------------------------- with respect to a Tendered Agreement covered by a Transfer Notice will not relieve Owner from the obligation to comply with this Agreement in connection with any later Tendered Agreement that Owner enters into during the Right Duration.

  • The Right will exist whether the leasehold or subleasehold is to begin during or after the Right Duration.

  • If, during the Right Duration, Owner enters --------------- into a Tendered Agreement, Owner shall promptly send a Transfer Notice to Holder.

  • The Right includes the right to -------------------------- match the terms of any lease or sublease that Owner enters into during the Right Duration covering (i) an Offered Parcel or (ii) part of an Offered Parcel when that part includes all or part of the Real Estate.

  • The ------------------------------- Right is governed by the terms of this Agreement and will be in effect during the Right Duration.

  • If, during the Right Duration, Owner enters --------------- into a Tendered Agreement, Owner shall promptly send a 'transfer Notice to Holder.

  • The Right includes the right to match -------------------------- the terms of any lease or sublease that Owner enters into during the Right Duration covering (i) an Offered Parcel or (ii) part of an Offered Parcel when that part includes all or part of the Real Estate.

Related to Right Duration

  • Specified Duration means, with respect to any Floating Rate to be determined in accordance with a Screen Rate Determination on an Interest Determination Date, the duration specified in the relevant Final Terms or, if none is specified, a period of time equal to the relative Interest Accrual Period, ignoring any adjustment pursuant to Condition 5(c)(ii).

  • Scheduled Black-Out Period means the period from and including the last day of a fiscal quarter of the Company to and including the business day after the day on which the Company publicly releases its earnings for such fiscal quarter.

  • Duration means the warranty period. This period may be a stated period of time, amount of usage, or the occurrence of a specified event, after formal acceptance of delivery, for the Government to assert a contractual right for the correction of defects.

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

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Value vested during the year means the aggregate dollar value that would have been realized if the options under the option-based award had been exercised on the vesting date. This amount is calculated by determining the difference between the market price of the underlying securities at exercise and the exercise or base price of the options under the option-based award on the vesting date.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Model Year means the CI engine manufacturer’s annual production period, which includes January 1st of a calendar year, or if the manufacturer has no annual production period, the calendar year.

  • Base Period means (i) the test period ending December 31, 2010 (or, if the Commission has elected to stagger its biennial reviews of utilities as provided in subdivision 1, the test period ending December 31, 2010, for a Phase I Utility, or December 31, 2011, for a Phase II Utility), or (ii) the most recent test period with respect to which credits have been applied to customers' bills under the provisions of this subdivision, whichever is later.

  • Service Extension shall have the meaning set forth in Section 7.1(c).

  • Licence Period , in relation to a licence, means each calendar year during which, or during any part of which, the licence is in force;

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first distributed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period shall be specified in the Notice.

  • Period shall have the meaning ascribed to it in Schedule 8;

  • Freestanding SAR means an SAR that is granted independently of any Options, as described in Article 7 herein.

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

  • Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Scheduled Uptime means the total minutes in the reporting month less the total minutes represented by the Scheduled Downtime.

  • Fixed Term shall have the meaning given such term in Section 2.3.

  • Run-Out Period means a period after the close of a Plan Year or other period during which Participants in a flexible spending arrangement (FSA) may request reimbursement for expenses incurred during the Period of Coverage.

  • Special Enrollment Period means a period of time allowed under this Plan, other than the eligible person’s Initial Enrollment Period or an Open Enrollment Period, during which an eligible person can request coverage under this Plan as a result of certain events that create special enrollment rights.

  • CONTRACT ANNIVERSARY The anniversary of the Contract Date.