Specified Term definition

Specified Term. , in relation to a policy, means, subject to subsection (3), a period after which moneys become payable under the policy to the policy holder;
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Specified Term has the meaning set forth in Section 4.3.
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Specified Term means, on a country by country basis, ten (10) years from the First Commercial Sale of the Licensed Product in such country of the Licensed Territory.
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Examples of Specified Term in a sentence

  • Employer has the right to terminate this Agreement at any time during the Specified Term hereof for “Employer’s Good Cause” (defined below in Section 22).

  • Employer has the right to terminate this Agreement on written notice to Employee in its sole discretion for any cause Employer deems sufficient or for no cause, at any time during the Specified Term, including on the last day of the Specified Term.

  • If during the Specified Term Employee becomes an employee of another employer affiliated with the “Company” (defined below in Section 22) Employee’s employment with the Employer shall terminate as of the date Employee commences such other employment, and pursuant to Section 19 Employee’s new Company-affiliated employer shall assume all rights and obligations of Employer under this Agreement.

  • Employee agrees to notify Employer immediately of any employers for whom Employee works or provides services (whether or not for remuneration to Employee or a third party) during the Specified Term or within the Restrictive Period.

  • You further covenant and agree that you will not at any time during or after the Specified Term, without our prior written consent, disclose to any other person or business entities any Confidential Information or utilize any Confidential Information in any way, including communications with or contact with any of our customers or other persons or entities with whom we do business, other than in connection with your employment hereunder.

  • Employee covenants and agrees that Employee shall not at any time during the Specified Term, or thereafter, without the Employer’s prior written consent, utilize any such Trade Secrets, proprietary or confidential information in any way, including communications with or contact with any such customer other than in connection with employment hereunder.

  • You agree to notify us immediately of any other persons or entities for whom you work or provide services during the Specified Term or within the Restrictive Period.

  • We have the right to terminate this Agreement on written notice to you in our sole discretion for any cause we deem sufficient or for no cause, at any time during the Specified Term.

  • Employee acknowledges that Employer is engaged in a business that is or may be subject to and exists because of privileged licenses issued by governmental authorities in Nevada, Michigan, Mississippi, Illinois, Maryland, Massachusetts, New Jersey, Macau S.A.R., and other jurisdictions in which Employer is engaged in a gaming business or where Employer has applied to (or during the Specified Term may apply to) engage in a gaming business.

  • Unless a new written employment agreement is executed by the parties, upon the expiration of the Specified Term, all terms and conditions of this Agreement will continue, except that the new Specified Term of the Agreement shall be three (3) months, which shall renew for successive three (3) month periods on each successive three (3) month anniversary, if the Agreement is not otherwise terminated pursuant to its terms.


More Definitions of Specified Term

Specified Term means each of the following:
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Specified Term means the period of either 3 or 4 years from the Commencement Date depending on the Service package selected by the Franchisee;
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Specified Term has the meaning set forth in Section 4.3. “SPV Affiliate” means with respect to any Person, any Affiliate of such Person, whose direct or indirect interest in the Common Shares constitutes more than thirty percent (30%) (by value) of the equity securities portfolio of such Affiliate. -8-
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Specified Term has the meaning set forth in Section 4.3 “Subsidiary” means, with respect to any Person, any entity of which securities or other ownership interests having ordinary voting power to elect a majority of the board of directors or other persons performing similar functions are at the applicable time directly or indirectly owned or controlled by such Person. “Term” has the meaning set forth in Section 7.1 “Transition Period” has the meaning set forth in the MSA. “Work Request” has the meaning set forth in the MBESA. Section 1.2
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Specified Term. The term of this Agreement shall run through May 31, 2000, and then automatically terminate on its own accord."
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Specified Term means the period in respect of which LIBOR falls to be determined.
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Related to Specified Term

  • Qualified Termination has the meaning set forth in Section 4(b).

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

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

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

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

  • Stated Termination Date means December 31, 2000.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Grace Period Extension Date means, if:

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

  • 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.

  • Put Period shall have the meaning set forth in Section 5(a) hereof.

  • Contract Period means the period from the Commencement Date to:

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of one hundred eighty (180) months. Should the Executive make a Timely Election to receive a lump sum benefit payment, the Executive's Payout Period shall be deemed to be one (1) month.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

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

  • Additional Term shall have the meaning set forth in Section 8.2.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • Project Period means the period es- tablished in the award document dur- ing which Federal sponsorship begins and ends.

  • Post-Termination Period means the twelve (12) month period beginning on the Termination Date.

  • Earnout Period has the meaning set forth in Section 3.6(a).

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