Subsequent Term definition

Subsequent Term shall have the meaning set forth in Section 13.1.

Subsequent Term shall have the meaning set forth in Section 2.

Subsequent Term means the extension of the Service Term by a period as defined in the SOF which shall commence in conjunction with the conclusion of the Initial Term or any other Subsequent Term.

Examples of Subsequent Term in a sentence

• Following the expiration of the Initial Term, this Agreement shall be renewed for a further period of five (5) years (the "First Subsequent Term"), provided the Company gives written notice to the Municipality not less than twelve (12) months prior to the expiration of the Initial Term of its intention to renew this Agreement and the Municipality agrees in writing to the renewal not less than six (6) months prior to the expiration of the Initial Term.

• If the District chooses not to exercise an Optional Renewal Term as provided in this Section, then the Subsequent Term shall also be deemed the “Ending Term” with no further obligation on the party of either party.

• This Agreement shall automatically renew for successive Subsequent Terms of one (1) year unless either party provides at least ninety (90) days advance written notice to the other that it elects to terminate this Agreement upon the expiration of the then-current Initial or Subsequent Term.

• Subject to condition 7.1.3, upon the expiry of the Minimum Term or the relevent Subsequent Term, the Contract in relation to the Managed Services Support Services will renew automatically for a Subsequent Term or a further Subsequent Term (as the case may be) in line with condition 2.2.1 following expiry of the Minimum Term or the then current Subsequent Term (as the case may be).

• You acknowledge that we may also charge you certain one-off charges, such as when you request a variation to the Services and we are liable to pay cancellation costs charged by third party suppliers, and/or a Termination Fee if you tell us you want to terminate this Agreement before the expiry of the Minimum Term or any Subsequent Term.

More Definitions of Subsequent Term

Subsequent Term has the meaning given in clause 1.

Subsequent Term means a period of time equal to the Initial Term.

Subsequent Term has the meaning set forth in Section 10.1.

Subsequent Term has the meaning set forth in the NBTUA; and

Subsequent Term means a term of the Letters of Credit other than the Initial Term being the period of three hundred and sixty four (364) days from the end of the Initial Term or any Subsequent Term provided that any such period shall not expire after 2 April 2008.

Subsequent Term means each term following the completion of the Initial Term (where the Agreement is renewed in accordance with Clause 1.4). Surcharge Fee means a fee that a Merchant may apply to a Transaction for acceptance of a Credit Card for payment, this fee is not applied when payment is made via other payment mechanisms. The Surcharge Fee may be either a flat fee or a percentage of the Transaction. A Surcharge Fee may be applied to some or all of the branded cards of a Card Scheme. Sureties or Assignees means a person to whom some right, responsibility or interest is transferred to. Telecommunication Equipment means for the purposes of Clause 7, the equipment (including wiring, or other means by which communication is effected between two points) of a telecommunication provider used in the provision of the Network Service. Telecommunications Network for the purposes of Clause 7, includes any means by which the Network Service is provided to EFTPOS New Zealand by a telecommunications provider and includes the Telecommunication Equipment. Terminal means a card accepting device leased by EFTPOS New Zealand to you under this Agreement.

Subsequent Term means the period of time the Client engages KBIT Consultants following the conclusion of the Initial Term.