Term Agreement definition

Term Agreement shall have the meaning assigned that term in the Intercreditor Agreement.

Term Agreement means the agreement comprising a Deal Memorandum and these Terms and Conditions;

Term Agreement means the collective reference to (a) the Term Credit Agreement, (b) any Additional Term Agreement and (c) any other credit agreement, loan agreement, note agreement, promissory note, indenture or other agreement or instrument evidencing or governing the terms of any indebtedness or other financial accommodation that has been incurred to extend, replace, refinance or refund in whole or in part the indebtedness and other obligations outstanding under the Term Credit Agreement (regardless of whether such replacement, refunding or refinancing is a “working capital” facility, asset-based facility or otherwise), any Additional Term Agreement or any other agreement or instrument referred to in this clause (c) unless such agreement or instrument expressly provides that it is not intended to be and is not a Term Agreement hereunder (a “Replacement Term Agreement”). Any reference to the Term Agreement hereunder shall be deemed a reference to any Term Agreement then extant.

Examples of Term Agreement in a sentence

• Cancellation of Term Agreement prior to the end of the term will result in early cancellation penalties being applied.

• Superseding First Revised Page 98 RATE SCHEDULES Schedule 53 (continued) If Customer takes service under a Standard Term Agreement and terminates service under Agreement for any reason prior to the expiration of the initial five-year term, Customer shall pay as liquidated damages and not a penalty the removal cost plus remaining value of the system.

• If Customer takes service under Long Term Agreement and terminates service under Agreement for any reason during the first five years of initial term, Customer shall pay as liquidated damages and not a penalty a sum equal to the difference between the Long Term Rate and Standard Term Rate for each luminaire under the Agreement which is terminated for the entire period service was provided under Agreement, together with the cost of removal of the system plus remaining value of the system.

• Upon completion of the current contract term, customers may continue receiving the service by entering into a new 12-month Service Term Agreement at the then current applicable 12- month rates.

• A Termination Liability charge applies to early termination of a Term Agreement.

More Definitions of Term Agreement

Term Agreement means and includes collectively all of the following: (1) these GTCs, (2) the Addendum duly executed by the Parties, but solely with respect to the Facilities or Services covered by that Addendum; (3) the Order duly executed by the Parties, but solely with respect to the Facilities or Services covered by that Order; (4) all exhibits incorporated by reference into any of the above; and (5) all amendments to any of the above duly executed by the Parties. Activation Date. The date on which the Facilities or Services first become available for User’s use under the applicable Order, as determined in accordance with the process set forth in the Order or applicable Addendum. Addendum (singular) or Addenda (plural). An addendum to these GTCs executed by the Parties that describes the Facility(ies) or Service(s) available to be ordered by User pursuant to these GTCs and that includes additional terms and conditions applicable specifically to such Facility(ies) or Service(s). The term Addendum herein refers to either a Facility Addendum or a Service Addendum, as defined below in this Section. Each Addendum duly executed by the Parties will be valid and applicable for all additional Orders duly executed by the Parties thereafter for the same type of Facility or Service, unless and until the City issues a new or revised Addendum for the applicable Facility or Service, as described in Section 2.5 of these GTCs. Each Addendum incorporates by reference these GTCs as if the GTCs are fully set forth therein.

Term Agreement. The 1997 Term Credit Agreement dated as of the date hereof, among the Borrower and certain Lenders specified therein, (which amends and restates the 1996 Term Credit Agreement dated as of May 3, 1996, as amended by the First Amendment to 1996 Term Credit Agreement dated as of July 17, 1996; the Second Amendment to 1996 Term Credit Agreement dated as of July 31, 1996; and the Third Amendment to 1996 Term Credit Agreement dated as of December 27, 1996), and as further amended or restated from time to time.

Term Agreement means [ ] Describe the credit agreement, indenture or other document pursuant to which the Term Obligations are incurred.

Term Agreement means the term credit agreement dated as of October 7, 2008 to which the Company, Xxxxx Fargo, as administrative agent, and the Lenders (as defined therein) are parties, as from time to time modified and in effect.

Term Agreement means that certain Financing Agreement, dated as of the date hereof, among the Loan Parties from time to time party thereto, the lenders party thereto and the Term Agent, as amended, restated, modified, supplemented, extended, renewed, restructured, refunded, replaced or refinanced from time to time in accordance with the Intercreditor Agreement.

Term Agreement means the Original Term Agreement as amended hereby.

Term Agreement means (i) any contract or agreement commonly known as, or falling into categories commonly known as, “Indefinite Delivery, Indefinite Quantity” (“IDIQ”), “Government Wide Acquisition Contracts” (“GWAC”), “GSA Multiple Award Schedule,” “Blanket Purchase Agreement” (“BPA”), or “Master Agency Contract” (“MAC”), which are agreements for a period of time or open-ended, and do not include, without limitation, single purchase order agreements.