Variation Term definition

Variation Term means the period of time, being not less than one calendar month for which this agreement is to apply, as set out in clause 11.5.
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Variation Term means the period of time, being not less than 24 months for which this agreement is to apply, as set out in clause 4.
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Examples of Variation Term in a sentence

  • In particular, the Company shall ensure that the EU investment firm keeps clients’ funds in segregated bank accounts in order to be separated from its own funds and that regular reconciliations are performed as regards clients’ funds.

  • The Employee and the Employer acknowledge that this Agreement constitutes a notice of a variation to the Employment Contract for the Variation Term in accordance with the provisions of section 4 of the Employment Rights Act of 1996.

  • Contract Variation (Term or Amount) $75.00: Fee is charged when the term or amount on the loan contract are changed.

  • The Variation Term for this variation of the Employment Contract shall commence on the first day of the next pay period declared by the employee on the system and shall expire on the last day of the pay period as declared by the Employee on the System and reported to the Employer.

  • Light commercial and vehicles up to $25,000: Fee range $250-$400 Contract Variation (Term or Amount) $75.00 Fee is charged when the term or amount on the loan contract are changed.

  • The Variation Term for these variations of the terms shall on the first available day as notified on the Application Form and shall expire on the last day of the current financial year.

  • Stratigraphic, the shales within Miocene may act as seals for reservoirs within Miocene.

  • After discussion, Mr. Edge made a motion to receive and file the portfolio review by Clay Finlay, Inc.

  • The employee and the employer agree to vary their Terms for the Variation Term as follows: The employee will cease to be entitled to the original Monthly Salary The employee will be entitled to receive the Adjusted Monthly Salary and Childcare Vouchers Direct Value.

  • The employee and the employer acknowledge, that this Agreement constitutes a notice of a variation to the Terms for the Variation Term in accordance with the provisions of section 4 of the Employment Rights Act of 1996.

Related to Variation Term

  • Collaboration Term has the meaning set forth in Section 2.1(h).

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

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

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

  • Fixed term tenancy means a tenancy that has a fixed term of existence, continuing to a

  • Original Term shall have the meaning specified in Section 10 hereof.

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • Renewal Term has the meaning set out in Section 9.1.

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

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Additional Term means that term commencing on the last day of the Basic Term and terminating one (1) year thereafter.

  • Basic Term shall have the meaning specified in Section 2.2 of the Lease.

  • Base Year means the period set forth in Section 5 of the Summary.

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

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”

  • The term Trustee" shall mean The Bank of New York Mellon and its successors in interest or any successor trustee appointed as provided in the Standard Terms and Conditions of Trust.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

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

  • Net Rentable Area means with respect to any Project, the floor area of any buildings, structures or improvements available for leasing to tenants (excluding storage lockers and parking spaces), as reasonably determined by the Administrative Agent, the manner of such determination to be consistent for all Projects unless otherwise approved by the Administrative Agent.

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

  • Commencement Date means the date of this Agreement;

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.