Maximum Term Sample Clauses
The Maximum Term clause sets a definitive upper limit on the duration of an agreement or contract. It specifies the longest period the contract can remain in effect, regardless of any renewals or extensions that might otherwise apply. For example, even if a contract allows for automatic yearly renewals, the maximum term clause would cap the total length at a specified number of years. This clause ensures that both parties have certainty about the ultimate end date of their obligations, preventing indefinite commitments and facilitating long-term planning.
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Maximum Term. Notwithstanding anything to the contrary, the Option shall in no case be exercisable on or following the expiration date set forth in Section 1.
Maximum Term the expiration of five (5) years from the date of this Agreement;
Maximum Term. In no event may your Option be exercised after the tenth anniversary of the Grant Date (“Expiration Date”).
Maximum Term. Except when a shorter term is expressly provided for elsewhere in this Agreement, a Player Contract may cover, in the aggregate, up to but no more than three (3) Seasons (and the immediately succeeding Off-Seasons) from the date such Contract is signed; provided, however, that (a) a Contract between a Qualifying Veteran Free agent and her Prior Team may cover, in the aggregate, up to but no more than four (4) Seasons (and the immediately succeeding Off-Seasons), (b) a Rookie Scale Contract shall cover, in the aggregate, three (3) Seasons plus an Option Year, and (c) an Extension of a Rookie Scale Contract may cover, in the aggregate, up to but no more than four (4) Seasons from the date such Extension is signed.
Maximum Term. Subject to the following provision, the term during which an Award may be outstanding shall not extend more than ten years after the Date of Grant, and shall be subject to earlier termination as specified elsewhere in the Plan or Award Agreement.
Maximum Term. Notwithstanding anything to the contrary herein or in Exhibit A, no Initial Term may extend beyond the second anniversary of the Distribution Date (as defined in the Separation Agreement), and no Renewal Term may extend beyond the third anniversary of the Distribution Date (as defined in the Separation Agreement).
Maximum Term. Unless terminated earlier in accordance with the terms of this Agreement, this Option will expire at the close of business on the final trading day immediately prior to the tenth anniversary of the Grant Date.
Maximum Term. The maximum term for the registration of a Registered Domain Name within the .cn TLD shall be five (5) years. Domain Name registrations shall be available for terms of one (1), two (2), three (3), four (4) and five (5) years.
Maximum Term. The term of the any such loan shall not exceed 5 years; provided, however, that such limitation shall not apply to any loan used to acquire, construct, reconstruct, or substantially rehabilitate any dwelling unit which within a reasonable time is to be sued (determined at the time the loan is made) as a principal residence of the Participant or a member of the Participant's family (within the meaning of Code Section 267(c)(4)).
Maximum Term. No contract for health studio services may require payments or financing by you over a period in excess of 36 months from the date of the contract, nor may any contract term be measured by or be for a life term. USE FEES. Use fees, or dues to be paid by you, if such fees are subject to periodic adjustment, may not be raised by CRUNCH more than once in a calendar year.