Term Defined Clause Samples
The "Term Defined" clause establishes the specific meaning of a word or phrase as it is used within the contract. This clause typically lists terms that may have specialized, technical, or non-standard meanings, and assigns each a clear definition to be referenced throughout the agreement. By doing so, it ensures that all parties interpret key terms consistently, reducing ambiguity and minimizing the risk of disputes over interpretation.
POPULAR SAMPLE Copied 1 times
Term Defined. For purposes of this Agreement, the word “Term” shall specifically include the Initial Term and all Extended Term hereunder.
Term Defined. For all purposes of this Supplemental Indenture, except as otherwise defined or unless the context otherwise requires, terms used in capitalized form in this Supplemental Indenture and defined in the Indenture have the meanings specified in the Indenture.
Term Defined. When used in this Lease, the “Term” includes the Initial Term and all Renewal Terms for which Tenant has extended this Lease pursuant to this Section 3 and any extension by Landlord pursuant to Section 8.2.5 and any extension pursuant to Section 5.7 with respect to the applicable Facility(ies) subject to such extension pursuant to Section 5.7 (unless Landlord otherwise so elects).
Term Defined. The term of this Lease is Thirty (30) years, beginning on the 1st day of December, 2023 (the “Commencement Date”), and ending on the 30th day of November, 2053 (the “Termination Date”), unless terminated sooner under the terms of this Lease (the “Term”). Whenever the phrase “termination of this Lease” or “termination of the Lease” is used in this Lease, it shall refer to the ending, termination, cancellation, or expiration of the Lease.
Term Defined. The term of this lease shall be for 99 years unless terminated earlier by mutual agreement of WKRFA and the City or upon occurrence of the City Vacation as defined below.
Term Defined. For purposes of this Agreement, the word “Term” shall specifically include the Initial Term and the Renewal Term hereunder.
Term Defined. The term of this Lease is Ten (10) years (the “Term”), beginning on the 15th day of November, 2020 (the “Commencement Date”), and ending on the 14th day of
Term Defined. For purposes hereof the “Term” of this Agreement shall be the Initial Term as set forth in Section 3.1, as extended from time to time, through the Termination Date.
Term Defined. The terms "term" or "term of this Lease" shall mean the term set forth in Paragraph 2.1.
Term Defined. In this subsection, the term ‘‘design-build project’’—
(A) means a project under which a recipi- ent enters into a contract with a seller, firm, or consortium of firms to design and build a public transportation system, or an operable segment of such system, that meets specific performance criteria; and
(B) may include an option to finance, or operate for a period of time, the system or segment or any combination of designing, building, operating, or maintaining such system or segment.