Extension of Initial Contract Period definition

Extension of Initial Contract Period means the extension of the Initial Contract Period by mutual agreement of the Parties as provided for in clause 6.1, or the tacit extension of the Contract Period provided for in clause 2.6 Group means in relation to a company, that company, any subsidiary or holding company from time to time of that company and any subsidiary from time to time of a holding company of that company. Initial Contract Period means the fixed initial Contract Period set out in the Agreed Order or the default period of five (5) years starting on the Commencement Date or on the Commencement Date of Support Services, if later. Intellectual Property rights or IPRs means all patents, rights to inventions, copyright and related rights, industrial property rights, trade marks and service marks, business names and domain names, rights in designs, rights in computer software, database rights, rights to use, and protect the confidentiality of, confidential information (including know-how and trade secrets), any rights in any discovery, invention or process, and applications for and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world.
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Extension of Initial Contract Period means the extension of the Initial Contract Period by mutual agreement of the Parties as provided for in clause 6.1, or the tacit extension of the Contract Period provided for in clause 2.6 Group means in relation to a company, that company, any subsidiary or holding company from time to time of that company and any subsidiary from time to time of a holding company of that company. Initial Contract Period means the fixed initial Contract Period set out in the Agreed Order or the default period of five (5) years starting on the Commencement Date. Intellectual Property rights means all patents, rights to inventions, copyright and related rights, industrial property rights, trade marks and service marks, business names and domain or IPRs names, rights in designs, rights in computer software, database rights, rights to use, and protect the confidentiality of, confidential information (including know- how and trade secrets), any rights in any discovery, invention or process, and applications for and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world.
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Examples of Extension of Initial Contract Period in a sentence

  • Subject to the Pricing Schedule and the provision in clause F6 (Variation), the Contract Price shall apply for the Initial Contract Period and following an extension pursuant to clause F8 (Extension of Initial Contract Period), to the date of expiry of the extended period, or such earlier date of termination or partial termination of the agreement in accordance with the Law or the provisions of the Contract.

  • In the event that the Authority agrees to extend the Initial Contract Period pursuant to clause F8 (Extension of Initial Contract Period), the Authority may, where applicable, in the six (6) Month period prior to the expiry of the Initial Contract Period, enter into good faith negotiations with the Contractor (for a period of not more than thirty (30) Working Days) to agree a variation in the Contract Price.

  • In the event that the Client agrees to extend the Initial Contract Period pursuant to clause F8 (Extension of Initial Contract Period) the Client shall, in the 6 month period prior to the expiry of the Initial Contract Period, enter into good faith negotiations with the Contractor (for a period of not more than 30 Working Days) to agree a variation in the Contract Price.

  • A4.1 The Contract shall take effect on the Commencement Date and shall expire automatically at midnight on the date set out in the Form of Contract, unless it is otherwise terminated in accordance with the provisions of the Contract, or otherwise lawfully terminated, or extended under clause F8 (Extension of Initial Contract Period).

  • E6 Extension of Initial Contract Period E6.1 This Contract contains the option to extend for a further period of up to 1 (one) year subject to the agreement of both parties.

  • The Contract shall take effect on the Commencement Date and shall expire automatically on [……… 20--], unless it is otherwise terminated in accordance with the provisions of the Contract, or otherwise lawfully terminated, or extended under clause F8 (Extension of Initial Contract Period).

  • A.2.1The Contract shall take effect on the Commencement Date and shall expire automatically Three Years (3) after the commencement date on 15th September 2016, unless it is otherwise terminated in accordance with the provisions of the Contract, or otherwise lawfully terminated, or extended under Clause E6 (Extension of Initial Contract Period).

  • Extension of Initial Contract Period Subject to clause 13 (Price Adjustment on Extension of the Initial Contract Period), the Authority may, by giving written notice to the Contractor not less than three (3) Month(s) prior to the last day of the Initial Contract Period, extend the Contract for such further period as may be specified in the notice.

  • This Contract shall commence on the date specified within this contract (the Commencement Date) and shall expire automatically on 31st December 2016 unless it is otherwise terminated in accordance with the provisions of this Contract, or otherwise lawfully terminated, or extended under clause F9 (Extension of Initial Contract Period).

  • A.2.1The Contract shall take effect on the Commencement Date and shall expire automatically two years later unless it is otherwise terminated in accordance with the provisions of the Contract, or otherwise lawfully terminated, or extended under Clause E6 (Extension of Initial Contract Period).

Related to Extension of Initial Contract Period

  • Initial Contract Period means the period from the Commencement Date to the date of expiry set out in clause A2 (Initial Contract Period), or such earlier date of termination or partial termination of the agreement in accordance with the Law or the provisions of the Contract.

  • Extension Period has the meaning specified in Section 3.12.

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

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

  • Resolution Extension Period As defined in Section 2.03(b).