Initial Testing Period definition

Initial Testing Period means a period of three (3) months beginning on the Commencement Date.
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Initial Testing Period. A period of one year, commencing on the Effective Date.
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Initial Testing Period. Has the meaning set forth in Section 9.24 herein.
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Examples of Initial Testing Period in a sentence

  • In the event the Licensee does not notify of its intention within forty-five (45) days of the completion of the Initial Testing Period, LifeArc may terminate this Agreement with immediate effect.

  • A period of one year, commencing on the day after the expiration of the Initial Testing Period (as further provided in Section 2.3).

  • That certain period of time, consisting of the Initial Testing Period and any effective Testing Period Renewal Term, that occurs immediately prior to the commencement of the leasehold and during which Tenant may investigate the feasibility of constructing and operating a wireless telecommunications facility on the Premises as further provided in Section 2.

  • If Tenant does not commence the Agreement during the Initial Testing Period or any extension thereof, this Agreement will terminate and the parties will have no further liability to each other.

  • The Initial Testing Period shall run from and after the date of this Agreement for a period of twenty-four (24) months, commencing on the date of full execution of this Lease.

  • The sum to be paid by Tenant to Landlord for the Testing Period, which is the sum of $1,500.00 for the Initial Testing Period and the sum of $1,500.00 for the Testing Period Renewal Term, if any.

  • That certain period of time, consisting of the Initial Testing Period and any effective Testing Period Renewal Term, that occurs on the Effective Date of the Agreement and during which Grantee may investigate the feasibility of constructing and operating a wireless telecommunications facility on the Premises as further provided in Section 2.

  • During the Initial Testing Period and the Extension Period, if any, the Debt Service Coverage Ratio shall be not less than 1.0 to 1.0 (the “Minimum Debt Service Coverage Requirement”), calculated on a quarterly basis, and evidenced by a certificate from an Authorized Representative, with such back-up documents as may be reasonably required by Agent.

  • If Tenant does not commence the Lease during the Initial Testing Period or any extension thereof, this Lease will terminate and the parties will have no further liability to each other.


More Definitions of Initial Testing Period

Initial Testing Period means all Appendix II Performance Periods commencing with the Appendix II Performance Period beginning on January 1, 2015 and ending with (but including) the Appendix II Performance Period that is the fifth to last Appendix II Performance Period.
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Initial Testing Period means the period of time between when the system is installed and when the
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Related to Initial Testing Period

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of Holdings then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Covenant Testing Period means a period (a) commencing on the last day of the fiscal quarter of Parent most recently ended prior to a Covenant Trigger Event for which Borrowers are required to deliver quarterly or annual financial statements pursuant to Section 5.2 of this Agreement, and (b) continuing through and including (but ending on) the first day, after such Covenant Trigger Event, on which Availability has exceeded 20% of the then effective Borrowing Base for 30 consecutive days.

  • Net metering period means the 12-month period following the date of final interconnection of the

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • 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;