Initial Term Contract Clauses (29)
Grouped Into 4 Collections of Similar Clauses From Business Contracts
This page contains Initial Term clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Initial Term. All outstanding principal and all accrued and unpaid interest hereunder shall be due and payable on or before the earlier of (a) the date that is one hundred and fifty (150) days following the date of issuance of this Note, or (b) the date that is three (3) business days following the closing of a reverse merger transaction involving Maker (the "Maturity Date"), unless such maturity date is accelerated in accordance with the terms of this Note.
Found in
DropCar, Inc. contract
Initial Term. The Initial Term of this Chairman Agreement shall commence on September 1, 2019 and it shall continue in effect for a period of three (3) years. Thereafter, the Chairman Agreement shall be renewed automatically agreement of Chairman and Company unless decided otherwise by the Board of Directors of the Chairman.
Found in
SQL Technologies Corp. contract
Initial Term. (a) Term. The Premises is leased to Tenant hereunder for a (5) year term (the "Initial Term") commencing on May 1, 2016 and terminating on April 30, 2021. The term will automatically renew for successive six (6) month terms until terminated by Landlord or Tenant by written notice given at least thirty (30) days prior to the end of any term.
Initial Term. The term of this Agreement shall commence on July 1, 2016 and shall continue in effect for a period of two (2) years (the "Initial Tern"). Following the expiration of the Initial Tern, the Agreement shall be renewed upon the mutual agreement of Executive and Company.
Found in
SQL Technologies Corp. contract