Minimum Term definition

Minimum Term means, in respect of this Agreement, the period of 12 months beginning on the Effective Date;

Minimum Term means each minimum initial and subsequent period of service for each Service as shown on the Service Agreement and Order Schedule, the initial period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed or if not stated on the Service Agreement or order schedules, the Minimum Term will be 12 months or such other period as may be notified to you in accordance with paragraph 19.2.

Minimum Term means, in respect of this XXXX, the period of 12 months beginning on the Effective Date;

Examples of Minimum Term in a sentence

• For the avoidance of doubt, no amount shall be payable pursuant to this condition 14.4 where the Contract is terminated before the end of the Minimum Term due to any breach of contract by Digital Origin.

• Effect of termination‌ [ASX Minimum Term 5 and ASX Clear Minimum Term 12] Termination does not affect the existing rights and obligations of the Client or Openmarkets at or prior to the termination.

• Without prejudice to the generality of condition 14.3, in the event of any termination by the Client of the Contract before the end of the Minimum Term, the Client shall immediately pay to Digital Origin an amount representing the Commission Clawbacks which are attributable to the Network Services being terminated and the Initial Consultancy Fee and the Early Termination Charges set out in these Conditions.

• The Services, Equipment and/or Leased Equipment supplied under the Contract shall be provided by Digital Origin to the Client for the Minimum Term and, after that, shall continue to be supplied unless the Contract is terminated in accordance with these Conditions.

• Appointment as agent‌ [ASX Clear Minimum Term 10] The Client irrevocably appoints severally ASX Clear, and every director, manager and assistant manager for the time being of ASX Clear, at the option of ASX Clear (as applicable) to do all acts and execute all documents on the Client's behalf for the purpose of exercising the powers conferred on ASX Clear under ASX Clear Operating Rule 15 including, the power to transfer or close out Derivatives Contracts if Openmarkets commits an event of default.

More Definitions of Minimum Term

Minimum Term means the initial period of this Agreement as specified in the Commercial Schedule and if not specified shall be the period from the Commencement Date until the expiry of the last Minimum Period;

Minimum Term has the meaning given to it in Clause 4(b).

Minimum Term means the minimum contract term for which Customer acquires a Service, as set out in the relevant Order, and which commences on the Billing Commencement Date. Order means an order that sets out the Services that Customer requests Megaport to provide (whether in manual format or as submitted in the Megaportal or via the Megaport API).

Minimum Term means the minimum contract period applying to each of the Services as specified in the Network Services Agreement.

Minimum Term means the minimum contract period applying to each of the Services commencing on the Commencement Date for Maintenance Services or the Connection Date with regard to Fixed Network Services (as the case may be) and expiring on the day at the end of the minimum period set out on the Order Form;

Minimum Term means the number of elapsed calendar months after the Ready For Service date, identified upon the Service Order and for which a customer commits to procure the service.

Minimum Term means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.