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noncancellable

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OPERATING LEASE The Institute is obligated under a noncancellable operating lease for its office space in Chantilly, Virginia.
The contract offers three levels of protection-Income I, II or III--on a noncancellable or guaranteed-renewable basis.
AcSEC understands that, although the terms of contractual arrangements between a television network and an entity in the film industry for delivery of an episodic television series may be binding and noncancellable in form, in practice these contracts often are amended or canceled in the initial years of the series.
 
 
 
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