stated term

See: condition
References in periodicals archive ?
Regardless of the stated term of the contract, the County may terminate the contract whenever the amount incurred under the contract equals or exceeds 100% of the estimated quantity(ies) specified in the RFB
PAC anticipates the New Loan for Northpointe will require monthly installments of interest only through the second year of the New Loan and will amortize over a 30-year term for the balance of its stated term and anticipates the New Loan for Cypress will amortize over a 30-year term for its stated term.
EoACAo She is first diagnosed with a terminal illness before the last 18 months of the stated term
Where there is security of tenure, then a commercial lease will actually carry on beyond the stated term, until it is terminated in accordance with the 1954 act, but the right to remain in occupation is not absolute.
Even in London the Lord Mayor has a stated term and then an election by the people to choose the one to follow him into power.
The benchmarked yield was based on a Treasury security with a term of about one-third the stated term of bonds then issued by the taxpayer.
Although the stated term of these leases was one year, its actual life was co-extensive with the perpetual right of renewal so long as the rent stabilization laws remain in effect.
The stated term of the Lease is for two (2) years which may be extended based on continuous drilling.
Where a stated term of employment is used, the agreement should also specify the consequences where a deal is negotiated or "introduced" by a broker during his or her tenure, but consummated after the expiration of the broker's employment.
The court stated, however, that failure to declare the loan in default precludes the taxpayer from not accruing interest or deviating from the stated term of the contract.
it is a legal entity with authority to conduct business in its own name; it must be formed by two or more members; and it must have a stated term of existence or duration, generally no more than 30 years in length.
77-454, the letter ruling held that when the fixed annuity to be paid from a trust will exhaust the corpus of the trust before the end of the trust term, the value of the retained annuity is the present value of the right to receive the payments until the fund is exhausted or until the prior death of the annuitant, rather than the value computed from the actuarial tables based on the stated term of the trust.