Term

Term. The term of this Agreement, which shall commence on the EFFECTIVE DATE and shall remain in effect until the expiration or termination of the last VALID CLAIM within the PATENT RIGHTS, unless earlier terminated in accordance with the provisions of this Agreement.

Term. The period from the Effective Date until the earlier of the expiration of the last to expire of the Licensed Patent Rights or the termination of this Agreement as permitted herein.

Term. The Term of this Warrant shall commence on the earliest to occur of: (i) the date of the closing of a Qualified Financing, (ii) thirty (30) days prior to a Change of Control , or (iii) the Maturity Date of the Note, whether or not the Note has been paid prior thereto, and shall continue until its expiration described in Section 13 below.

Term. Shall mean the three (3) year period beginning on January 1, 2012 and ending on December 31, 2014.

Term. The initial term of this Material Supply Agreement and any extension and renewal thereof.

Term. Any term capitalized herein but not otherwise defined herein shall have the meaning provided for in the Lease.

Term. Each term used herein which is defined in the Indenture has the meaning assigned to such term in the Indenture unless otherwise specifically defined herein, in which case the definition set forth herein shall govern.

Term. All non-capitalized terms in Sections 3 and 4 are intended to and shall have the same meanings that those terms (to the extent they appear therein) have in La. R. S. 23:921.C. Subject to and only to the extent not consistent with the foregoing sentence, the parties understand the following phrases to have the following meanings: (a) The phrase " carrying on or engaging in a business similar to the business of the Company " includes engaging, as principal, executive, employee, agent, trustee,... advisor, consultant or through the agency of any corporation, partnership, association or agent or agency, in any business which conducts business in competition with the Company (including its Related Entities) or being the owner of more than 1% of the outstanding capital stock of any corporation, or an officer, director, or employee of any corporation or other entity, (other than the Company or a corporation or other entity, affiliated with the Company) or a member or employee or any partnership, or an owner or employee of any other business, which conducts a business or provides a service in the Restricted Area in competition with the Company or any affiliated corporation or other entity. Moreover, the term also includes (i) directly or indirectly inducing any current customers of the Company, or any affiliated corporation or other entity, to patronize any product or service business in competition with the Company or any affiliated corporation or other entity, (ii) canvassing, soliciting, or accepting any product or service business of the type conducted by the Company or any affiliated corporation or other entity (iii) directly or indirectly requesting or advising any current customers of the Company or any affiliated corporation or other entity, to withdraw, curtail or cancel such customer's business with the Company or any affiliated corporation or other entity; or (iv) directly or indirectly disclosing to any other person, firm, corporation or entity, the names or addresses of any of the current customers of the Company or any affiliated corporation or other entity or the rates or other terms on which the Company provides services to its customers. In addition, the term includes directly or indirectly, through any person, firm, association, corporation or other entity with which Executive is now or may hereafter become associated, causing or inducing any present employee of the Company or any affiliated corporation or other entity to leave the employ of the Company or any affiliated corporation or other entity to accept employment with Executive or with such person, firm, association, corporation, or other entity. (b) The phrase "a business similar to the business of the Company" means mat sales and rentals (site construction), and drilling and completion fluids and related businesses. (c) The phrase "carries on a like business" includes, without limitation, actions taken by or through a wholly-owned subsidiary or other affiliated corporation or entity. (d) All references to the Company shall also be deemed to refer to and include the Related Entities. View More

Term. The period beginning at the Effective Date of this Agreement as set forth above and ending five (5) years after the Effective Date, unless earlier terminated pursuant to this Agreement

Term. The period of time commencing on the Effective Date and ending upon the termination of this Agreement