Agreement Year 1 Sample Clauses

Agreement Year 1. The period commencing on the Initial Transfer Date and terminating on December 31 of that same Calendar Year, or the following Calendar Year, as determined by the following sentences. If the Initial Transfer Date is on or before June 30, Agreement Year 1 terminates on December 31 of that same Calendar Year. If the Initial Transfer Date is on or after July 1, Agreement Year 1 terminates on December 31 of the following Calendar Year. Thus, the length of Agreement Year 1 may vary from approximately six (6) to eighteen (18) months, but in all events Agreement Year 1 terminates at the end of a Calendar Year.
AutoNDA by SimpleDocs
Agreement Year 1. Facility Rent for the Premises for Agreement Year 1 shall be per year per square foot of space within the Premises. Facility Rent during Agreement Year 1 shall not accrue or become due until the Facility Rent Commencement Date. In the event that the Facility Rent Commencement Date falls on a date other than the Effective Date, Facility Rent for Agreement Year 1 shall be prorated based on the remaining Days in Agreement Year 1.
Agreement Year 1. Facility Rent for the Premises for Agreement Year 1 shall be two dollars and 35/100 cents ($2.35) per year per square foot of space within the Premises.

Related to Agreement Year 1

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Calendar Year Calendar Year" for the purposes of this Agreement shall mean the twelve (12) month period from January 1st to December 31st, inclusive.

  • Vacation Earnings for Partial Years (a) (1) During the first partial year of service a new employee will earn vacation at the rate of one and one-quarter (1¼) days for each month for which he/she earns ten (10) days' pay.

  • Benefit Waiting Period Allowance (a) An employee who qualifies for and takes leave pursuant to 21.1 or 21.2 and is required by Employment Insurance to serve a one-week waiting period for Employment Insurance Maternity/Parental benefits, shall be paid a leave allowance equivalent to one week at 85% of the employee's basic pay.

  • Billing, Payment, Milestones and Financial Security

  • Vacation Year The vacation year shall be April 1 to March 31, inclusive.

  • Transition Period Due to the nature of our purchasing process, the District often requires an existing service provider to continue to provide goods and/or services while the District is in the process of advertising, evaluating, and awarding a contract for the provision of the same goods and/or services in the future. To accommodate this process, the Contractor shall agree to maintain the same terms and conditions set forth in this Agreement for a period up to ninety (90) days after the automatic termination of this Agreement at the end of its term, if requested by the District, as a transition period. In addition, if the Contractor is not the successful bidder for a future solicitation for the same or similar services, he or she shall agree to provide the same goods and/or services provided in this Agreement for a period up to ninety (90) days to allow for an orderly transition to the new provider. The District and the Contractor may mutually agree to a longer transition period.

  • Transitional Period At the end of the transitional period as defined in Article 10(2) of the Directive, the contracting parties shall cease to apply the withholding/retention tax and revenue sharing provided for in this Agreement and shall apply in respect of the other contracting party the automatic exchange of information provisions in the same manner as is provided for in Chapter II of the Directive. If during the transitional period either of the contracting parties elects to apply the automatic exchange of information provisions in the same manner as is provided for in Chapter II of the Directive it shall no longer apply the withholding/retention tax and the revenue sharing provided for in Article 9 of this Agreement.

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

  • Second Year Wage Adjustment Effective July 1, 2020, all salary ranges and rates shall be increased by two and one-half percent (2.50%), rounded to the nearest cent. Salary increases provided by this Section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grids for classes covered by this Agreement are contained in Appendix E-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

Time is Money Join Law Insider Premium to draft better contracts faster.