Annual Marketing Plan for Fiscal Years after the First Fiscal Year Sample Clauses

Annual Marketing Plan for Fiscal Years after the First Fiscal Year. (i) Not less than three (3) months prior to the beginning of each Fiscal Year after the First Fiscal Year, Marketer shall prepare and present to Sasol Member for discussion a proposed Annual Marketing Plan in respect of such subsequent Fiscal Year. The proposed Annual Marketing Plan shall indicate the planned sales volumes in each Geography and for each Product segment that the Marketer commits and targets to Benchmarks for such subsequent Fiscal Year. (ii) Within ten (10) Business Days after Sasol Member receives the proposed Annual Marketing Plan from Marketer, Sasol Member shall notify Marketer if Sasol Member desires to consult with Marketer regarding the proposed Annual Marketing Plan and Marketer shall (whether by telecommunication, videoconference or in person), within ten (10) Business Days of Sasol Member’s notice, meet and consult with Sasol Member regarding the proposed Annual Marketing Plan. If Marketer and Sasol Member agree on the proposed Annual Marketing Plan, Marketer shall issue the Annual Marketing Plan as agreed by Marketer and Sasol Member, which plan shall be deemed the Annual Marketing Plan for such subsequent Fiscal Year for all purposes hereunder. If the Parties are unable to agree on the proposed Annual Marketing Plan, after the Parties have escalated the matter to the senior executives of the ultimate parents of both Parties for consultation (which senior executives, for purposes of clarity, shall be Persons with no lower level of seniority than (A) with respect to the ultimate parent of Marketer, the Executive Vice President Global Olefins and Polymers and (B) with respect to the ultimate parent of Sasol Member, the Executive Vice President Chemicals), then no later than November 30 of the current calendar year, Marketer shall issue an updated Annual Marketing Plan for the upcoming Fiscal Year containing Marketer’s updates and the changes, if any, agreed by the Parties pursuant to this Section 3.5(b) and such modified draft Annual Marketing Plan shall be deemed the Annual Marketing Plan for such subsequent Fiscal Year for all purposes hereunder.
Sample 1
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Related to Annual Marketing Plan for Fiscal Years after the First Fiscal Year

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) its and each of its Domestic Subsidiaries’ fiscal years to end on December 31 of each calendar year and (ii) its and each of its Domestic Subsidiaries’ fiscal quarters to end on March 31, June 30, September 30 and December 31 of each calendar year.

  • Annual Accounting Period The annual accounting period of the Company shall be its taxable year. The Company’s taxable year shall be selected by the Member, subject to the requirements and limitations of the Code.

  • End of Fiscal Years The Parent and the Borrower will maintain their fiscal year ends as in effect on the Effective Date.

  • Fiscal Year End Change, or permit any Subsidiary of any Borrower to change, its fiscal year end.

  • Compensation for Holidays Falling Within Vacation Schedule If a paid holiday falls on or is observed during an Employee's vacation period, she shall be allowed an additional vacation day with pay at a time mutually agreed upon by the Employer and the Employee.

  • Fiscal Year The fiscal year of the Partnership shall be the calendar year.

  • Fiscal Year; Accounting The Company's fiscal year shall be the calendar year with an ending month of December.

  • Change in Fiscal Year Such Obligor will not, and will not permit any of its Subsidiaries to, change the last day of its fiscal year from that in effect on the date hereof, except to change the fiscal year of a Subsidiary acquired in connection with an Acquisition to conform its fiscal year to that of Borrower.

  • Events Subsequent to Most Recent Fiscal Year End Since the Most Recent Fiscal Year End and except as described herein and in the attached exhibits, there has not been any material adverse change in the business, financial condition, operations, results of operations, or future prospects of Sewcal. Without limiting the generality of the foregoing, since that date: (i) Sewcal has not sold, leased, transferred, or assigned any of its assets, tangible or intangible, other than for a fair consideration in the Ordinary Course of Business; (ii) Sewcal has note entered into any agreement, contract, lease, or license (or series of related agreements, contracts, leases, and licenses) involving more than $10,000.00 outside the Ordinary Course of Business; (iii) Sewcal has not accelerated, terminated, modified, or canceled any agreement, contract, lease, or license (or series of related agreements, contracts, leases, and licenses) involving more than $10,000.00 to which Sewcal is a party. (iv) Sewcal has not imposed any Security Interest upon any of its assets, tangible or intangible; (v) Sewcal has not made any capital expenditure (or series of related capital expenditures) either involving more than $5,000.00 outside the Ordinary Course of Business; (vi) Sewcal has not made any capital investment in, any loan to, or any acquisition of the securities or assets of, any other Person (or series of related capital investments, loans, and acquisitions) either involving more than $5,000.00 outside the Ordinary Course of Business; (vii) Sewcal has not issued any note, bond, or other debt security or created, incurred, assumed, or guaranteed any indebtedness for borrowed money or capitalized lease obligation either involving more than $2,500.00 singly or $5,000.00 in the aggregate. (viii) Sewcal has not delayed or postponed the payment of accounts payable and other Liabilities outside the Ordinary Course of Business; (ix) Sewcal has not canceled, compromised, waived, or released any right or claim (or series of related rights and claims) involving more than $2,500.00 outside the Ordinary Course of Business; (x) Sewcal has not granted any license or sublicense of any rights under or with respect to any Intellectual Property; (xi) Sewcal has not made or authorized any change in its articles of incorporation or bylaws of any of Sewcal or its Subsidiaries; (xii) Sewcal has not issued, sold, or otherwise disposed of any of its capital stock, or granted any options, warrants, or other rights to purchase or obtain (including upon conversion, exchange, or exercise) any of its capital stock; (xiii) Sewcal has not declared, set aside, or paid any dividend or made any distribution with respect to its capital stock (whether in cash or in kind) or redeemed, purchased, or otherwise acquired any of its capital stock; (xiv) Sewcal has not experienced any damage, destruction, or loss (whether or not covered by insurance) to its property outside the ordinary course of business; (xv) Sewcal has not made any loan to, or entered into any other transaction with, any of its directors, officers, and employees outside the Ordinary Course of Business; (xvi) Sewcal has not entered into any collective bargaining agreements, written or oral, or modified the terms of any existing such contract or agreement; (xvii) Sewcal has not granted any increase in the base compensation of any of its directors, officers, and employees outside the Ordinary Course of Business; (xviii) Sewcal has not adopted, amended, modified, or terminated any bonus, profit-sharing, incentive, severance, or other plan, contract, or commitment for the benefit of any of its directors, officers, and employees (or taken any such action with respect to any other Employee Benefit Plan); (xix) Sewcal has not made any other change in employment terms for any of its directors, officers, and employees outside the Ordinary Course of Business; (xx) Sewcal has not made or pledged to make any charitable or other capital contribution outside the Ordinary Course of Business; (xxi) (removed) (xxii) There has not been any other material occurrence, event, incident, action, failure to act, or transaction outside the Ordinary Course of Business involving Sewcal and/or its Subsidiaries; and

  • Planning Period All observations must be conducted openly and with full knowledge of the employee.

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