Applicable Period Defined Sample Clauses

Applicable Period Defined. The “applicable period” is the period beginning with the preceding Calculation Date and ending with the current Calculation Date, which normally will be 12 months. For the initial year of any tenancy, the annual rent increase percentage shall be prorated, as necessary to account for the first applicable period being more or less than 12 months. For example, if the Initial Calculation Date is eight months before the current Calculation Date, and the CPI increase over that time period was 6%, the permissible increase would be 4% [8/12 x 6%].
Sample 1
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Related to Applicable Period Defined

  • NEGOTIATED DEFINITIONS Wherever used in Articles IV, V, and VI, the following terms shall have the following meanings, unless the context in which used clearly indicates another meaning or otherwise; provided however, if there is a conflict between a term defined in this section and a term defined in the Act, the Comptroller’s Rules, or Section 1.1 of Agreement, the conflict shall be resolved by reference to Section 10.9.C.

  • FTE Definition Effective September 1, 2017, part-time teacher FTE will be determined by the ratio of the teacher’s actual annual instructional time to the teacher instructional time of a full-time assignment in the teacher’s school. This FTE will be used to calculate the prorated portion of a teacher’s assignable time.

  • Introductory Period ‌ The first 120 calendar days of continuous employment with the employer shall be considered an introductory period. During or at the conclusion of the introductory period, the Employer may decide to terminate the employment relationship for any reason without notice or pay in lieu of notice, and such termination shall not be subject to the grievance procedure. The introductory period, with mutual agreement between the Employer and the Union, may be an extended for up to 60 additional days.

  • Additional Definitions The following terms have the meanings given below:

  • Preamble and Definitions 1.1 The preamble to this agreement constitutes an integral part hereof.

  • 020 Definitions The following definitions shall be applicable to this chapter:

  • SECTION I - DEFINITIONS As used in this Agreement, the following terms shall have the meanings ascribed herein unless otherwise stated or reasonably required by the Agreement, and other forms of any defined words shall have a meaning parallel thereto.

  • – SCOPE & DEFINITIONS 2.01 The employer recognizes the Ontario Nurses’ Association as the sole and exclusive bargaining agent for all registered nurses and nurses with a temporary certificate of registration employed by THE WILLOWGROVE LTC Residence in the City of Xxxxxxxx, save and except managers, persons above the rank of manager and persons covered by a subsisting collective agreement.

  • Additional Defined Terms As used herein, the following defined terms shall have the following meanings with respect to the Notes only:

  • Employee Definitions For the purpose of this Agreement, the following definitions shall apply:

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