Effective Dates of Adjustments Sample Clauses

Effective Dates of Adjustments. 6.2.2.1 Category adjustments will be effective on the first day of classes. Ordinarily all documentation should be completed by December 31st. However, in the event that documentation of the application cannot be completed by December 31st, the teacher concerned shall file a letter of intent, with the Superintendent of Human Resources, prior to that date, explaining the reasons for the delay in completing documentation. If the reasons stated are deemed valid by the Board, and if the documentation is received and approved by the Board, the teacher's application and its retroactivity will be protected until the final deadline date of May 31st. 6.2.2.2 Category changes resulting from academic or other credits gained since the first day of classes, but prior to January 31 of the school year, will result in adjustments retroactive to the first day of the second semester of the current school year. Documentation will be completed within four months of the date of qualification. 6.2.2.3 Category change based upon the successful completion of a Trade Test during the school year will be accepted if otherwise documented.

Effective Dates of Adjustments. Basic Rent shall be adjusted commencing on the second anniversary of the Basic Rent Payment Date on which the first full monthly installment of Basic Rent shall be due and payable (i.e., the “First Full Basic Rent Payment Date”). As of such second anniversary of the First Full Basic Rent Payment Date and on each anniversary of such date occurring thereafter during the Term (including, if same is extended, during the each Renewal Term), Basic Rent shall be adjusted as provided in Paragraph 3 below (each such date being hereinafter referred to as the “Basic Rent Adjustment Date”).

Effective Dates of Adjustments. 6.2.2.1 Category adjustments will be effective on the first day of classes. Ordinarily all documentation should be completed by December 31st. However, in the event that documentation of the application cannot be completed by December 31st, the teacher concerned shall file a letter of intent, with the Superintendent responsible for Human Resources, prior to that date, explaining the reasons for the delay in completing documentation. If the reasons stated are deemed valid by the Board, and if the documentation is received and approved by the Board, the teacher's application and its retroactivity will be protected until the final deadline date of May 31st. 6.2.2.2 Category changes resulting from academic or other credits gained since the first day of classes, but prior to January 31 of the school year will result in adjustments retroactive to the first day of the second semester of the current school year. Documentation will be completed within four months of the date of qualification (proof is required of the date the course was completed). In the event that documentation of the application cannot be completed within the four months, the teacher concerned shall file a letter of intent, with the Superintendent responsible for Human Resources prior to that date, explaining the reasons for the delay in completing documentation. If the reasons stated are deemed valid by the Board, and if the documentation is received and approved by the Board, the teacher’s application and its retroactivity will be protected until the final deadline date of June 15th. 6.2.2.3 Category change based upon the successful completion of a Trade Test during the school year will be accepted if otherwise documented.