First Agreement Year Sample Clauses

First Agreement Year. For the first Agreement Year, the Minimum Annual Guarantee shall be Fifty Nine Thousand and no cents ($59,000.00).
AutoNDA by SimpleDocs
First Agreement Year. For the first Agreement Year, the LDU’s shall be entitled to that number of Curtailment Units and Supplemental Annual Curtailment Units equal to those available under this Agreement in any other Agreement Year less the number of such units utilized by the LDU’s under the 1991 Peaking Gas Management Agreement during the period from 0800 PST on November 1, 1995 until the Transition Time.
First Agreement Year. The Minimum Passenger Counts for the first Agreement Year are set forth in the Schedule of Minimum Passenger Counts attached as EXHIBIT C. During the first Agreement Year, CRUISES shall pay the amount shown on the Rate Schedule attached as EXHIBIT B, for passengers actually boarded, plus the amount of $11.20 per shortfall passenger (“Shortfall Passenger”). The term “Shortfall Passenger” shall mean a passenger which would have had to have been boarded in order to meet the Minimum Monthly Passenger Count, but which was not, in fact, boarded, resulting in a failure to meet the Minimum Monthly Passenger Count. Amounts due for passengers actually boarded shall be paid as otherwise provided in this Agreement. The number of Shortfall Passengers for the first billing (“First Billing”) shall be equal to 54,000 passengers less the number of passengers actually boarded during the preceding six (6) month period. The First Billing for Shortfall Passengers shall be at the conclusion of the first six (6) months of the first Agreement Year. The number of Shortfall Passengers for the second billing (“Second Billing”) shall be equal to 156,000 passengers less the number of passengers actually boarded during the preceding twelve (12) month period. The Second Billing shall be at the conclusion of the first Agreement Year. If at the time of the Second Billing, the number of passengers actually boarded (i.e. not including Shortfall Passengers) and paid for during the first Agreement year exceeds 156,000, then any amount paid with respect to Shortfall Passengers in the First Billing will be credited to any amounts then due or, if none, to become due, from CRUISES.
First Agreement Year. For the first Agreement Year, there will be no Minimum Monthly Guarantee. Concessionaire will pay Percentage Fee only.

Related to First Agreement Year

  • ANNUAL OPERATING PLAN Purchaser may be required to submit a written annual operating plan, as specified by, and at the request of the Forest Officer.

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

  • TIPS Sales and Supplemental Agreements If awarded, when making a sale under this awarded contract, the terms of the specific TIPS order, including but not limited to: shipping, freight, insurance, delivery, fees, bonding, cost, delivery expectations and location, returns, refunds, terms, conditions, cancellations, defects, order assistance, etc., shall be controlled by the purchase agreement (Purchase Order, Contract, AIA Contract, Invoice, etc.) (“Supplemental Agreement” as used herein) entered into between the TIPS Member Customer and Vendor only. TIPS is not a party to any Supplemental Agreement. All Supplemental Agreements shall include Vendor’s Name, as known to TIPS, and TIPS Contract Name and Number. Vendor accepts and understands that TIPS is not a legal party to TIPS Sales and Vendor is solely responsible for identifying fraud, mistakes, unacceptable terms, or misrepresentations for the specific order prior to accepting. Vendor agrees that any order issued from a customer to Vendor, even when processed through TIPS, constitutes a legal contract between the customer and Vendor only. When Vendor accepts or fulfills an order, even when processed through TIPS, Vendor is representing that Vendor has carefully reviewed the order for legality, authenticity, and accuracy and TIPS shall not be liable or responsible for the same. In the event of a conflict between the terms of this TIPS Vendor Agreement and those contained in any Supplemental Agreement, the provisions set forth herein shall control unless otherwise agreed to and authorized by the Parties in writing within the Supplemental Agreement. The Supplemental Agreement shall dictate the scope of services, the project delivery expectations, the scheduling of projects and milestones, the support requirements, and all other terms applicable to the specific sale(s) between the Vendor and the TIPS Member.

  • 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.

  • Lodgement of SWS wage assessment agreement C.6.1 All SWS wage assessment agreements under the conditions of this schedule, including the appropriate percentage of the relevant minimum wage to be paid to the employee, must be lodged by the employer with Fair Work Australia.

  • Effective Date of Agreement The provisions of the agreement will come into full force and effect on the date of ratification, unless specified otherwise.

  • 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.

  • EFFECTIVE DATE OF CONTRACT This contract shall not become effective until and unless approved by the City of Nashua.

  • Amendment of Release Schedule The new release schedule will apply 10 days after the Escrow Agent receives a certificate signed by a director or officer of the Issuer authorized to sign

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!