First Contract Year. For those faculty members whose first contract is issued in the spring semester, the faculty member’s initial spring semester and the following academic year will be considered their first contract year.
First Contract Year. The first Contract Year shall be the ------------------- period from the date hereof until December 31, 1998; and
First Contract Year. During the first (1st) Contract Year of the Term, Shell shall pay to Codexis a research funding fee based on an FTE rate equal to [*] per year for each of the FTEs assigned by Codexis to perform Codexis’ obligations under the Program during such first (1st) Contract Year. Such FTE rate includes any and all associated overhead expenses, normal laboratory supplies and consumables expenses, and typical operational research expenses. The Parties acknowledge and agree that, as of the Execution Date, the FTE payments for the first (1st) Contract Year of the Term have been paid by Shell.
First Contract Year. (a) For those faculty members whose first contract is issued in the spring semester, the faculty member’s initial spring semester and the following academic year will be considered their first contract year.
(b) The TRC meets with the new faculty member (and throughout the four-year process as appropriate).
(c) TRC membership is reported by the xxxx to the appropriate vice president for each new faculty member by September 15.
(d) The TRC meets with the faculty to discuss the process, format, objectives, timelines and expectations.
(e) The probationary faculty portfolio shall be submitted to the TRC by November 1.
(f) Observations are completed and returned to the xxxx by November 15.
(g) Post-visit discussions to be held with the faculty member prior to December 1.
(h) Student evaluations are to be conducted prior to December 1.
(i) The TRC reaches its recommendation and completes a written 2543 report by December 15. 2544 2545 (j) The recommendation of renewal or non-renewal is submitted by 2546 the xxxx to the appropriate Vice President and the President no 2547 later than December 20. 2548
First Contract Year. The Customer acknowledges that CPC may not be able to deliver to the CPC Connection Point a sufficient quantity of water during the first Contract Year for the Customer to draw its total Delivery Entitlements.
First Contract Year. The rate for disposal of Excess Volume of NOW (the "Excess Volume Rate") for the first Contract Year shall be $2.86 per barrel, net of all currently applicable taxes. The Excess Volume Rate shall never be less than $2.86 per barrel of NOW during the term of this Agreement.
First Contract Year. Separate from and in addition to its obligations under Section 2.1, NESI shall make an additional payment to USL in the total amount of $8 million for the first Contract Year except as provided in Section 12.
1. NESI shall pay USL $1 million of the aforesaid additional payment on each of the following eight occasions: November 2, 1998, December 1, 1998, January 4, 1999, February 1, 1999, March 1, 1999, April 1, 1999, May 1, 1999, and June 1, 1999, except as provided in Section 12.1. Failure to make Payment in Full and on Time under this Section constitutes a breach of this Agreement.
First Contract Year. During the first Contract Year, the Service Fee shall be comprised of:
(i) a base fee of Two Million Five Hundred Thousand Dollars ($2,500,000), subject to the price reduction formula set forth in Section 5.1(f) herein, payable as follows (the "BASE FEE" for the first Contract Year):
(A) One Million Two Hundred Fifty Thousand Dollars ($1,250,000) payable on the Effective Date; and
(B) the remaining One Million Two Hundred Fifty Thousand Dollars ($1,250,000) payable in four (4) equal installments of Three Hundred Twelve Thousand Five Hundred Dollars ($312,500) each, payable on the last day of the third, sixth, ninth and twelfth month of the first Contract Year; and
(ii) a fee for each Consumer News E-mail sent by InfoBeat for those Consumer News E-mails sent in excess of [ ** ] (the "BASELINE VOLUME" for the first Contract Year) per quarter for each quarter of the first Contract Year (the "PER-QUARTER BENCHMARK" for the first Contract Year), calculated as follows:
First Contract Year. The Prevailing Rate for the first Contract Year shall be $5.71 per barrel NOW delivered to USL for disposal, net of all currently applicable taxes. The Prevailing Rate shall never be less than $5.71 per barrel NOW during the term of this Agreement.
First Contract Year. Beginning on the earlier of the Actual Opening Date or the Required Opening Date and continuing through the Contract Year in which such Opening Date occurs, the initial MAG amount in the Summary of Contract Provisions will be pro-rated to include only the months from the Actual or Required Opening Date to the end of that Contract Year. If the Actual Opening Date or Required Opening Date is after the first of a month, the calculation will be performed based one Partial Month provision. Any full monthly amount will be one-twelfth (1/12th) of the initial MAG amount in the Summary of Contract Provisions.
