Common use of Last Partial Term Year Clause in Contracts

Last Partial Term Year. The Total Annual Contribution for the Last Partial Term Year, if any, shall equal the product of (i) the amount determined in accordance with Section 4.1(b) (if the Last Partial Term Year occurs prior at or to the completion of five Full Term Years) or Section 4.1(c) (if the Last Partial Term Year occurs after the completion of five Full Term Years), as applicable, multiplied by (ii) the fraction equal to (A) the number of days of the Term in that year divided by (B) the number of days in that year.

Appears in 3 contracts

Samples: Airport Use Agreement, Airport Use Agreement, Airport Use Agreement

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Last Partial Term Year. The Total Annual Contribution Non-Seasonal Exclusive Use Rate for the Last Partial Term Year, if any, shall equal the product of (iA) the amount determined in accordance with Section 4.1(b4.5(c)(ii) (if the Last Partial Term Year occurs prior at or to the completion of five Full Term Years) or Section 4.1(c4.5(c)(iii) (if the Last Partial Term Year occurs after the completion of five Full Term Years), as applicable, multiplied by (iiB) the fraction equal to (A1) the number of days of the Term in that year divided by (B2) the number of days in that year.

Appears in 3 contracts

Samples: Airport Use Agreement, Airport Use Agreement, Airport Use Agreement

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