Operating Term. The period commencing on the Effective Date of this Agreement and expiring at 11:59 p.m. on December 31, 2021. Operating Year: The twelve (12) month period of time during which the Facility is operated, commencing on January 1st and ending on December 31st, and each twelve month period of time thereafter.
Appears in 2 contracts
Samples: Convention Center Operating Agreement, Convention Center Operating Agreement
Operating Term. The period commencing on the Effective Date of this Agreement and expiring at 11:59 p.m. on December 31, 20212013. Operating Year: The twelve (12) month period of time during which the Facility is Facilities are operated, commencing on January 1st and ending on December 31st, and each twelve month period of time thereafter, provided that the first Operating Year shall commence on November 1, 2011 and end December 31, 2011. Revenues: All income collected by Operator from the operation of the Facilities, as more fully described in Section 14 of this Agreement.
Appears in 2 contracts
Samples: Golf Course Operating Agreement, Golf Course Operating Agreement
Operating Term. The period commencing on the Effective Date of this Agreement and expiring at 11:59 p.m. on December 31, 20212013. Operating Year: The twelve (12) month period of time during which the Facility is operated, commencing on January 1st and ending on December 31st, and each twelve month period of time thereafter.
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