Anniversary Period definition

Anniversary Period means a twelve month period beginning on the Closing Date or an annual anniversary thereof.

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Anniversary Period means, at any time, the twelve-month period which commenced on the immediately preceding anniversary of the Closing Date.

Anniversary Period means each consecutive twelve-month period ending on an anniversary of the effective date of this Agreement.

Examples of Anniversary Period in a sentence

• To the extent earned, the Bonus shall be payable within 60 days following the expiration of each Anniversary Period.

• The Option and the Option Shares will vest at the rate of one-third (1/3) of the Option Shares as of the end of each Anniversary Period following the Effective Date.

• During the Post-Ten Year Anniversary Period, any material transaction between the Company and the Parent, the Stockholder or any of their respective Affiliates, or relating to this Agreement or the Alliance Agreement, including without limitation, any amendment, modification or waiver of any provision hereof or thereof, shall not be taken without the prior approval thereof by a majority of the five independent directors described in Section 15.

• In the event the Employee’s employment is terminated by the Employer prior to the end of any Anniversary Period, if a Bonus has been earned by the end of such Anniversary Period, the amount of such Bonus shall be appropriately pro-rated.

• Any Warrants that are eligible to become vested during a particular Anniversary Period but that do not become vested during that Anniversary Period shall be eligible to become vested in the subsequent Anniversary Periods, in additional to the Installment for that subsequent Anniversary Period.

• Any Warrants that are unvested following the fifth Anniversary Period shall be forfeited and shall no longer be deemed to be outstanding, without any further action on the part of the Company.

• During each Anniversary Period 20% of the Aggregate Number of Warrants (an "Installment") shall be eligible to become vested.

• In accordance with this Section 2.5, the Purchaser will pay the Earn-Out Amount (as defined below), achieved in both of the 12-month periods ending on December 31, 1999 and on December 31, 2000 (each such 12-month period, an "Anniversary Period") to the Sellers.

• Subject to the limitations in this Section 30.9, effective on any date during the Series K Fifth Anniversary Period, a holder of Series K Preferred Units may require the Partnership to redeem, for cash at the Series K Redemption Price, all or a portion, but not less than 1,000 Series K Preferred Units at any one time, of the Series K Preferred Units held by such holder.

• Each of the 5 successive one-year periods commencing on the earlier of the closing of the Company's initial public offering of Common Shares and December 31, 1997 (the "Issue Date") and ending on the day before the first 5 anniversary dates thereof is referred to below as an "Anniversary Period".

More Definitions of Anniversary Period

Anniversary Period means a period of twelve (12) consecutive months ending on a day which is an anniversary date of this Agreement. "Announcement Date" shall have the meaning ascribed to such term in Section 6.2(d) hereof.

Anniversary Period means 1 ½ years from the date of the Deed (which would be the first Anniversary) and the same day of each subsequent year through the end of the Affordability Period.

Anniversary Period. : shall mean each successive twelve-month period beginning on the Closing Date or an annual anniversary thereof.

Anniversary Period means an amount equal to the product of (A) the amount of Net Sales in excess (if any) of the Target Amount (as defined below) for such Anniversary Period, multiplied by (B) 50%, but not to exceed in any event the Ceiling Amount (as defined below) for such Anniversary Period. The "Target ------ Amount" for (x) the Anniversary Period ending on December 31, 1999, is ------ $62,000,000, and (y) the Anniversary Period ending on December 31, 2000, is $66,000,000. The "Ceiling Amount" for (x) the Anniversary Period ending on -------------- December 31, 1999, is $4,000,000, and (y) the Anniversary Period ending on December 31, 2000, is $4,000,000 minus the Earn-Out Amount paid (if any) for the Anniversary Period ending on December 31, 1999. For the purpose of this Section 2.5(a), the Purchaser agrees that it will not take any action for the primary purpose of reducing the Earn-Out Amount for either Anniversary Period.

Anniversary Period shall have the meaning set forth in the definition of Optional Conversion Date.

Anniversary Period means each consecutive twelve-month period hereunder, commencing from the Contract Effective Date (as defined in Section 9.1).