Examples of Annual Accounting Period in a sentence
In preparing the Annual Operating Projection and Repairs and Equipment Estimate for each Annual Accounting Period, Manager's goal will be the maximization of long-term Operating Profit, in keeping with the Residence Inn Standards (as hereinafter defined) and the general standards of the hotel industry for similar properties.
The shortfall, if any, between paid royalties and Minimum Royalties, will be paid together with the royalty payment for the fourth quarter of each Annual Accounting Period.
For so long as MediGene does not exercise its right to manufacture, the above rates may be renegotiated if the Transfer Price (as defined below) exceeds [**]% of average unit sales price required by GAAP to be reported from sales of the Products in those countries identified as Concerned Member States in the RMA in any Annual Accounting Period.
All Payments hereunder shall be payable in united States dollars using the arithmetic average of the daily exchange rates (U.S.$/€) during the Annual Accounting Period, for which a milestone payment shall be made, taken from the Wall Street Journal, Eastern U.S. Edition or, if such exchange rates are not available with respect to any given day, from Reuters Daily Rate Report.