Approved Period definition

Approved Period means the period from the passing of this resolution until whichever is the earliest of:

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Approved Period means the period commencing on the Closing Date and ending on December 31, 2008 (such period may be extended if requested by UK Borrower and if the Required Lenders agree, in their sole discretion, to an extension in writing).”

Approved Period means the time period equal to the longest allowable useful life of the improvement permitted under generally accepted accounting principles, except that with respect to an improvement made for the purpose of reducing Operating Expenses, Landlord may reduce such time period to the number of years that it will take to fully amortize the cost of the capital expenditure if the yearly amortization amount (including interest as aforesaid) is equal to the projected annual savings as reasonably estimated by Landlord.

Examples of Approved Period in a sentence

• Use of Accrued Leave during an Approved Period of Leave without Pay.

• At the conclusion of this Approved Period, the contract will be terminated and the Employer may post the position to the bargaining unit as a permanent position in accordance with Article.

• A contract employee may be a person hired to cover an Approved Period in accordance with the pregnancy leaves, long term disability leaves and statutory leaves of absence (see Article 18 & 20).

• If a replacement Charterparty is effected after the last day of the Approved Period, the credit balance of the Debt Service Reserve Account shall become freely available to the Borrower.

• Leave during an Approved Period of Leave without Pay A faculty member may receive payout of unused annual leave for up to total of 352 hours for his or her entire career, whether the hours were earned as an in-unit or non-unit employee.

• If the Conversion is not materialized within the Approved Period and any extensions thereof, the exercise of the Exclusive Right shall be null and void and PPI may use its financial resources to pursue other business opportunities that may arise from time to time which, in PPI’s sole opinion, are profitable for PPI or its affiliates.

More Definitions of Approved Period

Approved Period means the time period equal to the number of years in the estimated useful life of the improvement, except that with respect to an improvement made for the purpose of reducing Operating Expenses, Landlord may reduce such time period to the number of years that it will take to fully amortize the cost of the capital expenditure if the yearly amortization amount (including interest as aforesaid) is equal to the projected annual savings as reasonably estimated by Landlord. “Laws” shall mean collectively governmental laws and regulations applicable to the Building or Tenant’s use and occupancy of the Demised Premises, including, without limitation, life, fire and safety codes, seismic codes, and/or federal, state or local laws or regulations relating to disabled access, including, without limitation, the Americans With Disabilities Act (ADA) and any similar state or local law or any regulation, directive or guideline relating thereto. Operating Expenses shall not include any of the following expenses:

Approved Period means the estimated useful life of the improvement except that with respect to an improvement made for the purpose of reducing Operating Expenses or Operating Costs, Landlord may amortize the expense over the period such that the yearly amortization amount is equal to the projected annual savings as reasonably estimated by Landlord;

Approved Period means the economic useful life of the improvement, except that, with respect to an improvement made for the purpose of reducing Operating Expenses or Operating Costs, Lessor may amortize the expense over the period such that the yearly amortization amount is equal to the projected annual savings as reasonably estimated by Lessor.

Approved Period means the period of **** commencing on the Amendment Effective Date.

Approved Period means the estimated useful life of the improvement except that with respect to an improvement made for the purpose of reducing Operating Expenses or Operating Costs, Lessor may amortize

Approved Period. “Borrower”, “Eurocurrency Rate Loan”, “Revaluation Date”, “Letter of Credit Sublimit”, and “Termination Date” in Section 1.01 of the Credit Agreement are deleted in their entirety and are replaced with the following: