Calendar Year 2001 definition

Calendar Year 2001 means the period commencing on and including ------------------ January 1, 2001 and ending on and including December 31, 2001.

Examples of Calendar Year 2001 in a sentence

  • Beginning calendar year 2000, minimum royalty payments in the following amounts shall be required to keep Licensee's license under this Agreement in force: PERIOD MINIMUM ANNUAL ROYALTY PAYMENT ------ ------------------------------ Calendar Year 2000 $25,000 Calendar Year 2001 $25,000 Calendar Year 2002 $25,000 Each Subsequent Calendar Year, or Fraction Thereof, During the Term of this Agreement.

  • The parties agree that the price for quantities of Product above [**] purchased by GELTEX and its Affiliates during Calendar Year 2001 shall be $[**].

  • The Base Year for this Lease shall be Calendar Year 2001 (or the fiscal year commencing in 2001 with respect to the real estate taxes and assessments).

  • Operating Expense Base: Actual Operating Costs for Calendar Year 2001 Expenses Real Estate Tax Base: Actual Taxes for Fiscal tax Year 2001 Expense Unreserved Parking Spaces: The total number of parking spaces: (49).

  • If the Pre Tax Net Income for Calendar Year 2001 is between $625,000.00 and $825,000.00 then the total consideration to be paid under the subtraction 3(b) shall be $500,000 multiplied by a fraction, the numerator of which shall be the amount of actual pre tax net income in excess of $625,000.00 (but which numerator shall not exceed $200,000) and the denominator of which shall be $200,000.

  • The Parties agree that each Party's compensation for ISP-Bound Traffic shall be capped on a calendar year basis, based upon the following schedule: Calendar Year 2001 The total ISP-Bound Traffic minutes to which the Party was entitled to receive compensation during the first quarter of 2001, annualized, then multiplied by 1.10.

  • Buyer agrees to provide to Seller, within thirty (30) days after the date hereof, written non-binding forecasts of its anticipated requirements of Products by Calendar Quarter for the balance of Calendar Year 2001 and for the first two Calendar Quarters of Calendar Year 2002.

  • Calendar Year 2001 2002 2003 Net Sales Target $10 million $12.6 million $14.5 million Net Sales Payout $240,000 $240, 000 $270,000 Net Earnings Target $1.8 million $2.0 million $2.3 million Net Earnings Payout $560,000 $560,000 $630,000 Meeting the Net Sales targets and Net Earnings targets are mutually exclusive; in other words, both targets do not have to be met in a particular year to qualify for the payout for the applicable target payment.

  • Add the following exhibit: Exhibit 1D, Time and Material (T&M) Labor Rates, Calendar Year 2001.

  • The Base Rate for purposes hereof shall be the average of the rates in effect (including surcharges and/or adjustments) during Calendar Year 2001.