Calendar Year 2001 definition
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.