Contract Period of Years definition

Contract Period of Years means the period of the Contract Term specified in the Term Sheet, commencing on the date six months prior to the First Payment Date specified in the Term Sheet.
Contract Period of Years means, subject to Section 3.3 hereof, the period commencing on the date specified in the Term Sheet as the “Initial Payment Date” and ending on the earlier of (i) the tenth Payment Date, or (ii) the date on which the LGA obtains long- term financing for the Project Facilities. In the event that the LGA obtains a subsequent loan from the OWDA for planning costs of the Project Facilities, then the Contract Period of Years for such loan shall expire no later than the expiration of the Contract Period of Years hereunder.
Contract Period of Years means the period of calendar years shown on Exhibit 1, as “Term In Years,” commencing on the Date of Initial Payment to the WSRLA as set forth on the project schedule on Exhibit 1, provided that it shall commence no later than twelve (12) months following the actual Initiation of Operation of the Project Facilities, as presently determined in the project schedule, but in no event shall the Contract Period of Years exceed the “Term in Years” identified on Exhibit 1.

Examples of Contract Period of Years in a sentence

  • Section 4.1. Subject to the further provisions hereinafter set forth, the LGA agrees to and shall pay semiannually on January 1 and July 1 of each year of the Contract Period of Years, commencing on the First Payment Date (each such date a “Due Date”), to the OWDA, but solely from the Pledged Revenues, the Semiannual Payment Obligation.

  • Section 4.2. It is agreed that, no later than June 15 and December 15 of each year of the Contract Period of Years, the OWDA shall invoice the LGA for the sum payable by the LGA pursuant to Section 4.1 and that payment of each such invoice shall be made by the LGA to the OWDA not later than the first day of the following month.

  • If the OWDA agrees to such an extension of the Contract Period of Years, it shall prepare a revised Term Sheet that supersedes the initial Term Sheet, setting forth the length of the extended Contract Period of Years and the Semiannual Payment Obligations of the LGA during that period.

  • Section 5.5. This Agreement shall become effective as of the date first set forth hereinabove and shall continue in full force and effect until the final day of the Contract Period of Years, or until the day the obligations of the LGA under Section 4.1 hereof have been fully satisfied, whichever day is later.

  • Section 5.7. Throughout the Contract Period of Years, the LGA shall maintain Workers' Compensation Coverage or cause the same to be maintained in accordance with state law.

  • The most exceptional subgroups found with the three quality measures are contained in Table 2.

  • Section 5.3. This Agreement shall become effective as of the date first set forth hereinabove and shall continue in full force and effect until the final day of the Contract Period of Years, or until the day the obligations of the BORROWER under Section 4.1 hereof have been fully satisfied, whichever day is later.

  • Section 4.1. Subject to the further provisions hereinafter set forth, the LGA agrees to and shall pay semi-annually on January 1 and July 1 of each year of the Contract Period of Years, commencing on the First Payment Date (each such date a "Due Date"), to the OWDA, but solely from the Pledged Revenues, one-half of the Participation Charge.

  • Section 4.2. It is agreed that, no later than June 15 and December 15 of each year of the Contract Period of Years, the OWDA shall invoice the LGA for the sum owing by the LGA pursuant to Section 4.1 and that payment of each such invoice shall be made by the LGA to the OWDA not later than the first day of the following month.

  • Section 5.5. Throughout the Contract Period of Years, the Borrower shall maintain Worker’s Compensation Coverage or cause the same to be maintained.


More Definitions of Contract Period of Years

Contract Period of Years means the period commencing on the date specified in the Term Sheet as the “Initial Payment Date” and ending on or before the [MAX TERM] Payment Date.
Contract Period of Years means, subject to Section 3.3 hereof, the

Related to Contract Period of Years

  • Contract Period means the period from the Commencement Date to:

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Project Period means the period es- tablished in the award document dur- ing which Federal sponsorship begins and ends.

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • Initial Term has the meaning set forth in Section 7.1.

  • Period of Employment shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

  • Annual Period has the meaning stated in Section 4.3(e).