Contract Year 2 definition

Contract Year 2 means January 1, 2016 through December 31, 2016.
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Contract Year 2 means the period between January 1, 2002, through and including December 31, 2002.
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Contract Year 2 means the period beginning on the first day following Contract Year 1 and ending on the day prior to the second anniversary of the Initiation Date.
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Examples of Contract Year 2 in a sentence

  • Since a withdrawal occurred during Contract Year 2, no annual credit will be applied to the Protected Payment Base and Remaining Protected Balance on any Contract Anniversary following the withdrawal.

  • Additionally, Seller may provide Notice to Buyer during Contract Year 1 or Contract Year 2 of the Delivery Term to request a one (1) time decrease to the Contract Quantity for any or all Contract Years in the Delivery Term Contract Quantity Schedule.

  • Seller shall have a one (1) time option to be exercised only during either Contract Year 1 or Contract Year 2 of the Delivery Term to increase the Contract Quantity for any or all future Contract Years by providing Notice to Buyer of such increase at least ninety (90) days prior to the start of the Contract Year for which the increase applies.

  • Beginning with the start of Contract Year 2 and each anniversary of such date thereafter during the Term (the “ECA Adjustment Date”), Service Provider shall calculate and apply an adjustment to the Inflation Sensitive Charges based upon economic changes (an “Economic Change Adjustment” or “ECA”) as described in this Section 14.

  • However, those 10 LRECs would be applied against Seller’s Maximum Annual Quantity of 100 LRECs for Contract Year 2, leaving only ninety (90) additional LRECs to be purchased by Buyer during Contract Year 2.


More Definitions of Contract Year 2

Contract Year 2 means the period beginning immediately after the end of Contract Year 1 and ending twelve calendar months thereafter.
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Contract Year 2 means January 1, 2022 through December 31, 2022;
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Contract Year 2 means 1 April 2022 to 31 March 2023.
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Contract Year 2 means the period commencing on January 1, 2009 and continuing until December 31, 2009; and "CONTRACT YEAR 3" means the period commencing on January 1, 2010 and continuing until December 31, 2010.
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Contract Year 2 means the period commencing on January 1, 2021 and ending on December 31, 2021.
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Contract Year 2 means the period beginning June 30, 1997 and ending June 29, 1998. "Contract Year 3" shall mean the period beginning June 30, 1998 and ending June 29, 1999.
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Contract Year 2 means the period of time from July 12, 2020 through and including July 11, 2021.
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