Contract Year 4 definition
Examples of Contract Year 4 in a sentence
Contract Year 4 and 5: At least one exploration well to be agreed by the Government before entering into Phase-II along with corresponding work units.
Attachment 4-D includes anticipated Hybrid Cloud Services volumes based on Contract Year 4 consumption.
Year Optional Energy Percent Contract Year 2 25% Contract Year 3 100% (in 25% increments) Contract Year 4 100% (in 25% increments) Notwithstanding the foregoing, the total of Pepco's Call Options exercised with respect to the Optional Energy Percent for Contract Year 3 and Contract Year 4, respectively, shall not exceed the percentage of the Full Energy Requirements that Pepco elected to purchase in the immediately preceding contract year.
Implement a LTC including nursing facilities provider level workgroup to design full-risk model is defined as a CONTRACTOR led collaboration that leads to provider readiness and development of a VBP model contracting strategy that ensures the CONTRACTOR will meet the requirement for LTC including nursing facilities Providers in Level 3 by Contract Year 4, if HCA elects to renew the CONTRACTOR’s Turquoise Care Agreement.
The Contractor shall pay the following MAG amounts for each year of the Contract: Contract Year 1 $ Contract Year 2 $ Contract Year 3 $ Contract Year 4 $ Contract Year 5 $ TOTAL $ One-twelfth (1/12) of the MAG for that Contract Year shall be paid in advance and without demand on the first day of each calendar month during the Contract Term.
Within ten business days after receipt of such calculation, ACC will notify AWS whether it elects to have such Formula Rates (or, if lower, the Table Rates for Contract Year 4) apply to Contract Year 4.
For the duration of each of Contract Year 2, Contract Year 3 and Contract Year 4, Pepco shall have the right to purchase from Generator (the "Call Options") the percentages of the Full Energy Requirements indicated below (the "Optional Energy Percent"), including the applicable Renewable Energy Percent.
In addition, the Royalty on that portion of Net Sales which exceeds (i) $5,000,000 in Contract Year 1, (ii) $10,000,000 in Contract Year 2, (iii) $15,000,000 in Contract Year 3 and (iv) $20,000,000 in Contract Year 4, shall be 4.25% on any such excess annual sales amounts.
This Modification 3 is issued to exercise a twelve (12) month unilateral extension option in accordance with Exhibit E, Contractual Terms and Conditions, Section 4, entitled OPTION TO EXTEND CONTRACT TERM for the fully burdened labor rates specified in Exhibit A-1-Revised-1, Pricing Schedule, Section 8.D., Option Year 3 (Contract Year 4).
This Modification 3 is issued to exercise Option Year 3 of the Contract (Year 4) in accordance with Exhibit E-Revised-1, Contractual Terms and Conditions, Section 4, OPTION TO EXTEND TERM, for the Contract Prices in Exhibit A-1-Revised-2- Pricing, Option Year 3 of Sections 7A, 7B, 7C, and 7D.