Examples of Contractual Year in a sentence
In this regard, the Supplier shall provide a revised version of the Exit Plan to the Customer on or before 31st July and 31st January each Contractual Year (or more frequently as may be agreed between the Parties).
Upon receiving the letter of acceptance from OMC to commence work for the next contractual year’s operation, the performance security shall be recalculated for the concerned Contractual year as per the formula: Amount = 10% of Annual Contract Value of the relevant Contractual Year The Service Provider shall then provide the Performance Security of the revised amount within 15 (fifteen) days of the start of the relevant Contractual Year.
Contractual Year: the number of days for the school year shall not exceed 175 (one hundred and seventy-five) days in accordance with the school calendar.
In order to receive reimbursement under this provision, a teacher must submit all applicable paid receipts to the College Business Office on or before August 15 of the Contractual Year.
Should the actual number of reduction / interruption days exceed, in a Contractual Year, 15 (fifteen) days equivalent at full capacity, the Shipper shall be entitled to tariff reduction pursuant to the provision of the paragraph “Capacity Reduction”.