Cumulative Period definition

Cumulative Period means an additive period of time composed of individual time segments which may be continuous or interrupted.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Cumulative Period means the period from the Petition Date through the Friday of the most recent week ended.

Cumulative Period means, first, the period from the Petition Date through the Friday of the second full week following the Petition Date, second, prior to the San Antonio Operational Date, the two week period ending on the second Friday following the end of the preceding Cumulative Period (a “Two Week Cumulative Period”) and third from and after the occurrence of the San Antonio Operational Date, the four-week period ending the fourth Friday following the end of the preceding Cumulative Period (a “Four Week Cumulative Period”).

Examples of Cumulative Period in a sentence

With respect to each Fiscal Year (and as applicable any period of partial operations) and each calendar month included therein, the Base Fee and the Incentive Fee shall be payable in monthly installments calculated for the Cumulative Period in respect of the applicable calendar month, less the aggregate amount of the monthly installments having theretofore been paid for the relevant Fiscal Year (or, where applicable, period of partial operations).
Qualified Stock Options o Incentive Stock Options (Subject to $100,000 IRS Limits) o Restricted Shares VESTING SCHEDULES o STOCK OPTIONS Time Annual Cumulative Period Vesting % Vesting % 1st year 25% 25% 2nd year 25% 50% 3rd year 25% 75% 4th year 25% 100% Stock option grants currently have a ten year term and any options vested as of an employee's termination are exercisable for a period of 90 days after termination.
If the cumulative cash received by GFOL at the end of the Cumulative Period (plus Qualifying Revenue as defined in Subsections 7.1.3(b) and(c)) is in excess of the cumulative Minimum Guaranteed Revenue, but the cumulative Minimum Guaranteed Revenue has not been achieved, GFOL will reimburse TNSI for that amount of the cumulative cash received (plus Qualifying Revenue as defined in Subsections 7.1.3(b) and (c)) in excess of the cumulative Minimum Guaranteed Revenue amount.
In that event, the First Annual Room Revenues Break Point and the Second Annual Room Revenues Break Point shall be multiplied by a fraction equal to (x) the number of calendar quarters (including partial calendar quarters) in the Lease Year divided by (y) four, and the Cumulative Period Portion for each of the calendar quarters in such Lease Year shall be determined as set forth in the definition of Cumulative Period Portion.
If such Additional Rent owing for such Cumulative Period is less than the annual amounts previously paid by Tenant with respect to the Annual Excess Initiation Fee Revenue, Landlord shall remit to Tenant an amount equal to such difference.

More Definitions of Cumulative Period

Cumulative Period has the meaning specified in Section 6.04(o).

Cumulative Period means an additive period or time composed of individual time segments which may be continuous or interrupted.

Cumulative Period means the period commencing on the date hereof and ending on the December 31st that most recently preceded the date of calculation of the applicable Cumulative Minimum Portfolio Capex Shortfall.

Cumulative Period means, at any time, the period from the Closing Date through the Prior Week.

Cumulative Period means for any month included in a Fiscal Year the period commencing on the first day of such Fiscal Year and ending on the last day of the calendar month in question.

Cumulative Period in respect of any month included in a fiscal year shall mean the period commencing on the first day of such fiscal year and ending on the last day of such calendar month. The Gross Receipts for any Cumulative Period shall mean the sum of the Gross Receipts (as defined in Section 5.3 hereof) for each calendar month included in such Cumulative Period. The Available Cash Flow for any Cumulative Period shall mean the sum of the amounts of Available Cash Flow for each calendar month included in such Cumulative Period, such sum to be determined after taking into account any deficit in Available Cash Flow for any such calendar month.

Cumulative Period means (i) for the initial Approved Budget testing for the first two weeks following the Petition Date, the two-week period up to and including the Saturday of the most recent week then ended, (ii) for the second Approved Budget testing for the first three weeks following the Petition Date, the three-week period up to and including the Saturday of the most recent week then ended, (iii) for the third Approved Budget testing for the first four weeks following the Petition Date, the four-week period up to and including the Saturday of the most recent week then ended and (iv) for each Approved Budget testing thereafter, the rolling four week period up to and including the Saturday of the most recent week then ended.