Examples of First Agreement Year in a sentence
Each Agreement Year after the First Agreement Year, Licensee must sell a sufficient quantity of Licensed Product in each Trade Class to generate one third (1/3) of the applicable Minimum Royalty in each Trade Class.
Each Agreement Year after the First Agreement Year, Licensee must sell a sufficient quantity of Licensed Product in Canada and the United States (each an "Initial Licensed Country"), respectively, to generate one quarter (1/4) of the applicable Minimum Royalty in each Initial Licensed Country.
Following the First Agreement Year, Consultant shall provide AOL with a discount of fifteen percent (15%) from its standard rates for digital content production services performed during the Term; provided that in no event shall the rates charged by Consultant to AOL for digital content production services increase by more than five percent (5%) per successive 12-month period during the Term.
Pursuant to Section 1.5 and Exhibit F of the Agreement, the Parties agree that between July 1, 2001 and March 31, 2004, in connection with the WebMD In-Kind Obligation, WebMD shall purchase television media in each calendar quarter in the approximate amounts set forth in the table below and that WebMD will use its best efforts to provide AOL with * ($*), valued in accordance with Exhibit F, of such promotions in the First Agreement Year and in each Subsequent Agreement Year.
For the Initial and First Agreement Year, during the initial Term, the Concessionaire shall pay to the City four percent (4%) of the Gross Receipts (as hereinafter defined) in excess of the amount of the then current MG (the “Percentage of Gross” or “PG”), for the first $500,000.00 Percentage of Gross, and two and one/half percent (2.5%) for the Percentage of Gross above $500.001.00, provided that the maximum PG shall not exceed $240,000.00).
The first quarterly payment for the First Agreement Year is due and payable 10 days after the Commencement Date.
Not less than sixty (60) days prior to the end of the First Agreement Year, the parties will meet and confer for the purpose of discussing whether BMS would be interested in funding a Full Education Program during the remaining Term of this Agreement.
For purposes of this Agreement, the "First Agreement Year" shall mean the period of one (1) year commencing with the Commencement Date (as defined in Section 9.2 hereof), and each subsequent Agreement Year shall be the successive one-year period thereafter.
For the purposes of calculating the Agent Sourced Amount, “Agreement Year” means (a) with respect to the first Agreement Year, the period beginning on May 1, 2019 and ending on April 30, 2020 (the "First Agreement Year"), (b) with respect to each subsequent Agreement Year other than the Last Agreement Year, the one (1) year period beginning on the day following the end of the First Agreement Year and each succeeding one (1) year period thereafter.
The initial MAG for the Premises is as follows: First Agreement Year Minimum Annual Guarantee (MAG): $36,500.00 or $ Second Agreement Year MAG: $37,960.00 or $ Until the time when electrical service to the premises is metered correctly, the monthly payment due the Airport will be increased by $1,000 per month.