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First Agreement Year definition

First Agreement Year means the twelve month period commencing on the EFFECTIVE DATE. With respect to any year after the first AGREEMENT YEAR, the term "AGREEMENT YEAR" shall mean the twelve month period commencing upon an anniversary of the Effective Date.
First Agreement Year means the period beginning on the Effective Date of the Agreement and ending on March 31, 2002; and “Subsequent Agreement Year” shall mean the twelve (12) month period beginning on April 1, 2002 and each subsequent twelve (12) month period thereafter during the Term. Q3 2001 * * Q4 2001 * *
First Agreement Year means the period beginning on October 1, 2014 (i.e., the Commencement Date) and continuing through and including September 30, 2015.

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.


More Definitions of First Agreement Year

First Agreement Year shall refer to the period between the Effective Date and December 31 of that respective year and each “Agreement Year” thereafter shall refer to the twelve (12) month period from January 1 through December 31.
First Agreement Year means a period of 12 calendar months during the Agreement Term that commences on the Starting Date and ends on the day before the anniversary of the Starting Date;

Related to First Agreement Year

  • Agreement Year means such period as the parties may from time to time determine; provided the first Agreement Year under this Agreement shall be the period from January 1, 2005 through December 31, 2005.

  • Collective agreement year means each twelve (12) month period commencing on the first day of the renewed collective agreement. For example, the collective agreement year for a collective agreement that commences on April 1, 2014 is April 1, 2014 to March 31, 2015 and each period from April 1 to March 31 for the term of the collective agreement.

  • Payment Year means the calendar year during which the applicable Initial Year Payments or Annual Payments are due pursuant to subsection V.B. Payment Year 1 is 2022, Payment Year 2 is 2023 and so forth. References to payment “for a Payment Year” mean the Initial Year Payments or Annual Payment due during that year. References to eligibility “for a Payment Year” mean eligibility in connection with the Initial Year Payments or Annual Payment due during that year.

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA;

  • Assessment year means the period of twelve months commencing on the 1st day of April every year;

  • relevant year means a year commencing at 00:00 hours on 1 April and ending at 23:59 hours on the following 31 March;

  • Employment Year means each twelve-month period, or part thereof, during which Employee is employed hereunder, commencing on the Commencement Date and on the same day of the subsequent calendar year and each consecutive 12 month period thereafter.

  • Class Year Study Agreement means the form of agreement contained in Appendix 2 of the Standard Large Facility Interconnection Procedures for conducting the Interconnection Facilities Study. Interconnection Request shall mean a Developer’s request, in the form of Appendix 1 to the Standard Large Facility Interconnection Procedures, in accordance with the Tariff, to interconnect a new Large Generating Facility to the New York State Transmission System or to the Distribution System, or to materially increase the capacity of, or make a material modification to the operating characteristics of, an existing Large Generating Facility that is interconnected with the New York State Transmission System or with the Distribution System. Interconnection Study shall mean any of the following studies: the Optional Interconnection Feasibility Study, the Interconnection System Reliability Impact Study, and the Interconnection Facilities Study described in the Standard Large Facility Interconnection Procedures.

  • Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.

  • Relevant Year t means the Financial Year for the purposes of which any calculation falls to be made; "Relevant Year t-1" means the Financial Year preceding Relevant Year t, and similar expressions shall be construed accordingly;

  • First Year means the intake group of Students for the most junior class or year in a school.

  • Project Year means the twelve-month period beginning from the Effective Date and ending twelve months thereafter (the First Project Year), and any twelve-month period beginning at the end of the First Project Year, or the end of subsequent Project Years;

  • Annual Operating Plan has the meaning ascribed to it in Section 15.3(b)(i).

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Previous year means the year immediately preceding the current year.

  • Budget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;

  • Current year means the financial year, which has already commenced, but not yet ended;

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Annual Work Plan means each annual work plan, together with the related budget, for the Project approved by the Association pursuant to the provisions of Section I.B.3 of Schedule 2 to this Agreement.

  • Anniversary Year The one-year period beginning on the Closing Date and ending on the first anniversary thereof, and each subsequent one-year period beginning on the day after the end of the preceding Anniversary Year and ending on next succeeding anniversary of the Closing Date.

  • Year 1 means the year next following the export date and “year” followed immediately by any other numeral has a corresponding meaning; reference in this Agreement to an Act shall include the amendments to such Act for the time being in force and also any Act passed in substitution therefor or in lieu thereof and the regulations for the time being in force thereunder; power given under any clause of this Agreement other than clause 17 hereof to extend any period or date shall be without prejudice to the power of the Minister under the said clause 17; marginal notes shall not affect the interpretation or construction hereof; the phases in which it is contemplated that this Agreement will operate are as follows —

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.