First Five Years definition

First Five Years means a period commencing on the Implementation Date, and expiring at the earlier of the fifth anniversary of the Implementation Date, or the expiry of the Lock-in Period;
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First Five Years means the first five (5) years after the Launch Date.
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First Five Years has the meaning given to such term in Section 2.1;
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Examples of First Five Years in a sentence

  • The Royalty shall equal 12.5% of Gross Receipts for the preceding week, plus the portion of the Drop for the preceding week calculated as follows: Portion of Drop Period Payable to FGC _________________ ___________________ First Five Years 12.5% Sixth and Seventh Years 11% FGC and the ▇▇▇▇▇▇ Band agree that, after the Commencement Date, they will negotiate to modify the frequency of Royalty payments upon the request of either party.

  • Within the First Five Years of Agreement – In years one through five (inclusive) of the Agreement the Village shall hold the base system fees collected from each District in separate escrow accounts.

  • Full Withdrawals During First Five Years If you withdraw all of the Withdrawal Value on or before the fifth anniversary of your Contract's first Annuity Income Date, your Contract will end and you will not receive any more annuity income.

  • For the First Five Years of Service: Employees shall earn and be credited with Vacation Leave at the rate of 112.0 hours per year for those working a 56 hour per week schedule.

  • All employees shall earn holidays and sick leave in proportion to their work days as follows: Must Work At Least Holidays Sick First Five Years Sick After Five Years 155 days 8 10 10 170 days 10 12 12 245 days 12 12 15 All employees after ten (10) years of employment, shall be eligible for one (1) "longevity holiday" per year.

  • Table 1: Saskatchewan’s Allocations over First Five Years Fiscal Year Total GTF Funding Saskatchewan’s Allocation 2014-15 $ 2,000,000,000 $ 56,289,884 2015-16 2,000,000,000 56,289,884 2016-17 2,100,000,000 59,104,378 2017-18 2,100,000,000 59,104,378 2018-19 2,200,000,000 61,918,872 Total $10,400,000,000 $292,707,396 Allocations for 2019-20 to 2023-24 will be based on 2016 Census data.

Related to First Five Years

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Leave Year means the year ending with the anniversary date of the employee’s appointment.

  • Income Year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Years mean and refer to calendar year(s).

  • Service Year means fiscal year, except that: