First three years of operation definition

First three years of operation means the first three consecutive 12 month periods 646 beginning on the first day of a new perinatal service's first full calendar month of 647 operation.
First three years of operation means the first three consecutive 12 month periods

Examples of First three years of operation in a sentence

  • Sharing in the potential profit or loss of the Periodical will be according to the following schedule: First three years of operation, or cash-flow neutrality, whichever occurs earlier: each share is equivalent to $10,000 per year for the Financial Sponsor societies other than LSTC.