Five Year Period definition
Examples of Five Year Period in a sentence
Prior to the occurrence of a Trigger Event, the Borrower Security Trustee will not be entitled to request the review of the information provided to it by the Security Group Agent, the Auditors or (as the case may be) Reporting Accountants at the cost of the Obligors on more than five occasions in any Five Year Period.
For purposes of the Five Year Period as defined in Article IX, Section 12 below, a ▇▇▇▇ ▇▇▇ established with a rollover contribution will be deemed to be established on January 1 of the year in which such rollover contribution is credited by the Custodian to the Depositor’s Account, unless an earlier funding date is evidenced by the Depositor in a form and manner acceptable to the Custodian.
Employee's "Average Monthly Compensation" shall mean Employee's average monthly compensation (including salary, bonus and other compensation) during the twenty-four month period immediately prior to the date of termination (including months prior to the effective date of this Agreement if the date of termination occurs within the first twenty-four months of the Five Year Period).
If the Corporation terminates the employment of the Employee pursuant to this section during the five (5) year period beginning October 4, 2006, and concluding October 4, 2011 (the "Five Year Period"), the Corporation shall provide to the Employee a lump sum payment in lieu of notice equalling Employee's Average Monthly Compensation (as defined below) multiplied by the number of remaining months in the Five Year Period.
If the Lessor does not accept the Proposed Annual or Periodic Payments prior to the commencement of the next Five Year Period, either party may avail itself of the procedures available for negotiation and arbitration under the Act.