Initial Calendar Year definition

Initial Calendar Year. The calendar year in which the Operating Expense --------------------- Commencement Date occurs.
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Initial Calendar Year. As defined in Section 8.4.
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Initial Calendar Year means the period commencing on the Effective Date and ending on the subsequent December 31.
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Examples of Initial Calendar Year in a sentence

  • If ACA Reporting Services are elected for the Initial Calendar Year and/or subsequent years (as indicated below), Client agrees to pay TotalSource an annual Service Fee calculated as $3,527.00 (base fee) plus $25.75 per 1095-C generated.

  • Please complete below only if Client IS an ALE □ Client DOES require ACA Reporting Services to be provided for the Initial Calendar Year.

  • ACA Reporting Services for the Initial Calendar Year will not be offered to Client if the Effective Date of the Agreement is in the month of December.

  • For each calendar year after the Initial Calendar Year, such Restaurant shall pay a monthly royalty fee based on the Net Restaurant Sales of the preceding calendar year (annualized for Restaurants open less than twelve months in the previous calendar year).

  • During the Term of the Agreement, TotalSource will automatically provide the ACA Reporting Services related to any calendar year subsequent to the Initial Calendar Year for a Client that is determined to be an ALE.

  • If the Operating Expense Commencement Date shall not coincide with the beginning of a calendar year, the amount of Operating Expense Increases payable for the Initial Calendar Year shall be pro-rated on a daily basis between Landlord and Tenant based on the number of days in the Initial Calendar Year occurring on and after the Operating Expense Commencement Date.

  • Tenant shall pay as additional rent Operating Expense Increases for each calendar year, commencing with the Initial Calendar Year.

  • For each calendar year following the Initial Calendar Year, each Non-Employee Director will receive the cash compensation set forth below for service on the Board.

  • On or about January 31st of each calendar year after the Initial Calendar Year (or as soon thereafter as practical) Landlord shall provide Tenant with a comparison of the Initial Operating Costs and the projected Operating Costs for such current calendar year, and Tenant shall thereafter pay, as "Additional Rent", Tenaxx'x Xhare of any excess of Landlord's projected Operating Costs in such calendar year over the Initial Operating Costs.

  • Santos, on behalf of the Vic/P44 joint venture, today announced the formal sanction of the Henry gas field development project, located offshore Port Campbell in Victoria.


More Definitions of Initial Calendar Year

Initial Calendar Year means the Calendar Year (as hereinafter defined) in which the Commencement Date occurs.
Sample 1
Initial Calendar Year. The calendar year in which the Lease Commencement Date occurs.
Sample 1

Related to Initial Calendar Year

  • Calendar Year means each successive period of twelve (12) calendar months commencing on January 1 and ending on December 31, except that the first Calendar Year of the Term shall commence on the Effective Date and end on December 31 of the year in which the Effective Date occurs and the last Calendar Year of the Term shall commence on January 1 of the year in which the Term ends and end on the last day of the Term.

  • Distribution Calendar Year means the calendar year for which a minimum distribution is required. For distributions beginning before the Participant’s death, the first distribution calendar year is the calendar year immediately preceding the calendar year which contains the Participant’s required beginning date. The required minimum distribution for the Participant’s first distribution calendar year will be made on or before the Participant’s required beginning date. The required minimum distribution for other distribution calendar years, including the required minimum distribution for the distribution calendar year in which the Participant’s required beginning date occurs, will be made on or before December 31 of that distribution calendar year.

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Preceding year means a period of 12 consecutive months fixed by the division

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • 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.

  • 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;

  • 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.

  • 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.

  • Election cycle means the period beginning on the first day persons are eligible to

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Limitation Year means the Plan Year.

  • Quarterly Period means each period of three (3) consecutive months ending on March 31, June 30, September 30, and December 31.

  • Remaining Dollar-Years means the amount obtained by (1) multiplying the amount of each then-remaining principal payment on such Debt by the number of years (calculated at the nearest one-twelfth) that will elapse between the date of determination of the Weighted Average Life to Maturity of such Debt and the date of that required payment and (2) totaling all the products obtained in clause (1) above.

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

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

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

  • Calendar Week means any period of seven days starting with the same day as the first day of the First Assignment;

  • Testing Date means each day which is: (i) the last day of the relevant Issuer's and the Guarantor's financial year in any year; or (ii) the last day of each of the first three quarters of the relevant Issuer's and the Guarantor's financial year in any year.

  • Plan Year means the calendar year.

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Year means a calendar year.

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.

  • Non-Call Period has the meaning set forth under the definition of “Specific Redemption Provisions.”