Partial Fiscal Year definition
Examples of Partial Fiscal Year in a sentence
The City Payments shall be prorated for each Partial Fiscal Year during the Term.
Tenant agrees (by payment into a segregated account) to pay to the City Two Million Dollars ($2,000,000) per Fiscal Year (or such lower amount as shall be applicable on a pro rata basis to a Partial Fiscal Year) during the Term after the Casino Opening Date with the first payment to be made within six (6) months after the Casino Opening Date and thereafter on each annual anniversary thereof (the “School Support Payments”).
Not later than forty-five (45) days prior to the commencement of each Fiscal Year or Partial Fiscal Year, Lessee shall submit to Lessor for Lessor's approval, Lessee's proposed Annual Capital Expenditures Budget.
In no event shall the Gross Non‑Gaming Payment be less than the amount of the "Non-Gaming Minimum Payments" for each year set forth in Section 4.7(b) below (or such lower amount as shall be applicable on a pro rata basis to a Partial Fiscal Year).
Not later than 45 days prior to the commencement of each Fiscal Year or Partial Fiscal Year, Lessee shall submit to Lessor, Lessee's proposed Annual Capital Expenditures Budget.
Not later than 60 days prior to the commencement of each Fiscal Year or Partial Fiscal Year, Lessee shall submit to Lessor for Lessoes approval, Lessee's proposed Annual Capital Expenditures Budget.
Not later than 3 0 days prior to the commencement of each Fiscal Year or Partial Fiscal Year, Lessee shall submit to Lessor a detailed maintenance and repair plan (the "M&R Plan") and budget.
Payments for any Partial Fiscal Year shall be made in the same manner and at the same times as payments are to be made during a full Fiscal Year as provided in this Section.
In no event shall the Gross Non-Gaming Payment be less than One Million Seven Hundred Thousand Dollars ($1,700,000) per Fiscal Year (or such lower amount as shall be applicable on a pro rata basis to a Partial Fiscal Year).
Within ninety (90) days following the close of each Fiscal Year or Partial Fiscal Year after the Effective Date, Tenant shall deliver to Landlord a statement from Tenant's chief accounting officer or his designee certifying the Gross Revenues for such Fiscal Year.