Second Annual Period definition

Second Annual Period as used in this Contract shall be from 12:01 a.m. Eastern Standard Time, January 1, 2019 to 12:01 a.m. Eastern Standard Time, January 1, 2020.
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Second Annual Period means the 12 month period ending
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Second Annual Period shall have the meaning set forth in Section 2.8(b)(ii).
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Examples of Second Annual Period in a sentence

  • As promptly as possible after the end of each annual period, the Company shall provide a report to the Reinsurer setting forth the premium due hereunder, computed in accordance with Paragraph A.1. for the First Annual Period and with Paragraph A.2. for the Second Annual Period, and any additional premium due the Reinsurer or return premium due the Company shall be remitted promptly.

  • For the Second Annual Period, the Company shall pay the Reinsurer five point seven five percent (5.75%) of its Net Written Premium for the annual period.

  • No Trustee shall be ----------- ---------------------------- obligated to give any bond or other security for the performance of any of his or her duties hereunder.

  • For the Second Annual Period, the Company shall pay the Reinsurer seven point two five percent (7.25%) of its Net Written Premium for the annual period.

  • The parties acknowledge that the failure of the Licensee to meet the Minimum Sales Level for the Second Annual Period for Mens Footwear has been waived by the Licensor.

  • During the First Annual Period and Second Annual Period, Licensee shall be required to spend at least $5,000,000, with respect to each such Annual Period, on Advertising the “bebe” brand in the Exclusive Territory and during the Third Annual Period and the Fourth Annual Period, Licensee shall be required to spend at last $2,500,000 with respect to each such Annual Period on Advertising the “bebe” brand in the Exclusive Territory (the “Advertising Thresholds”).

  • The Quarterly Milestone Payments made pursuant to clauses (c)(i)(A) or (B) represent the Minimum Annual Milestone Payments due for the First Annual Period and Second Annual Period, respectively, and are not subject to repayment under Section 2.8(e) below.

  • During the Second Annual Period (i) 2% of the Capitation Payments will be allocated for Front Room Services to either Allied or CareAdvantage, as the case may be, (ii) 7% of the Capitation Payments shall be allocated to Allied for Back Room Services, and (iii) any remaining Service Fee shall be divided equally between the parties.

  • Upon execution and delivery of this Agreement Licensee shall pay in advance the Minimum Annual Royalty for the Second Annual Period in one lump sum payment.


More Definitions of Second Annual Period

Second Annual Period means the 12-month period from the first anniversary of the Implementation Date to the second anniversary of the Implementation Date;
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Related to Second Annual Period

  • Annual Period has the meaning stated in Section 4.3(e).

  • Average Annual Debt Service means, at the time of calculation, the sum of the Annual Debt Service for the remaining years of the loan to the last scheduled maturity of the loan divided by the number of those years.

  • Maximum Annual Debt Service means the largest Annual Debt Service for any Bond Year after the calculation is made through the final maturity date of any Outstanding Bonds.

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarially equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or qualified joint and survivor annuity) to which the Member would be entitled under the terms of the plan assuming:

  • 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.

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Earnout Period has the meaning set forth in Section 2.5(a)(iii).

  • Agreement Year means a period of 12 months beginning on the Effective Date and each subsequent anniversary thereof.

  • Half Year means the period from 1st January to 30th June in any year and the period from 1st July to 31st December in any year;

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

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

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.