Subsequent Periods definition
Examples of Subsequent Periods in a sentence
The Rent for the Second and Subsequent Periods is due weekly in advance and is payable on a Monday.
If Redemption Requests exceed the aggregate principal amount of interests in Bonds required to be redeemed during the Initial Period or during any Subsequent Period, then such excess Redemption Requests will be applied in the order received by the Trustee to successive Subsequent Periods, regardless of the number of Subsequent Periods required to redeem such interests.
If Redemption Requests exceed the aggregate principal amount of interests in Debentures required to be redeemed during the Initial Period or any Subsequent Period, then such excess Redemption Requests will be applied in the order received by the Trustee to successive Subsequent Periods, regardless of the number of Subsequent Periods required to redeem such interests.
If a Redemption Request exceeds the $25,000 individual limitation, or if all Redemption Requests exceed the $ aggregate limitation during the applicable period, then the excess Redemption Requests will be applied in the order received by the Trustee to successive Subsequent Periods, regardless of the number of Subsequent Periods required to redeem the Securities to which such Redemption Requests relate.
If Redemption Requests exceed the aggregate principal amount of interests in Notes required to be redeemed during the Initial Period or during any Subsequent Period, then such excess Redemption Requests will be applied in the order received by the Trustee to successive Subsequent Periods, regardless of the number of Subsequent Periods required to redeem such interests.
If Debentures presented for redemption exceed the aggregate principal amount of Debentures required to be redeemed during the Initial Period or during any Subsequent Period, then such excess Debentures presented for redemption will be applied to successive Subsequent Periods, regardless of the number of Subsequent Periods required to redeem such Debentures.
Subsequent Periods shall be the full calendar year following the immediately preceding Period.
If a Redemption Request exceeds the $25,000 individual limitation, or if all Redemption Requests exceed the $2,500,000 aggregate limitation during the applicable period, then the excess Redemption Requests will be applied in the order received by the Trustee to successive Subsequent Periods, regardless of the number of Subsequent Periods required to redeem the Notes to which such Redemption Requests relate.
If the Redemption Requests exceed the aggregate principal amount of interest in IQ Notes required to be redeemed during the Initial Period or during any Subsequent Period, then the excess Redemption Requests will be applied in the order received by the Trustee to successive Subsequent Periods, regardless of the number of Subsequent Periods required to redeem such interests.
Distributor agrees to purchase and take delivery of not less than the following minimum quantity of Products (at wholesale price) in each Contract Year: 1st Contract Year $ 500,000 2nd Contract Year $ 1,000,000 3rd - 5th Contract Years $ 2,000,000 Subsequent Periods $ 2,500,000 The foregoing minimum purchase requirement will be satisfied for any given Contract Year if Distributor’s aggregate purchases of Product equals or exceeds the minimum number for that Contract Year.