Term Year definition

Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.

Term Year means each annual period beginning on the Effective Date (as defined in Section 9 hereof) or anniversary thereof, and ending on the day prior to the anniversary of the Effective Date.

Term Year means a twelve (12) month period beginning on the first day of the calendar month following Initial Operation and each successive twelve (12) month period thereafter.

Examples of Term Year in a sentence

• Commencing as of the Effective Date, each audit shall be limited to the two Term Years prior to the then-current Term Year (it being understood that accounting statements covering periods prior to the Effective Date shall be governed by the Prior Agreement).

• Subject to Section 5.7 hereof, each Library VOD List shall include at least 50 Library Films per Term Year (to be pro rated for any Term Year that is greater or less than 12 months) that Licensor has cleared and made available for non-exclusive Video-On- Demand in the Territory (subject to clearance which may, for the avoidance of doubt, impose additional restrictions (e.g., with respect to platform)) as of the date of such Library VOD List.

• Licensor shall provide Licensee (i) within 30 days of the Effective Date, a list of Library Films available for license hereunder on a Video-On- Demand basis with respect to Term Year 1 and (ii) by September 1 of each Term Year, a list of Library Films available for license hereunder on a Video-On-Demand basis with respect to the following Term Year, specifying the Library VOD Availability Date and the Library VOD License Period for each Library Film (each of the foregoing, a “Library VOD List”).

• Licensor shall provide Licensee (i) on the Effective Date, a list of Library Films available for license hereunder on a non-exclusive Free-On-Demand basis with respect to the Term Year 1 and (ii) by September 1 of each Term Year, a list of Library Films available for license hereunder on a non-exclusive Free-On-Demand basis with respect to the following Term Year, specifying the Library FOD Availability Period (each of the foregoing, a “Library FOD List”).

More Definitions of Term Year

Term Year means a twelve (12) month period beginning on Initial Delivery Date and each successive twelve (12) month period thereafter.

Term Year means a twelve (12) month period beginning on the first day of the calendar month following the Term Start Date and each successive twelve (12) month period thereafter.

Term Year wherever used herein earlier means financial year.

Term Year means any calendar year during the Term of this Agreement beginning January 1 and ending December 31, except that the first Term Year shall mean the period beginning on the Effective Date of this Agreement and ending on December 31 of the next calendar year.

Term Year means a twelve (12) month period beginning on the Commercial Operation Date and each successive twelve (12) month period thereafter.

Term Year means each one (1) year period commencing from the first day of the calendar month immediately after the Effective Date.

Term Year means (i) if the Closing Date occurs on the first day of a calendar month, the 12-month period beginning on the Closing Date or (ii) if the Closing Date does not occur on the first day of a calendar month, the period from the Closing Date through the 12-month anniversary of the end of the calendar month in which the Closing Date occurred and, in either case of clause (i) or (ii), each succeeding 12-month period and in any case ending on the End Date.