Term Year 2 definition

Term Year 2 means the period commencing July 1, 2011 and ending January 31, 2012.
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Term Year 2 means a twelve (12) month period beginning on the first day immediately following the end of Term Year 1 and the successive twelve (12) month period thereafter.
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Term Year 2 means the second Term Year; and "Term Year 3" means the third Term Year.
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Examples of Term Year 2 in a sentence

  • The Credit Tier applicable in Term Year 2 will be Tier 3 (which applies if the Customer’s MARC-Eligible Charges fall in the range from $121,000,000 through $133,099,999.99), and the Applicable Credit Percentage is seven percent (7%).

  • Also assume that the Customer’s MARC-Eligible Charges for Term Year 2 are $123 million, of which the amount attributable to Subject Services is $80 million, and that the Customer has received $2 million in MAC during the first two Credit Attainment Periods of Term Year 2.

  • Cont’d) Example: Assume that the Customer’s Term Year 1 MARC was $100 million, and its Term Year 2 MARC is $110 million.

  • Licensee shall pay the Annual Minimum Fee for the U.S. Territory as follows: (a) with respect to Term Year 1, in four (4) equal, quarterly installments in the amount of US$125,000 each, starting on the tenth day after the commencement of Term Year 1 and (b) with respect to Term Year 2, in four (4) equal, quarterly installments in the amount of US$175,000 each, starting on the tenth day after the commencement of Term Year 2.

  • In addition, they may not act as legal adviser or expert or witness appointed by any of the parties in any ongoing or new dispute concerning the protection of investments under this or any other agreement or under the domestic law of either Contracting Party.

  • During the second year of the Initial Term ("Year 2"), Purchaser shall Acquire Service Amounts that, in the aggregate, are equal to at least $5,000,000 (as may be adjusted, the "Year 2 Minimum").

  • Year 1 Aug 22 & 23, 2022Year 21.12.2 Start and End DatesYear 1Fall Term Year 2 Fall Term Year 1 Winter Term1.12.4 Term BreaksThe academic and administrative offices will be open during this period, but there will be no classes/examinations held for students.Fall Term Break Oct 10 to 14, 2022Winter Term Break Mar 6 to 10, 2023*Note: Some students may need to complete fieldwork during the mid-term break depending on availability of fieldwork sites.

  • Schedule for 2020–2021: Second Formal Progress ReviewFull-time studentsSeptember 2019 enrolmentProgression document due noon on Tuesday 8 June 2021 (Week 9, Summer Term Year 2).

  • During the Summer Term, Year 2 teachers work closely with Year 3 teachers and the children visit Stafford a number of times to ensure a smooth transition between the key stages.

  • Schedule for 2021–2022: Second Formal Progress ReviewFull-time studentsSeptember 2020 enrolmentProgression document due noon on Tuesday of Week 9, Summer Term Year 2.


More Definitions of Term Year 2

Term Year 2 means the period commencing July 1, 2011 and ending January 31, 2012. High Definition. In the first sentence of Section 2.1 of the General Terms, the words “or High Definition (except for Portable Devices) and” are added afterbefore the words “in Standard Definition”; provided that, for the avoidance of doubt, High Definition Included Programs shall be, at all times during the Term, subject to the content protection requirements as set forth on Schedule B-1 toin the Agreement, as amended by this Amendment.
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Related to Term Year 2

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

  • Year 1 means the year next following the export date and “year” followed immediately by any other numeral has a corresponding meaning; reference in this Agreement to an Act shall include the amendments to such Act for the time being in force and also any Act passed in substitution therefor or in lieu thereof and the regulations for the time being in force thereunder; power given under any clause of this Agreement other than clause 17 hereof to extend any period or date shall be without prejudice to the power of the Minister under the said clause 17; marginal notes shall not affect the interpretation or construction hereof; the phases in which it is contemplated that this Agreement will operate are as follows —

  • 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.

  • Year 2 means the year after year 1; year 3 means the year after year 2, year 4 means the year after year 3, and so on; and

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • First Year means the intake group of Students for the most junior class or year in a school.

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Year 3 means the school year in which the majority of pupils attain the age of eight;

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Relevant Year t means the Financial Year for the purposes of which any calculation falls to be made; "Relevant Year t-1" means the Financial Year preceding Relevant Year t, and similar expressions shall be construed accordingly;

  • Earnout Period has the meaning specified in Section 2.03(a).

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Budget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

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

  • 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.

  • 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.

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • 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;

  • Earn-Out Period has the meaning set forth in Section 2.3(a).

  • Quarterly Commencement Date means the 20th day of each of March, June, September and December in each year.

  • Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of one hundred eighty (180) months. Should the Executive make a Timely Election to receive a lump sum benefit payment, the Executive's Payout Period shall be deemed to be one (1) month.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Benefit year means the period of twelve consecutive months, July 1 through June 30, as established by an employer in which an employee shall accrue and use earned sick leave as provided pursuant to N.J.S.A. 34:11D-2, provided that once the starting date of the benefit year is established by the employer it shall not be changed unless the employer notifies the Commissioner of Labor and Workforce Development of the change in accordance with regulations promulgated pursuant to the Act. The Commissioner shall impose a benefit year on any employer the Commissioner determines is changing the benefit year at times or in ways that prevent the accrual or use of earned sick leave by an employee.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).