Xxxxxxx Calendar Year definition

Xxxxxxx Calendar Year means a year based on Xxxxxxx’x universal calendar for that year used by Xxxxxxx for internal and external reporting purposes (a copy of which for the year 2018 is attached hereto as Exhibit F); provided, however, that the first Xxxxxxx Calendar Year and the last Xxxxxxx Calendar Year of the applicable period (such as the Royalty Term) may be a partial year as the case may be.
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Xxxxxxx Calendar Year means a year based on the Xxxxxxx & Xxxxxxx Universal Calendar for that year; provided, however, that (a) the first Xxxxxxx Calendar Year of the Term shall begin on the Effective Date and end on the last day of Xxxxxxx Calendar Year 2021; and (b) the last Xxxxxxx Calendar Year of the Term shall begin on the first day of the Xxxxxxx Calendar Year in which this Agreement expires or terminates and end on the effective date of expiration or termination of this Agreement.
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Xxxxxxx Calendar Year means a year based on Xxxxxxx’x universal calendar for that year used by Xxxxxxx for internal and external reporting purposes (a copy of which for the year 2016 and 2017 is attached hereto as Exhibit I); provided, however, that the first Xxxxxxx Calendar Year and the last [*] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended. Xxxxxxx Calendar Year of the applicable period (such as the Royalty Term) may be a partial year as the case may be.
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Examples of Xxxxxxx Calendar Year in a sentence

  • The Finance Working Group shall review Geron’s quarterly Detail reports for a given Xxxxxxx Calendar Year while there is Innovator Protection in the Co-Promote Territory, and advise the JMC of any true-up of Promoting Costs owed to Xxxxxxx to satisfy Geron’s obligation to contribute the equivalent of 20% of the Sales Representative Details during such year in which any Co-Promoting occurs hereunder.

  • On the reasonable request of Cidara, but no more than once per Xxxxxxx Calendar Year during the Term, Xxxxxxx shall discuss such reports with Cidara to facilitate Cidara’s assessment of whether Xxxxxxx is complying with its diligence obligations under this Agreement.

  • Notwithstanding the foregoing, if Xxxxxxx makes any changes to the US Promotional Plan that in the aggregate result in a percentage increase to the Geron Promotional Funding Amount for a given Xxxxxxx Calendar Year above the Promotional Budget Variance Ceiling, then Geron shall have the right, upon notice to Xxxxxxx within [*] ([*]) days of Geron’s receipt of such invoice, to [*], in which case [*].

  • For the avoidance of doubt, the various milestone events specified in Section 8.3.3 may be achieved on account of the cumulative Net Sales aggregated for a single Licensed Product (if it is the only one sold) or several Licensed Products (if different Licensed Products are sold) in the applicable Xxxxxxx Calendar Year, but only one time for each milestone event regardless of the number of Licensed Products sold.

  • Subject to Section 5.5.1, Xxxxxxx shall invoice Geron for such Promoting Costs due for each such Xxxxxxx Calendar Year, which shall be payable by Geron within [*] ([*]) days of receipt thereof.

  • For the avoidance of doubt, if in the same Xxxxxxx Calendar Year both sales milestone events described below are first attained, then the payments for both such milestone events attained as specified below shall be due at the same time.

  • Such Currency Hedge Rate(s) will remain constant throughout the upcoming Xxxxxxx Calendar Year.

  • The records for a given Xxxxxxx Calendar Year shall be subject to audit no more than one time.

  • Royalties due shall be calculated by multiplying the applicable royalty rate by the applicable increment of aggregate worldwide Net Sales of applicable Licensed Products made in the applicable countries during a Xxxxxxx Calendar Year (or portion thereof), during the applicable Royalty Term in such countries, subject to any adjustments under Section 8.4.3 below.

  • During the Royalty Term, Xxxxxxx shall provide the Currency Hedge Rate(s) to be used for the local currency of each country of the Territory for the upcoming Xxxxxxx Calendar Year not later than 10 Business Days after the Currency Hedge Rate(s) are available from Xxxxxxx or its Affiliates, which is customarily at the beginning of December.

Related to Xxxxxxx Calendar Year

  • Calendar Year means each successive period of twelve (12) calendar months commencing on January 1 and ending on December 31, except that the first Calendar Year of the Term shall commence on the Effective Date and end on December 31 of the year in which the Effective Date occurs and the last Calendar Year of the Term shall commence on January 1 of the year in which the Term ends and end on the last day of the Term.

  • Distribution Calendar Year means the calendar year for which a minimum distribution is required. For distributions beginning before the Participant’s death, the first distribution calendar year is the calendar year immediately preceding the calendar year which contains the Participant’s required beginning date. The required minimum distribution for the Participant’s first distribution calendar year will be made on or before the Participant’s required beginning date. The required minimum distribution for other distribution calendar years, including the required minimum distribution for the distribution calendar year in which the Participant’s required beginning date occurs, will be made on or before December 31 of that distribution calendar year.

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31.

  • 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.

  • 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.

  • Calendar Week means any period of seven days starting with the same day as the first day of the First Assignment;

  • 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.

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

  • Quarterly Period means each period of three (3) consecutive months ending on March 31, June 30, September 30, and December 31.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

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

  • 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.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Open Year has the meaning specified in Section 4.01(r)(iii).

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

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

  • Billing Period means (subject to Article 6.1 of the Agreement) the calendar month ending with the Metering Date. The first Billing Period shall commence from the Commercial Operation Date and end with the Metering Date corresponding to the month in which the Commercial Operation Date occurs.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Remaining Dollar-Years means the amount obtained by (1) multiplying the amount of each then-remaining principal payment on such Debt by the number of years (calculated at the nearest one-twelfth) that will elapse between the date of determination of the Weighted Average Life to Maturity of such Debt and the date of that required payment and (2) totaling all the products obtained in clause (1) above.

  • 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.

  • Semi-Annual Period means each period of six-months, commencing on the first day of a Fiscal Year; provided that the first such period shall begin on July 1, 2013 and end on December 31, 2013.

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