Examples of Year Four in a sentence
Within ten (10) business days after delivery of a particular Milestone Notice, Codexis shall provide to Shell sufficient quantities of any relevant Biocatalyst to permit Shell to verify that the annual Milestone, Year Four Goal(s) or Year Six Goal(s), as the case may be, in such Milestone Notice has been achieved.
Notwithstanding anything to the contrary, except with respect to the approval of the Research Plans, the annual milestones for the activities carried out under each Research Plan, the Year Four Goal(s), the Year Six Goal(s), and any amendments to any of the foregoing, the Oversight Committee shall have no authority to alter, modify or amend any of the rights and obligations of the Parties set forth under this Amended and Restated Research Agreement.
Regardless of the level of CIMR Net Revenues, Nielsen shall pay to Digimarc, on an equal quarterly basis, annual minimum royalties as follows: In Royalty Year One - $[**]; In Royalty Year Two - $[**]; In Royalty Year Three - $[**]; In Royalty Year Four - $[**]; and In Royalty Year Five - $[**].
Notwithstanding the requirements of paragraph 2 above, and in accordance with the Company's intent to spread the first deposit over a five- year period, in the first year in which deposits are required to be made by the Company to the Employee's segregated account under this Agreement and for each of the three subsequent calendar years, Company shall reduce the deposit otherwise required by the following percentages: Year One -- 80% Year Two -- 75% Year Three -- 66 2/3% Year Four -- 50%.
The amortization schedule shall calculate the principal and interest of the actual Construction Cost of Hotel, over a ten (10) year period using the following annual interest rates: Year One (1) and Year Two (2): two and one half percent (2.5%); Year Three (3) and Year Four (4): three and one half percent (3.5%); Year five (5) through Year Ten (10): four and one half percent (4.5%).