Commencing Sample Clauses
The 'Commencing' clause defines the official start date of the agreement or the obligations under the contract. It typically specifies when the terms and conditions become effective, which may be upon signing, a specified calendar date, or the occurrence of a particular event. This clause ensures both parties are clear about when their rights and responsibilities begin, preventing disputes over timing and providing a clear reference point for the duration and enforcement of the contract.
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Commencing on the first day of the forty-first (41st) Lease Year and continuing on each anniversary thereof until the end of the Primary Term, the Base Rent shall increase to an amount equal to one hundred and two percent (102%) of the Base Rent effective for the preceding Lease Year.
Commencing. Terminating:
Commencing upon the execution of this Agreement, the Escrow Agent shall act as escrow agent and agrees to receive, hold, deal with and disburse the proceeds from the sale ("Proceeds") of Units and any other property at any time held by the Escrow Agent hereunder in accordance with this Agreement. The Managing Owner agrees to notify the Escrow Agent promptly (a) if the proposed offering of Units is extended by the Managing Owner as provided in the Trust's Prospectus dated ___________, 1996 (the "Prospectus") and (b) of the date of the Initial Closing Date (hereinafter defined) and each subsequent closing date.
Commencing. May 1, 2013, EVM will reduce the advisory fee payable under the Advisory Agreement by 0.025% per annum. Thereafter, the advisory fee will be reduced an additional 0.025% per annum on May 1, 2014.
Commencing on May 1, 2015 (the "Effective Date") and during the Term, as defined below, Employee will serve the Company and perform such executive duties for the Company as are required and consistent with the title of and bear all duties and responsibilities of CEO of the Company. Employee shall report to the Board of Directors of the Company (the “Board”) and shall be subject to the direction of the Board.
Commencing on October 1, 2002, and continuing thereafter on the first day of each succeeding Loan Month to and including the first day of the twenty-fourth (24th) Loan Month (i.e., August 1, 2004), Borrower shall pay to Collateral Agent monthly in arrears, interest only on the Senior Principal Balance at the Applicable Interest Rate; and
Commencing upon the execution of this Agreement, the Escrow Agent shall act as escrow agent and agrees to receive, hold, deal with and disburse the proceeds from the sale ("Proceeds") of Units and any other property at any time held by the Escrow Agent hereunder in accordance with this Agreement. The Managing Owner agrees to notify the Escrow Agent promptly (a) if the proposed offering of Units is extended by the Managing Owner as provided in the Trust's Prospectus dated ___________, 1997 (the "Prospectus") and (b) of the date of the Initial Closing Date (hereinafter defined) and each subsequent closing date. 2. CIS shall deposit all Proceeds received from the Selling Agents together with the name, address, federal tax identification number and amount of the subscription of each subscriber. All Proceeds shall be denominated in dollars and deposited in this escrow by check or wire transfer,
Commencing. At the limit established from the most westerly angle of Lot 22 of Concession 3 of the former geographic Township of West Oxford, also being the most southeasterly corner of ▇▇▇▇▇ Road, set southerly at right angles across said Union Road to a point in the northerly limit of Lot 20 of Concession 1 of the former geographic Township of Dereham.
Commencing. At a found 1/2" iron rod with yellow cap marked "Pape-Dawson," said po▇▇▇ ▇▇▇▇▇ the southwest corner of Lot 12, Block 1, New Ci▇▇ ▇▇▇▇▇ ▇▇▇▇▇, Huebner Oaks Commons Un▇▇ ▇ ▇▇ recorded in Volume 9534, Page 204 and 205, said point also being on the east right-of-way of interstate Highway 10, an expressway with a variable width right-of-way. THENCE: N 54 28 52 W, along said east right-of-way of Interstate Highway 10, a distance of 66.48 feet, to a found 1/2" iron rod with yellow cap marked "Pape-Dawson," for the P▇▇▇▇ ▇▇ ▇▇▇INNING and the south corner of this tract: THENCE: N 54 28 52 W, a distance of 150.34 feet along said east right-of-way line of Interstate Highway 10, to a found 1/2" iron rod with yellow cap marked "Pape-Dawson," for the ▇▇▇▇▇ ▇▇ ▇urvature of a curve to the right.
Commencing. (January 1st, 2008) each Eligible Employee shall contribute for each pay period an amount equal to three percent (3%) of Applicable Wages to the Plan. The Employer shall contribute on behalf of each eligible Employee for each pay period, an amount equal to four percent (4%) of Applicable Wages to the Plan.