Final Year Volume Sample Clauses

Final Year Volume. The Final Year Volume requirement shall be [ * ]US Dollars (US $[ * ]) (based upon [ * ]).
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Final Year Volume. ‌ During the last year for cutting and paying under the contract, the actual volume of timber designated for cutting shall be controlling if less than or more than the minimum volume required in the contract. B6.4 Damaged Timber‌ B6.41 Damage by Purchaser‌ Merchantable timber damaged during Purchaser’s Operations shall be cut and paid for. Undesignated merchantable timber determined by the Officer in Charge to have been damaged during Purchaser’s Operations shall be paid for at Current Contract Rates, or as stated in B4.22 herein, at the discretion of the Approving Officer. Any damaged timber or waste material, which is paid for, shall become the property of Purchaser and may be removed from the logging unit at any time prior to the expiration of the contract at Purchaser’s option and as directed by Officer in Charge. Damage includes but is not limited to any injury to the living crown, bole or roots of a tree. If timber is injured or damaged to the extent that, in the opinion of the Officer in Charge, it will constitute a hazard to residual trees if not removed, or a safety hazard to the public, Purchaser may be required to remove such injured or damaged timber.
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Final Year Volume. During the twelve (12) month period immediately prior to the Assignment Date, Home Depot shall have purchased from UIC a minimum total of Non-Vigoro Branded Products of at least the volume specified in Section 5.03(b)(i) of Schedule E (the “Final Year Volume”). Provided that Home Depot’s ability to achieve the Final Year Volume has been materially impaired by any of the following occurrences, the Final Year Volume shall be reduced by a reasonable amount mutually agreed to by the parties in good faith to account for: (A) returns of defective Products not replaced by UIC; (B) any recall of Product mandated by the Consumer Product Safety Commission or the Environmental Protection Agency, or initiated by UIC; (C) the sale by UIC of any Product line that includes Non-Vigoro Branded Products that are, at the time of sale, being sold in Home Depot stores; or (D) UIC’s inability to manufacture or deliver Non-Vigoro Branded Products to Home Depot during such twelve (12) month period.
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Final Year Volume. During the last year for cutting and paying under the contract, the actual volume of timber designated for cutting shall be controlling if less than or more than the minimum volume required in the contract.
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Related to Final Year Volume

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution. (b) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall also be subject to adjustment pursuant to Section 6.9.

  • Calendar Year Calendar Year" for the purposes of this Agreement shall mean the twelve (12) month period from January 1st to December 31st, inclusive.

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) its and each of its Domestic Subsidiaries’ fiscal years to end on December 31 of each calendar year and (ii) its and each of its Domestic Subsidiaries’ fiscal quarters to end on March 31, June 30, September 30 and December 31 of each calendar year.

  • Term Contract Quarterly Sales Reports The Contractor shall submit Quarterly Sales Reports in the manner and format required by the Department within 30 calendar days after the close of each State fiscal quarter (the State’s fiscal quarters close on September 30, December 31, March 31, and June 30). The Quarterly Sales Report template can be found here: Quarterly Sales Report Format / Vendor Resources / State Purchasing / Business Operations / Florida Department of Management Services - DMS (▇▇▇▇▇▇▇▇▇.▇▇▇). Initiation and submission of the most recent version of the Quarterly Sales Report posted on the DMS website is the responsibility of the Contractor without prompting or notification from the Department. Sales will be reviewed on a quarterly basis. If no sales are recorded in two consecutive quarters, the Contractor may be placed on probationary status, or the Department may terminate the Term Contract. Failure to provide the Quarterly Sales Report, or other reports requested by the Department, will result in the imposition of financial consequences and may result in the Contractor being found in default and the termination of the Term Contract.