FIRST INCREMENT Clause Samples

FIRST INCREMENT. DOI and the states commit to achieving the following goals by the end of the first increment of the Program: (1) improving the occurrence of Platte River flows in the associated habitats relative to the present occurrence of target flows (hereinafter referred to as Areducing shortages to the target 3 See FWS, Instream Flow Recommendations for the Central Platte River (May 23, 1994) and FWS, Pulse Flow Requirements for the Central Platte River (August 3, 1994) for flow targets. The states have not agreed that these target flows are biologically or hydrologically flows@) by an average of 130,000 to 150,000 acre-feet per year as measured at Grand Island, through reregulation and water conservation/supply projects. DOI and the states agree that FWS= target flows are subject to adaptive management and peer review and may be modified by FWS accordingly. DOI and the states have agreed, however, that during the first increment, target flows may serve as an initial reference point for determining periods of excess and shortage in the operation of Program reregulation and water conservation/supply projects. (2) protecting and, where appropriate, restoring at least 10,000 acres of habitat in the Central Platte River area in habitat complexes located between Lexington and ▇▇▇▇▇▇▇, Nebraska. The Governance Committee may, through the adaptive management process, agree to undertake, fund or give credit for activities outside this area with the intent to focus activities to create the greatest biological benefit to the target species.
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FIRST INCREMENT. The first increment must be earned through study.
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FIRST INCREMENT. If the building permit for the First Increment is issued at any time prior to January 1, 2001, the First Increment shall be Substantially Complete no later than the first anniversary of the date the building permit is issued. If the building permit for the First Increment is issued at any time on or after January 1, 2001 but before March 1, 2001, the First Increment shall be Substantially Complete no later than December 31, 2001. If the building permit for the First Increment is issued at any time on or after March 1, 2001, the First Increment shall be Substantially Complete no later than ten full months after the date the building permit was issued. The applicable date by which the First Increment shall be Substantially Complete, as set forth in this Section 6.5(a), is referred to in this Lease as the "FIRST INCREMENT SCHEDULED COMPLETION DATE."
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FIRST INCREMENT. The first increment of the Deposit shall be non-refundable when paid to Seller and Seller shall be entitled to retain same if this Agreement is terminated for any reason except: (1) In the event of a breach of this Agreement by Seller, (2) The failure of a condition to the Close of Escrow in favor of Buyer, or (3) As expressly provided in Section 3.3(a), Section 6.2(b), Section 9.1(c), Section 13.1, Section 13.2, or elsewhere in this Agreement. If at any time this Agreement is terminated due to a breach of this Agreement by Seller, or the failure of a condition to the Close of Escrow in favor of Buyer, or pursuant to any of the sections of this Agreement referenced in the immediately preceding sentence, Seller shall promptly repay the first increment of the Deposit to Buyer.
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Related to FIRST INCREMENT

  • Merit Increases Merit increases shall be based on satisfactory service. Employees shall be eligible for in-range merit increases on their established anniversary date until such time they have reached the top step of the classification in which they are employed. The eligibility date, for the purpose of this section, shall be the date upon which the employees are granted their first in-range merit increase to the next step of their pay range. This eligibility date may be changed as a result of the timing of future in-range merit increases, promotions or reclassifications.

  • Increment In the Classification Level decided according to Article L9.07.01 above, establish the correct number of full years of approved and certified teaching experience, such placement not to exceed the number of years of experience provided for in the Level concerned. (See Article L9.06)

  • Longevity Increments 11.6.1 Each regular classified employee shall receive a two-range increase (5%) upon completion of five (5) years of satisfactory and continuous service. This increase will become effective at the beginning of the sixth year. 11.6.2 Each regular classified employee shall receive an additional two-range increase (5%) upon completion of ten (10) years of satisfactory and continuous service. This increase will become effective at the beginning of the eleventh year. 11.6.3 Each regular classified employee shall receive an additional two-range increase (5%) upon completion of fifteen (15) years of satisfactory and continuous service. This in-crease will become effective at the beginning of the sixteenth year.

  • RENT INCREASE 6.1 The Landlord is entitled to increase the Rent payable under this tenancy, either during the Tenancy Term or any subsequent renewal or periodic term, on each anniversary of the start date of this tenancy (“The Rent Increase Date”). The increase will be a minimum 5% in addition to the current Rent payable. Should the Landlord elect to do so they will first serve written notice on the Tenant in accordance with these Tenancy Terms and Conditions of at least one calendar month prior to the Rent Increase Date (“the Rent Increase Notice”). 6.2 If the Landlord chooses not to increase the Rent on the Rent Increase Date they may defer doing so to any date thereafter provided they shall at any time thereafter be entitled to serve a Rent Increase Notice and the said rent increase shall take effect on the expiry of such notice – the Landlord will not be entitled to then increase the rent in this way for another 12 months.

  • Commitment Increase The Borrower may, by giving at least 15 Business Days’ notice to the Administrative Agent, propose that the Aggregate Facility Amount be increased (each such proposed increase being a “Commitment Increase”), through an increase of the Commitment of one or more existing Lenders (each an “Increasing Lender”) and/or the addition of one or more Persons (who must be Eligible Assignees) as assuming Lenders (each an “Assuming Lender”), as the Borrower may determine, all effective as of a date (the “Commitment Increase Date”) that shall be specified in such notice and that shall be prior to the Commitment Termination Date; provided the following limitations shall apply: (A) the Borrower may not propose more than two Commitment Increases during any calendar quarter, (B) the proposed Commitment Increase in respect of the Commitment of any Increasing Lender or any Assuming Lender shall for each Commitment Increase Date be no less than $100,000,000, (C) the Aggregate Facility Amount may not in any event at any time exceed $2,000,000,000, (D) no Default or Event of Default shall have occurred and be continuing on the relevant Commitment Increase Date or shall result from the proposed Commitment Increase, and (E) the representations and warranties in Article V shall be true in all material respects on and as of the Commitment Increase Date as if made on and as of such date. The Administrative Agent shall notify the Lenders of a proposed Commitment Increase promptly upon its receipt of notice from the Borrower with respect thereto. Each Lender will consider in good faith any such proposed Commitment Increase, provided that it shall be in each Lender’s sole discretion whether to agree to increase its Commitment hereunder in connection therewith. No later than 10 Business Days after its receipt of the Borrower’s notice proposing a Commitment Increase, each Lender that is willing to increase its Commitment hereunder shall deliver to the Administrative Agent a notice in which such Lender shall set forth the maximum increase in its Commitment to which such Lender is willing to agree (any Lender not responding by such time to be deemed not to have agreed to such increase in its Commitment), and the Administrative Agent shall promptly provide to the Borrower a copy of such Increasing Lender’s notice. The Administrative Agent shall cooperate with the Borrower in discussions with the Lenders and Eligible Assignees with a view to arranging any proposed Commitment Increase through the increase of the Commitments of one or more of the Lenders and/or the addition of one or more Eligible Assignees as Assuming Lenders and the Administrative Agent shall use its reasonable efforts to secure any such proposed Commitment Increase (provided that any such addition of an Eligible Assignee as an Assuming Lender shall be subject to the consent of the Administrative Agent and the Issuing Lender, which consent shall not be unreasonably withheld or delayed); provided, that any allocations of any increase of Commitments hereunder (including any allocation as between Increasing Lenders and Assuming Lenders) shall be determined by the Borrower in its sole discretion.