FOURTH PERIOD Sample Clauses

FOURTH PERIOD. The time period from eighteen (18) months after the purchase date of the Plan to twenty- four (24) months after the purchase date of the Plan. During the Fourth Period, the Buyback Amount will be 20% of the Device Retail Price, subject to the condition of the Device.
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FOURTH PERIOD. The option to which the present contract refers will have a --------------- duration of two years counted from the date of official registry of this document.
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FOURTH PERIOD. 225 EWUs or recording, processing and interpretation 75 km2 of 3D seismic line.
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FOURTH PERIOD. (i) During the Fourth Period, the interest rate on the Loan shall be 3% per annum, if the Lender has determined that during the Fourth Period at least 1600 Employees were employed. (ii) During the Fourth Period, the interest on the Loan shall be 4% per annum, if the Lender has determined that during the Fourth Period on average at least 1550 but not more than 1599 Employees were employed. (iii) During the Fourth Period, the interest rate on the Loan shall be 5% per annum, if the Lender has determined that during the Fourth Period on average at least 1500 but not more than 1549 Employees were employed. (iv) During the Fourth Period, the interest rate on the Loan shall be 6% per annum, if the Lender has determined that during the Fourth Period on average at least 1450 but not more than 1499 Employees were employed. (v) During the Fourth Period, the interest rate on the Loan shall be 8% per annum, if the Lender has determined that during the Fourth Period on average at least 1400 but not more than 1449 Employees were employed.
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Related to FOURTH PERIOD

  • month period The election of the optional renewal shall extend the end date of this agreement to June 30, 2021.

  • Initial Period The Initial Period will begin on the date set forth above and will terminate on the earlier of (i) the Commercial Operation Date, or (ii) the Date the Agreement is terminated pursuant to the provisions of Clause 19.

  • ▇▇▇▇▇ Period After payment of the first Dues, the Subscriber is entitled to a grace period of 30 days for the payment of any Dues due. During this grace period, the Agreement will remain in force. However, the Subscriber will be liable for payment of Dues accruing during the period the Agreement continues in force.

  • Extension Term The Term of this Lease of all of the Premises may be extended for the Extension Term by unconditional written notice from Tenant to Landlord at least twelve (12) (but not more than fifteen (15)) months before the end of the Initial Term, time being of the essence. If Tenant does not timely exercise this option, or if on the date of such notice or at the beginning of the Extension Term (i) an Event of Default by Tenant exists, or (ii) Tenant is not leasing sixty percent (60%) or more of the Premises, or (iii) Tenant has made any Transfer under Article 13 (other than a Related Party Transfer), at Landlord’s option upon written notice to Tenant, Tenant’s right to extend the Term of this Lease shall irrevocably lapse and be void and of no further force and effect, Tenant shall have no further right to extend, and this Lease shall expire at the end of the Initial Term. If Tenant fails to timely exercise its rights hereunder, then within seven (7) days of Landlord’s request therefor, Tenant shall execute and deliver to Landlord a certification, in recordable form, confirming the Tenant’s failure to exercise (or waiver of) such right, and Tenant’s failure to so execute and deliver such certification shall (without limiting Landlord’s remedies on account thereof) entitle Landlord to execute and deliver to any third party, and record, an affidavit confirming the failure or waiver, which affidavit shall be binding on Tenant and may be conclusively relied on by third parties. All references to the Term shall mean the Initial Term as it may be extended by the Extension Term. The Extension Term shall be on all the same terms and conditions except that the Base Rent for the Extension Term shall be as set forth below.

  • week period During each bi-weekly pay period there shall be four (4) days off of which two (2) shall be scheduled as consecutive days off. The Employer will endeavour to provide schedules of not more than five