Opening Year 2015 Clause Samples

Opening Year 2015. Based on the traffic study, Opening Year (2015) conditions assume the construction of SR-905 (Phases 1 through 3), SR-125, and three freeway-to-freeway connector ramps (southbound SR-125 to westbound SR-905, eastbound SR-905 to northbound SR-125, and westbound local access ramp from ▇▇▇▇▇▇ ▇▇▇▇▇ Drive to northbound SR-125). It also assumes a number of local roadways are built and development of land as indicated in the SANDAG regional transportation model. Data in the following table summarizes highway segments on SR-11. SR-905/SR-125 Interchange to ▇▇▇▇▇▇ ▇▇▇▇▇ Drive 10,800 925 1,131 A A ▇▇▇▇▇▇ ▇▇▇▇▇ Drive to Siempre Viva Road 12,000 990 1,299 A A East of Siempre Viva Road (Commercial Only) 1,300 105 94 A A East of Siempre Viva Road (Passenger Only) 9,700 786 1,115 A A East of Siempre Viva Road (Commercial Only) 1,400 139 137 A A East of Siempre Viva Road (Passenger Only) 13,400 1,330 1,206 B A Siempre Viva Road to ▇▇▇▇▇▇ ▇▇▇▇▇ Drive 15,800 1,550 1,453 B B ▇▇▇▇▇▇ ▇▇▇▇▇ Drive to SR-905/SR-125 Interchange 14,600 1,399 1,381 B B SR-11 would be expected to carry 27,800 total vehicles per day at its most heavily traveled point between ▇▇▇▇▇▇ ▇▇▇▇▇ Drive and Siempre Viva Road interchanges. Roadway segments and intersections that were reported to operate at levels of service E and F for current conditions in 2009 are expected to improve to level of service D or better by 2015. No roadway segments or intersections are expected to experience traffic congestion. Roadway improvements planned in the study area between 2009 and 2015 are expected to meet or exceed the need from traffic increases. All freeway segments on other routes, with the exception of I-805 north of SR-905, will operate at LOS D or better in 2015. I-805 north of SR-905 is forecasted to operate at a LOS F.
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Related to Opening Year 2015

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

  • Minimum Revenue Borrower and its Subsidiaries shall have Revenue from sales, marketing or distribution of the Product and related services (for each respective measured period, the “Minimum Required Revenue”): (a) during the twenty-four month period beginning on January 1, 2015, of at least $45,000,000; (b) during the twenty-four month period beginning on January 1, 2016, of at least $80,000,000; (c) during the twenty-four month period beginning on January 1, 2017, of at least $110,000,000; and (d) during the twenty-four month period beginning on January 1, 2018, of at least $120,000,000; and (e) during the twenty-four month period beginning on January 1, 2019, of at least $120,000,000.

  • Base Year The period beginning on 1 April of one year and ending on 31 March of the following year.

  • Tax Year The Partnership’s tax year will end on , 20 .

  • Fiscal Year; Taxable Year The fiscal year and the taxable year of the Company is the calendar year.