Operating Period. During the Term, Executive shall receive an ---------------- annual base salary in the amount of Two Hundred Thousand ($200,000.00) payable in accordance with the normal payroll practices of the Bank. Annual salary increases shall be according to Bank policy which are based on merit and the Bank's financial performance for the previous year. Annual increases are in the sole discretion of the Bank.
Operating Period. 1. Upon completion of the construction of the facilities provided for in the Article 9, the Company shall commence operation of the Mining Area or part thereof for which such facilities have been constructed.
Operating Period. The term of the contract (start date to end date) may overlap Fiscal Years. The City’s Fiscal Year runs from July 1st to June 30th.
Operating Period. The definition of Operating Period is hereby ----------------- deleted and replaced in its entirety with the following: the period beginning with the Commencement Date and ending upon the expiration of the Initial Term and any extension term.
Operating Period. “Operating Period” has the meaning given in Section 9.2.7(c).
Operating Period. Not later than forty-five (45) days before the beginning of each Operating Year, Operator shall prepare and submit to Owner Operator’s proposed Operating Plan for the Project for the following Operating Year. Each Operating Plan shall be prepared so as to comply and be consistent with Operator’s obligations set out in Article III and shall only relate to the Services provided under this Agreement. Each Operating Plan shall show, in such detail reasonably required by Owner, relevant information relating to the anticipated operation and on-going maintenance of the Facility by Operator. Together with each proposed Operating Plan submitted to Owner for an Operating Year, Operator shall prepare and submit to Owner a proposed Budget for the Project for that Operating Year, which shall only relate to the Services provided under this Agreement. The Budget shall show, in such detail reasonably required by Owner and on a Month by Month basis, an itemized estimate of the amount of each Operating Expense to be incurred in the implementation of the Operating Plan for the Project in that Operating Year by Operator.
Operating Period. Not later than ninety (90) days before the beginning of each Operating Year, Operator shall prepare and submit to Owner Operator’s proposed Operating Plan for the Facility for the following Operating Year. Each Operating Plan shall be prepared so as to comply and be consistent with Operator’s obligations set out in Article III. Each Operating Plan shall show, in such detail reasonably required by Owner, and on a Month-by-Month basis, all relevant information relating to the anticipated operation and on-going maintenance of the Facility by Operator, including the relevant information listed in Part 1 of Schedule 2. Together with each proposed Operating Plan submitted to Owner for an Operating Year, Operator shall prepare and submit to Owner a proposed Budget for the Facility for that Operating Year. The Budget shall show, in such detail reasonably required by Owner and on a Month-by-Month basis, an itemized estimate of Operating Expenses to be incurred in the implementation of the Operating Plan for the Facility in that Operating Year by Operator. The Budget shall include the expense categories set out in Part 2 of Schedule 2 or shall be in such other form as Owner may reasonably request.
Operating Period. The Operating Period of the Contract shall be for two (2) years commencing at 2:00 a.m., E.S.T. on March 1, 2018, and ending at 1:59 a.m., E.S.T. on March 1, 2020, subject to earlier termination as provided for herein.
Operating Period. (a) From the Commercial Operations Date up until the Transfer Date (“Operating Period”), the Project Company shall, at its own cost, be responsible for the commercial operation and maintenance of the Project and shall provide a high level of service to its users in accordance with this Agreement, the Standards, Best Industry Practice and any directives from the Responsible Government Authorities.
Operating Period. 2 Section 1.1 Operating Period 2 Section 1.2 Extension Option 2 Section 1.3 Contract Year 2 ARTICLE 2. INCORPORATION OF PROPOSAL 2
