Operating Year. each calendar year during the term of this Agreement, except that the first Operating Year shall be a partial year beginning on the Effective Date and ending on the following December 31, and if this Agreement is terminated effective on a date other than December 31 in any year, then the partial year from January 1 of the year in which such termination occurs to such effective date of termination.
Appears in 2 contracts
Samples: Management Agreement (Golf Trust of America Inc), Management Agreement (Gta-Ib, LLC)
Operating Year. each calendar year during the term of this AgreementTerm, except that the first Operating Year (if not commenced on January 1) shall be a partial year beginning on the Effective Date Date, and ending on the following December 3131 of such year, and if this Agreement expires or is terminated effective on a date other than December 31 in any year, then the last Operating Year shall also be a partial year from commencing on January 1 of the year in which such expiration or termination occurs to such and ending on the effective date of expiration or termination.
Appears in 1 contract
Samples: Food and Beverage Management Agreement (NRI Real Token Inc.)
Operating Year. each the Operating Year shall coincide with and be identical to, the calendar year during the term of this Agreementyear, except that the first Operating Year shall be a partial year beginning on the Effective Commencement Date and ending on the following December 31, and if this Agreement is shall be terminated effective on a date other than December 31 in any year, then the partial year from January 1 of the year in which such termination occurs to such effective date of termination.any
Appears in 1 contract
Samples: Management Agreement (Harvest Restaurant Group Inc)
