Period Two Sample Clauses

Period Two. Period Two commences on July 1 immediately following the conclusion of Period One and ends on June 30 of the tenth fiscal year thereafter. In the given example, Period Two would end on June 30, 2039.
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Period Two. During the period beginning on January 1, 2022, and ending May 31, 2022, the sum equal to: (1) $30,000,000.00; plus (2) Provided the Borrower has satisfied the Accordion Prerequisites, the lesser of $10,000,000.00 or the then Available Borrowing Base.
Period Two. For Product produced on and after October 1, 1998 and before ---------- September 30, 2000; payment shall be made by the ANRC for the Product promoted, marketed, distributed and sold by the ANRC and its Affiliates as follows. The ANRC will pay VITEX ******************************************************************************** ******************************************************************************** *************. For Product produced on and after October 1, 1998 and before September 30, 2000, the royalty due VITEX for a calendar quarter shall be paid **************** ******************************************************************************** **************************************************************************** ["****" indicates material omitted and filed separately with the Securities and Exchange Commission Pursuant to a request for confidential treatment.] ******************************************************************************** ********************************************************
Period Two. For the period of time from June 1, 2011 through September 30, 2011, the City will pay the District a monthly fee of $4,400.00 ($17,600 in the aggregate) for the District’s performance of its obligations under the Agency Agreement, as amended by this Agreement, which amount represents a commitment of five hours per week from Xx. Xxxxxxx and a commitment of two and on-half hours per week from Xx. Xxxxxxx.
Period Two. If the First Milestone is not achieved by the 90th Day following the 24th month from the Entitlement Date the Company will be required to pay five (5) times the Base Amount due and payable for the next-ensuing PILOT Year (or, if the Company has made a lump sum payment of the Base Amount as provided in the Agreement, then 5 times the Base Amount that would otherwise have been due and payable for the next-ensuing PILOT Year). Exhibit Schedule 1 sets forth an example of the calculation assuming a Base Amount of $355,901, which would yield a Supplemental Payment of $1,779,505 (5 times Base Amount of $355,901equals $1,779,505).
Period Two. If the Second Milestone is not achieved by the 90th Day following the 36th month from the Entitlement Date the Company will be required to pay seven and a half (7.5) times the Base Amount due and payable for the next-ensuing PILOT Year (or, if the Company has made a lump sum payment of the Base Amount as provided in the Agreement, then 7.5 times the Base Amount that would otherwise have been due and payable for the next-ensuing PILOT Year had such lump sum payment not been made). Exhibit Schedule 1 sets forth an example of the calculation assuming a Base Amount of $373,696,, which would yield a Supplemental Payment of $2,802,723 (7.5 times Base Amount of $373,696, equals $2,802,723).

Related to Period Two

  • Listing Period Extension The Commission shall be due if the Property is sold, conveyed, exchanged, optioned, or otherwise transferred within _ _ days (“Extension Period”) after the expiration of the Listing Period to anyone with whom the Broker or Agency has negotiated unless the Property is listed, in good faith, with another real estate agency. The term “negotiation” shall include providing information about the Property, showing the Property, or presenting an offer on the Property. All rights under this Section shall terminate upon the expiration of the Extension Period.

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

  • CONTRACT ANNIVERSARY The same date in each subsequent year as your Contract Date.

  • week period If an employee fails to return at the end of the family care or medical leave, the CSU may require repayment of insurance premiums paid during the unpaid portion of the leave. The CSU shall not require repayment of premiums if the employee's failure to return is due to his/her serious health condition or due to circumstances beyond the employee's control.

  • Month A period commencing at 10:00 a.m., Eastern Standard Time, on the first Day of a calendar month and extending until 10:00 a.m., Eastern Standard Time, on the first Day of the next succeeding calendar month. Monthly shall have the correlative meaning.

  • Initial Period The Initial Period will begin on the date set forth above (date of signed Agreement) 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 Section 4(b) or 4(d).

  • year The employee shall provide medical substantiation to support her request for pregnancy leave. The request must include the beginning and ending dates of the leave and must be requested no later than thirty (30) calendar days after the birth of the child. Any changes to the leave, once approved, are permissive and subject to the approval of the department head or designee.

  • Anniversary Date A regular employee’s initial date of current employment with the Employer as a regular employee shall be her anniversary date for the purpose of determining benefits and for the purpose of determining increment anniversary date. (Reference Article 6.05 - Superior Benefits and Article 12.03 - Increments).

  • Meal Period Employees shall receive a meal period which shall commence no less than two (2) hours nor more than five (5) hours from the beginning of the employee's regular shift or when the employee is called in to work on their regular day off. The meal period shall be no less than one-half (½) hour nor more than one (1) hour in duration and shall be without compensation. Should an employee be required to work in excess of five (5) continuous hours from the commencement of their regular shift without being provided a meal period, the employee shall be compensated two (2) times the employee's straight-time hourly rate of pay for the time worked during their normal meal period and be afforded a meal period at the first available opportunity during working hours without compensation.

  • COMMENCEMENT/EXPIRATION DATE This agreement is executed as of the date of the last signature and is effective through at which time it will expire. The expiration date is the final date for completion of all work activities under this agreement.

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