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.
Sample 1Sample 2
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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.
Sample 1
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).
Sample 1
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).
Sample 1
Period Two. During the period beginning on January 1, 2022, and ending May 31, 2022, the sum equal to:
Sample 1
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.] ******************************************************************************** ********************************************************
Sample 1

Related to Period Two

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

  • CONTRACT ANNIVERSARY An anniversary of the Contract Date.

  • 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.

  • 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.

  • Quarterly Financials To Agent, within forty-five (45) days after the end of the first three Fiscal Quarters of each Fiscal Year, consolidated financial information regarding Parent Borrower and its consolidated Restricted Subsidiaries, certified by a Financial Officer of Parent Borrower, including (i) unaudited balance sheets as of the close of such Fiscal Quarter and (ii) unaudited statements of income and cash flows for such Fiscal Quarter, in each case setting forth in comparative form the figures for the corresponding period in the prior year and the related statements of income and cash flow for that portion of the Fiscal Year ending as of the close of such Fiscal Quarter, all prepared in accordance with GAAP (subject to absence of footnotes and normal year-end adjustments). Such financial information shall be accompanied by (A) a statement in reasonable detail (each, a “Compliance Certificate”) showing the calculations used in determining compliance with the financial covenant set forth in Section 7.10, if applicable, and (B) including the certification of a Financial Officer of Parent Borrower that (i) such financial information fairly presents, in all material respects in accordance with GAAP (except as approved by accountants or officers, as the case may be, and disclosed in reasonable detail therein, including the economic impact of such exception, and subject to normal year-end adjustments and the absence of footnote disclosure), the financial position, results of operations and statements of cash flows of Parent Borrower and its consolidated Restricted Subsidiaries, on a consolidated basis, as at the end of such Fiscal Quarter and for that portion of the Fiscal Year then ended, and (ii) that no Default or Event of Default has occurred and is continuing as of such time or, if a Default or Event of Default has occurred and is continuing, describing the nature thereof and all efforts undertaken to cure such Default or Event of Default. In addition, Borrowers shall deliver to Agent and Lenders, within forty-five (45) days after the end of each of the first three Fiscal Quarters of each Fiscal Year, a management discussion and analysis that includes a comparison of performance for that Fiscal Quarter to the corresponding period in the prior year.

  • Period of Option Unless the Option is previously terminated pursuant to this Agreement, the term of the Option and this Agreement shall commence on the Date of Grant and shall terminate upon the tenth anniversary of the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

  • Period 4.1. The period of this Framework Agreement is from and including 1 August 2019 (the “Commencement Date”) to and including 31 July 2023 unless it is terminated earlier under Clause 4.2.

  • Computation; 360-Day Year In computing interest, the date of the making of any Credit Extension shall be included and the date of payment shall be excluded; provided, however, that if any Credit Extension is repaid on the same day on which it is made, such day shall be included in computing interest on such Credit Extension. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.

  • Lease Commencement Date The earlier to occur of (i) the date upon which Tenant first commences to conduct business in the Premises, and (ii) the later to occur of (A) November 1, 2018 and (B) the date upon which the Premises are Ready for Occupancy (as that term is defined in Section 5.1 of the Tenant Work Letter attached hereto as Exhibit B (the “Tenant Work Letter”)).

  • Six-Month Delay Notwithstanding anything to the contrary in this Agreement, no compensation or benefits, including without limitation any severance payments or benefits payable under this Section 4, shall be paid to the Executive during the six-month period following the Executive’s Separation from Service if the Company determines that paying such amounts at the time or times indicated in this Agreement would be a prohibited distribution under Section 409A(a)(2)(B)(i) of the Code. If the payment of any such amounts is delayed as a result of the previous sentence, then on the first day of the seventh month following the date of Separation from Service (or such earlier date upon which such amount can be paid under Section 409A without resulting in a prohibited distribution, including as a result of the Executive’s death), the Company shall pay the Executive a lump-sum amount equal to the cumulative amount that would have otherwise been payable to the Executive during such period.

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