Tenth Anniversary Date Sample Clauses

Tenth Anniversary Date. If the aggregate amount of Free Cash Distributions paid to Holder on or prior to the Tenth Anniversary Date is less than $2,000,000, Maker will continue to make payments equal to ten percent (10%) of the Project's Free Cash Flow on a quarterly basis until Holder has received $2,000,000 in the aggregate pursuant to the terms of this Note.
Sample 1Sample 2
AutoNDA by SimpleDocs
Tenth Anniversary Date. From and after the earliest to occur of (a) the tenth anniversary date of the Closing, or (b) when the Security is exhausted in its entirety pursuant to this paragraph 4(d), or (c) when the $15 million initially provided to the Security by Seller is depleted pursuant to this paragraph 4(d), then Seller’s liability under this paragraph 4(d) or otherwise to Buyer with respect to Pre-Existing Environmental Conditions shall cease, and Buyer shall be responsible for all environmental conditions relating to the Property and may draw upon the Security to the extent available under the terms of this Letter Agreement, and Buyer shall indemnify and hold Seller, its directors, officers, employees, agents and representatives harmless from all liability, including attorney’s fees, costs, fines and penalties, arising out of or in connection with any claim against Seller for such conditions. Provided, however, that until the tenth anniversary date of the Closing the Seller shall remain obligated to perform such actions, if any, as may be required under the Trust Agreement referred to in paragraph 4(d)(ii)(1). In the event that, on the tenth anniversary date, any funds remain in the Security, Seller shall be entitled to such funds.
Sample 1

Related to Tenth Anniversary Date

  • 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).

  • CONTRACT ANNIVERSARY An anniversary of the Contract Date.

  • Anniversary Dates Except as may otherwise be provided for in deep class resolutions, anniversary dates will be set as follows:

  • Anniversary Fee A fully earned, non refundable anniversary fee of Twenty Seven Thousand Five Hundred Dollars ($27,500), payable on the date that is three hundred sixty five (365) days after the Effective Date

  • Termination Date The Executive’s “Termination Date” shall be:

  • Commitment Termination Date the earliest to occur of (a) the Revolver Termination Date; (b) the date on which Borrowers terminate the Revolver Commitments pursuant to Section 2.1.4; or (c) the date on which the Revolver Commitments are terminated pursuant to Section 11.2.

  • Initial Effective Date The initial effective date of coverage under the Group Insurance Program is the thirty-fifth (35th) day following the employee's first day of employment, re- hire, or reinstatement with the State. The initial effective date of coverage for an employee whose eligibility has changed is the date of the change. An employee must be actively at work on the initial effective date of coverage, except that an employee who is on paid leave on the date State-paid life insurance benefits increase is also entitled to the increased life insurance coverage. In no event shall an employee's dependent's coverage become effective before the employee's coverage. If an employee is not actively at work due to employee or dependent health status or medical disability, medical and dental coverage will still take effect. (Life and disability coverage will be delayed until the employee returns to work.)

  • Starting Date Unless a specific (fixed) starting date is duly justified and agreed upon during the preparation of the Grant Agreement, the project will start on the first day of the month following the entry info force of the Grant Agreement (NB : entry into force = signature by the Commission). Please note that if a fixed starting date is used, you will be required to provide a detailed justification on a separate note.

  • Date Increment Due Increments shall accrue and become due and payable on the next day following completion of required service as an employee in the class, unless otherwise provided herein.

  • Vesting Date All remaining shares of Restricted Stock will become vested on the Vesting Date.

Time is Money Join Law Insider Premium to draft better contracts faster.