Base Labor Year definition

Base Labor Year means the calendar year 1999.
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Base Labor Year means the calendar year 1999. The base year for taxes is the sum of (i) one-half (1/2) of the taxes payable for the Tax Year commencing on July 1, 1998 and ending June 30, 1999, plus (ii) one-half (1/2) of the taxes payable for the Tax Year commencing on July 1, 1999 and ending June 30, 2000. Sublessee will also be responsible for their proportionate share of emergency power allocated to the Sublessor. Sublessee will be allocated 1000 kW of power, the use of which may not be exceeded. Sublessor, at Sublessee’s expense, shall install electric submeters and Sublessee shall pay for such directly billed electricity utilized in the Premises commencing on the Sublease Commencement Date. The Sublessee shall also pay for electricity utilized by equipment located in common areas that are specifically used by Sublessee. By example, this would include the UPS units in the power room and HVAC condensing units in the common HVAC corridor. In addition, the Sublessee shall pay their proportionate share of electric used in common areas, and for electric use that is not directly submetered. Sublessee and Sublessor will mutually agree upon the method of calculating the additional use of electric energy.
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Base Labor Year means the calendar year commencing January 1989.
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Examples of Base Labor Year in a sentence

  • During the Renewal Term, Tenant shall pay Tenant's Tax Payment and Tenant's Labor Rate Payment in accordance with the provisions of Article 6, except that (i) the Base Tax Year shall be the Tax Year commencing on the July 1st immediately preceding the Renewal Term Commencement Date, (ii) the Base Labor Year shall be the Comparison Year commencing on the January 1st immediately preceding the Renewal Term Commencement Date.


More Definitions of Base Labor Year

Base Labor Year means the calendar year 1 998.
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Base Labor Year means the calendar year 1999 with respect to the 14th Floor Premises and the 11th Floor Premises.’
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Base Labor Year means the calendar year 2002.
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Related to Base Labor Year

  • Fully Burdened Hourly Labor Rate means an hourly rate that includes all salary, overhead costs, general and administrative expenses, and profit.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Day labor means all cases where public bodies, their

  • Target Bonus means Executive’s annual (or annualized, as applicable) target bonus in effect immediately prior to Executive’s Qualifying Termination or, if Executive’s Qualifying Termination occurs during the Change in Control Period and the amount is greater, Executive’s annual (or annualized, if applicable) target bonus in effect immediately prior to the Change in Control.

  • Termination Year means the calendar year in which the Employment Period is terminated.