Calendar Year definition

Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

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Calendar Year means each successive period of twelve (12) calendar months commencing on January 1 and ending on December 31, except that the first Calendar Year of the Term shall commence on the Effective Date and end on December 31 of the year in which the Effective Date occurs and the last Calendar Year of the Term shall commence on January 1 of the year in which the Term ends and end on the last day of the Term.

Calendar Year means a one-year period beginning on January 1st and ending on December 31st.

Examples of Calendar Year in a sentence

The JSC shall hold meetings at such times as it elects to do so, but in no event shall such meetings be held less frequently than twice every Calendar Year until the First Commercial Sale of a Product in both the Qyuns Territory and the NewCo Territory.
At the beginning of each Calendar Year, NewCo will update the NewCo Territory Development Plan, a copy of which will be delivered to Qyuns via the JSC.
The requesting Licensor or Licensors, as applicable, shall bear the cost of such audit unless such audit reveals an underpayment by Windward of more than [***] of the amount actually due during any Calendar Year or [***], whichever is lower, in which case Windward shall reimburse such requesting Licensor or Licensors, as applicable, for the costs of such audit.
Qyuns shall bear the cost of such audit unless such audit reveals an underpayment by NewCo of more than [***] of the amount actually due during any Calendar Year, in which case NewCo shall reimburse Qyuns for the costs of such audit.
In the event this Agreement is terminated by Windward under Section 13.2(b) in its entirety or with respect to a Terminated Product or a Terminated Territory, the foregoing license will be royalty-bearing [***], for a period of [***] after the First Commercial Sale of the first such Product in such country, Licensors will, on a Calendar Quarterly basis, pay to Windward a royalty on aggregate Calendar Year Net Sales of such Terminated Product in such country (A) [***], and (B) [***].

More Definitions of Calendar Year

Calendar Year means (a) for the first Calendar Year, the period commencing on the Effective Date and ending on December 31 of the same year, (b) for the Calendar Year in which this Agreement expires or is terminated, the period beginning on January 1 of such Calendar Year and ending on the effective date of such expiration or termination, and (c) for all other years, each successive twelve (12) consecutive month period beginning on January 1 and ending December 31.

Calendar Year means each respective period of twelve (12) consecutive months ending on December 31.

Calendar Year means the twelve (12) month period ending on December 31; provided, however, that (a) the first Calendar Year of the Term will begin on the Effective Date and end on December 31, 2016 and (b) the last Calendar Year of the Term will end upon the expiration or termination of this Agreement.

Calendar Year means the time period from January 1st to December 31st;

Calendar Year means any consecutive period of twelve months commencing on the first day of January of any year.

Calendar Year means the period commencing January 1 of any year and ending the following December 31.

Calendar Year means each 12-month period commencing on January 1.