Examples of Contract Year Quarter in a sentence
Subject: Bioenergy Market Adjusting Tariff Power Purchase Agreement (“BioMAT PPA”) by and between PG&E and [Insert Seller’s full legal name], a [Insert Seller’s form of entity and state of registration] (“Seller”) – Fuel Attestation Dear Sir or Madam: Pursuant to Section [4.4.3][4.4.4] of the BioMAT PPA, Seller submits to PG&E this Fuel Attestation for the Contract [Year] [Quarter] that ended on [Date] [(“Contract Year”)] [(“Contract Quarter”)]).
The Operating Committee shall meet not less than [*] per Calendar Quarter during the first Contract Year and not less than [*] per Contract Year Quarter thereafter during the Co-Promotion Period, with meetings alternating between the offices of Salix and Altana.
Not less than five (5) Business Days before each subsequent Contract Year Quarter during the first Contract Year, Seller shall deliver to T&D an incremental Credit Support amount such that the total Credit Support held by the T&D after the applicable Credit Support is delivered is equal to or greater than the cumulative Contracts Payments received during all prior Contract Quarters plus the maximum Contract Payment the Seller could receive during the subsequent Contract Year Quarter.
Upon Licensee's request and in Everlast's reasonable discretion, errors made in any Royalty and Net Sales Statements during any Contract Year (if reflected in Licensee's payments) may be corrected with credits or debits to the Royalty and Net Sales Statement submitted for the first Contract Year Quarter of the immediately following Contract Year.
If, upon any such inspection, it shall appear that the royalty previously reported for any Contract Year Quarter has been understated by five (5%) percent or more, the expense of any such audit shall be borne by the Licensee.
Customer shall pay all invoices within [*] of the date of such invoice or, for production fees not pre-paid to Wind River, no later than the last day of the first full month after the end of each Contract Year Quarter (accompanied by the quarterly License Report), in U.S. dollars unless otherwise set forth in Exhibit A.
Each of the Initial Term and each Renewal Term may be referred to as a "Contract Year." Each Contract Year ------------- shall be divided into four (4) equal periods, with each such period referred to as a "Contract Year Quarter." In turn, the Initial Term or any Renewal Term ----------------------- shall be divided into Contract Years.
Subject to paragraph 4.3, herein below, Earned Royalties for the Option Period shall be paid to Everlast quarterly (in accordance with the terms of Article 5, herein below), in arrears for all Net Sales in each Contract Year Quarter and less Guaranteed Minimum Royalties (defined herein below) paid during such Contract Year Quarter, concurrently upon the submission of the Royalty and Net Sales Report (defined herein below) specified in Article 5.
Each such Royalty and Net Sales Statement submitted after January 1, 2008 shall be accompanied by payment in full, in U.S. dollars, of an amount equal to the Earned Royalties for the Contract Year Quarter ending as of the month immediately prior to such Royalty and Net Sales Statement, less Guaranteed Minimum Royalties due and paid during such Contract Year Quarter (subject to any applicable adjustments made pursuant to paragraph 4.3 herein above).
During the first Contract Year Quarter of each Contract Year Licensee shall furnish to Everlast without charge two production samples of each style of Licensed Product then offered for sale by Licensee.