First Annual Period definition

First Annual Period as used in this Contract shall be from 12:01 a.m. Eastern Standard Time, January 1, 2018 to 12:01 a.m. Eastern Standard Time, January 1, 2019.

First Annual Period. $ contemporaneously with the execution of this Agreement; $ on or before April 1, 1993; $ on or before July 1, 1993; and $ on or before October 1, 1993. Second Annual Period: $ on or before January 1, 1994; $ on or before April 1, 1994; $ on or before July 1, 1994; and $ on or before October 1, 1994.

First Annual Period. $ 110,000 Second Annual Period: $ 165,000 Third Annual Period: $ 220,000 Fourth Annual Period: $ 250,000 Fifth Annual Period: $ 250,000 Sixth Annual Period: $ 250,000

Examples of First Annual Period in a sentence

• The Annual Minimum for the First Annual Period shall be [***] and thereafter shall be [***].

• A clothed body search may also be performed as a stand-alone procedure, when appropriate, or to resolve alarms set off during an inspection by the metal detector.

• In no event shall the amount of Licensee's required participation for the First Annual Period exceed $100,000.00 and for each Annual Period thereafter exceed _____ (___%) percent of its Net Sales.

• For each Annual Period following the First Annual Period, Executive shall receive an increase in Salary equal to the cost of living index.

• For each annual period (i.e., the First Annual Period and the Second Annual Period), the Reinsurer shall be liable for one hundred percent (100%) of the excess net loss above an initial Ultimate Net Loss to the Company as follows: Coverage A: Seven hundred thousand dollars ($700,000) of Ultimate Net Loss, each claim, each Insured, each Policy excess of three hundred thousand dollars ($300,000) of Ultimate Net Loss each claim, each Insured, each Policy.

More Definitions of First Annual Period

First Annual Period means the twelve (12) month period commencing on August 1, 1997 through and including July 31, 1998.

First Annual Period means the twelve month period beginning with the first day of the first quarter following the quarter, if any, in which the Sales Milestone is achieved and “Annual Periods” shall mean the First Annual Period and each consecutive twelve month period thereafter, provided that the last Annual Period shall be the Annual Period during which the Revenue Milestone Termination Date occurs. For purposes of example only, if Gross Sales of Catheter Heart Valve Systems exceeds twenty million dollars ($20,000,000) for any Annual Period, the Milestone Consideration for the Growth Milestone shall be limited to seven million dollars ($7,000,000) (or such lesser amount as provided pursuant to Section 2.07(f)) and if the Sales Milestone is not met or if Gross Sales of Catheter Heart Valve Systems is less than ten million dollars ($10,000,000) for all Annual Periods, the Growth Milestone will not be achieved and in such event no Milestone Payment will be made with respect to the Growth Milestone.

First Annual Period shall have the meaning set forth in Section 2.8(a)(i).

First Annual Period means the period beginning on the date of this Agreement and ending December 31, 2000.

First Annual Period means the Annual Period commencing on the Commencement Date;

First Annual Period. $12,500 on the first day each of January 2004, April 2004, July 2004 and October 2004.

First Annual Period means the 12 month period ending December 31, 2004; the "Second Annual Period" means the 12 month period ending