Operating Year definition

Operating Year means the calendar year commencing January 1st of each year (including the calendar year within which the Commencement Date occurs) during the Term.
Operating Year means a calendar year in which occurs any part of the Term of this Lease.
Operating Year means each calendar year, or such other period of twelve (12) months as hereafter may be adopted by Landlord as its fiscal year, occurring either in whole or in part during the Term.

Examples of Operating Year in a sentence

  • During the Operations Period, Tenant shall pay to Landlord Rent of Three Thousand Five Hundred Dollars ($3,500) per MW (DC) of Photovoltaic Generating Facility capacity per Operating Year, pro-rated for partial MWs.

  • An Applicant must deliver its Application Letter to the NWPP Corporation no later than April 1 of the Operating Year preceding the first Operating Year during which the Applicant wishes to be a member of the Western Frequency Response Sharing Group.

  • The WFRSG Operating Rules in effect for each applicable Operating Year under this Agreement will be as set forth in Exhibit H.

  • Promptly following the Original Effective Date, and thereafter as the end of each subsequent Operating Year approaches, the WFRSG Committee must set a schedule of meetings for the Operating Year immediately to follow.

  • A given Operating Year will be designated by the calendar year in which it ends (for example, the period from December 1, 2016 through November 30, 2017 will be designated as “Operating Year 2017”).


More Definitions of Operating Year

Operating Year means each calendar year in which occurs any part of the Term.
Operating Year. As defined in Section 9.1.
Operating Year means a calendar year in which occurs any part of the term of this Lease.
Operating Year means a calendar year commencing January 1 and ending December 31.
Operating Year means a period of twelve (12) consecutive calendar months, commencing on the first day of January in each year, except that the first Operating Year of the Lease Term hereof shall be the period commencing on the Commencement Date and ending on the succeeding December 31, and the last Operating Year of the Lease Term hereof shall be the period commencing on January 1 of the calendar year in which the Lease Term ends, and ending with the date on which the Lease Term ends.
Operating Year means each successive period, the first such period commencing on the date on which the operations period commences and ending three hundred and sixty-five (365) days later, and each subsequent period commencing on the expiration of the previous period and ending at the end of the duration mentioned above.
Operating Year means the calendar year within which the Commencement Date occurs and each subsequent calendar year for any part or all of which Escalation Rent shall be payable pursuant to this Article 27.