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 in which occurs any part of the Term.

Examples of Operating Year in a sentence

  • As compensation for Operator’s services during the Operating Period, Owner shall pay monthly to Operator a management fee equal to three percent (3.00%) of the Gross Revenue from the operation of the Hotel in each Operating Year (herein called the “Management Fee”).

  • Notary Public EXHIBIT A SITE PLAN OF LICENSED PREMISES Tennis House Four Hard Courts [27, 28, 29 and 30] Parking Lot EXHIBIT B SCHEDULE OF MINIMUM ANNUAL PAYMENTS EXHIBIT C SCHEDULE OF OPERATING HOURS AND APPROVED FEES The Operating season shall run from April 1 – November 30 of each Operating Year, unless otherwise approved by Parks.

  • Within the Term, the Licensee shall operate the Licensed Premises as a Tennis Center at a minimum from April 1 through November 30 each Operating Year, unless otherwise approved by Parks.

  • For future seasons, not less than sixty (60) days before the first day of each Operating Year Licensee shall submit to Commissioner for prior approval, schedules for the coming Operating Year concerning operating days and hours, and proposed schedule of fees and rates for the services and products to be provided under this License during the forthcoming Operating Season.


More Definitions of Operating Year

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.
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 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 a calendar year commencing January 1 and ending December 31.
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.
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.