Definition of Operating Year


Operating Year means a calendar year in which occurs any part of the term of this Lease.


Operating Year means each calendar year during the Term, except the initial Operating Year shall be a partial year beginning on the Commencement Date and ending on the following December 31, and if this Agreement is terminated effective on a date other than the last day of an Operating Year in any year, then the last Operating Year shall also be a partial year ending on the effective date of expiration or termination.

Operating Year means a twelve-month period, the first Operating Year to commence on the Completion Date and each succeeding Operating Year commencing at the expiration of the preceding Operating Year.

Examples of Operating Year in a sentence

The submittal should cover the period defined in 326 IAC 2-6-2(8) (Emission Statement Operating Year).
The submittal should cover the period defined in 326 IAC 2-6-2(8)(Emission Statement Operating Year).
Housing Assistance Category: Facility Based Housing Output: Number of Households Output: Total HOPWA Funds Expended during Operating Year by Project Sponsor/subrecipient a.
Landlord shall have the right to reasonably estimate the Operating Expenses for each Operating Year.
On or before the thirtieth (30th) day following the end of each month of each Operating Year, Licensee shall submit to Parks a statement of Licensee’s Gross Receipts, in a form satisfactory to Parks, signed and verified by an officer of Licensee reporting any Gross Receipts generated by Licensee under this License Agreement.



More definitions of Operating Year

Operating Year means each respective calendar year or part thereof during the Term, or, at the Landlord’s option, any other 12-month period or part thereof designated by the Landlord during the Term.


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 during the Lease Term.

Operating Year means each calendar year all or any part of which falls within the Term;

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 means each calendar year, all or a portion of which falls within the Term.

Operating Year means (i) in the case of the calendar year in which the O&M Commencement Date occurs, the period from and including the O&M Commencement Date to and including December 31st of such year, (ii) in the case of each succeeding calendar year, the period from and including January 1st of each such calendar year to and including December 31st of each such succeeding calendar year and (iii) in the case of the calendar year in which termination or expiration of the O&M Agreement occurs, the period from and including January 1st of such calendar year to the date upon which the O&M Agreement terminates or expires. [CA, O&M, Schedule Z]

Operating Year means a calendar year commencing January 1 and ending December 31.