Partial Commercial Year means the remainder of the calendar year commencing on the first day of the month following the granting of Regulatory Approval by the FDA for the System.
Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;
Billing Commencement Date means the earlier of:
relevant year means a year commencing at 00:00 hours on 1 April and ending at 23:59 hours on the following 31 March;
Quarterly Commencement Date means the 1st day of each of April, July, October and January in each year.
Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.
Commencement of Commercial Production means the first occurrence of Commercial Production in an Area.
Framework Commencement Date means [insert date dd/mm/yyyy];
Financial Year means a year commencing on and including the 1st day of July;
Scheduled Commercial Operation Date shall have the meaning ascribed to it in Clause 5.4.1;
Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;
Commercial Launch means the initial First Commercial Sale of a Product in the Territory.
Date of commencement of the project means the date of the agreement.
Substantial Completion Date means the date on which Substantial Completion occurs.
Agreement Year means each twelve (12) month period of the term of this Agreement beginning on the first day of the calendar year except for the “First Agreement Year” which shall mean the period commencing on the Effective Date and ending on December 31, 2003.
Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;
Commercial Premises Means a place of trade or premises operated for financial gain, including but not limited to, a retirement village or a block of flats that has a common facility; a place of trade where the manufacture and production of products or produce takes place; a site where renovation, restoration and refurbishment work as described in Appendix B takes place.
Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.
Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:
Final Completion Date means the date on which Final Completion occurs.
Revenue Operations Date (ROD) means the date of operation of Metro
Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).
Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.
total allowable catch (TAC) means:
Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.
Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.
State Budget Director means the individual appointed by the Governor pursuant to Section 321 of The Management and Budget Act, 1984 PA 431, MCL 18.1321.