Phase-Out definition
Examples of Phase-Out in a sentence
Out Range* Phase-Out Range* (minimum)(maximum) (minimum)(maximum) 2011 $90,000–$110,000 $56,000–$66,000 2012 $92,000–$112,000 $58,000–$68,000 2013 $95,000–$115,000 $59,000–$69,000 2014 $96,000–$116,000 $60,000–$70,000 2015 $98,000–$118,000 $61,000–$71,000 2016 $98,000–$118,000 $61,000–$71,000 2017 $99,000–$119,000 $62,000–$72,000 2018 $101,000–$121,000 $63,000–$73,000 *MAGI limits are subject to cost-of-living adjustments each year.
Notwithstanding anything herein to the contrary, this Agreement (other than the provisions of Sections 11 through 12 hereof) shall terminate on the Phase-Out Date or if the employment of Employee by the Company shall terminate for any reason other than as provided herein.
Notwithstanding anything herein to the contrary, this Agreement (other than the provisions of Sections 10 through 11 hereof) shall terminate on the Phase-Out Date or if the employment of Employee by the Company shall terminate for any reason other than as provided herein.
The Phase-Out period shall apply to any task order follow-on requirements.
Upon a Unit becoming vacant during the Phase-Out Period, the Proponent may rent the Unit to a new tenant at any rent agreed to by the Proponent and the new tenant and that is in compliance with then existing rent legislation.