Semi-Annual Period definition

Semi-Annual Period means each period of six-months, commencing on the first day of a Fiscal Year; provided that the first such period shall begin on July 1, 2013 and end on December 31, 2013.

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Semi-Annual Period means each of: the period beginning on and including January 1 and ending on and including June 30 and the period beginning on and including July 1 and ending on and including December 31; provided that the Semi-Annual Period ending December 31, 2022 shall commence on the Issuance Date.

Semi-Annual Period means in respect of each calendar year, each period of six months (i) from and including 1 January to and including 30 June; and (ii) from and including 1 July to and including 31 December.

Examples of Semi-Annual Period in a sentence

• If an Interest Period or a Semi-Annual Period would otherwise end on a day which is not a Business Day, that Interest Period or Semi-Annual Period will instead end on the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not).

• Any interest or fee accruing under a Finance Document will accrue from day to day and is calculated inclusive of the first day but exclusive of the last day of an Interest Period or Semi-Annual Period, as the case may be, on the basis of the actual number of days elapsed and a year of 365 days (irrespective of whether the year is a leap year) or, in any case where the practice in the Johannesburg interbank market differs, in accordance with that market practice.

• Royalty Payments for Net Sales occurring during each Semi-Annual Period shall be made within sixty (60) days from the end of such Semi-Annual Period.

• Parent’s rights under this provision, with respect to Royalty Payments paid and payable on Net Sales occurring during each Semi-Annual Period, shall continue for a period of six (6) years after the last day of such Semi-Annual Period.

• Spansion shall: (a) keep accurate and detailed accounts and records of all Royalty Payments due under this Agreement; and (b) within sixty (60) days after the last day of each Semi-Annual Period, deliver to Parent a statement of all Royalty Payments due to Parent, if any, during such Semi-Annual Period.

More Definitions of Semi-Annual Period

Semi-Annual Period shall bear the meaning defined in clause 7.2.2.1;

Semi-Annual Period means each of: the period beginning on and including January 1 and ending on and including June 30 and the period beginning on and including July 1 and ending on and including December 31.

Semi-Annual Period means the six-month periods ending each July 1 and January 1; provided that the first Semi-Annual Period shall commence on the Effective Date and end on July 1, 2013.

Semi-Annual Period means each half of Spansion’s fiscal year; provided, however, that the last Semi-Annual Period shall end on the effective date of any termination of this Agreement.

Semi-Annual Period means either of the six (6) months period commencing April 1st and October 1st and running through, respectively, the following September 30th and March 31st.

Semi-Annual Period means, in any Fiscal Year, any of the following six month periods of a Fiscal Year (i) April 1 to September 30; and (ii) October 1 to March 31.

Semi-Annual Period means the first and second Financial Quarters of each Financial Year.