Three Year Term definition

Three Year Term has the meaning specified in Section 8.01.
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Three Year Term means, in respect of any director, the period from one annual general meeting of the Authority to the third annual general meeting following that annual general meeting and shall include any period during which the director ceases to be a director of the Authority but is a director of ASA provided that there is during such period no time when the director is a director of neither the Authority nor ASA.
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Three Year Term means, in respect of any director, the period from one annual general meeting of the Authority to the third annual general meeting following that annual general meeting and shall include any period during which the director ceases to be a director of the
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Examples of Three Year Term in a sentence

  • Section 1: Cumulative Total Economic Package Updated Annually Per Changes in the Actual Cumulative Net Medicaid Rate Increase Over the Three Year Term of the Contract.

  • Thus, on any day during or after the Initial Three Year Term, while the Executive is employed pursuant to this Agreement, the Agreement would have a term expiring on the day before the third (3rd) annual anniversary of such date.

  • It is also agreed that in the event of a Notice of Termination (as that term is defined in Section 7(a) of this Agreement), given by one party to the other party, for any reason, the automatic one-day extensions to the Initial Three Year Term shall cease and desist as of the Executive’s last day of employment pursuant to this Agreement (the Executive’s “Termination Date”).

  • This Agreement shall be automatically extended for additional Three-Year Terms if the Company does not give Executive written notice of termination of this Agreement on or before 120 days prior to the expiration of the Three Year Term then in effect.

  • After the Three Year Term, a Class A Member may request that the Company redeem a maximum of One Hundred (100) Units from said Member per Fiscal Year.

  • At any time on or after January 1, 2017, the Company may give you written notice that the Employment Period will not be extended on a daily basis ("Nonrenewal Notice"), in which case this Agreement will terminate one year after the date of the Nonrenewal Notice, but not before the completion of the Initial Three Year Term, or such later date as may be specified in the Nonrenewal Notice.

  • Executive shall have the option to extend this Agreement for an additional year (the “Option”) by providing the Corporation with written notice of his intention to extend the Agreement at least six (6) months prior to the expiration of the Three Year Term.

  • Each prepayment shall be applied to Three Year Term Loans and/or Five Year Term Loans as the Borrower shall direct.

  • For purposes of this Agreement, Loans may be classified and referred to by Class (e.g. a “Three Year Term Loan”) or by Type (e.g. a “Eurodollar Loan”) or by Class and Type (e.g. a “Eurodollar Three Year Term Loan”).

  • Borrowings may also be classified and referred to by Class (e.g. a Three Year Term Loan Borrowing”) or by Type (e.g. a “Eurodollar Borrowing”) or by Class and Type (e.g. a “Eurodollar Three Year Term Loan Borrowing”).

Related to Three Year Term

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Anniversary Year The one-year period beginning on the Closing Date and ending on the first anniversary thereof, and each subsequent one-year period beginning on the day after the end of the preceding Anniversary Year and ending on next succeeding anniversary of the Closing Date.

  • Annual Period has the meaning stated in Section 4.3(e).

  • Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.