Initial Period. The Initial Period will begin on the date set forth above and will terminate on the earlier of (i) the Commercial Operation Date, or (ii) the Date the Agreement is terminated pursuant to the provisions of Clause 19.
Initial Period. The Performance Fee Adjustment will not be applied until this Agreement has been in effect for 12 months (the "Initial Period"). For the first 12 months of the Initial Period, the Adviser will receive the Base Fee. SUBSEQUENT PERIODS. For each month following the Initial Period, the Adviser will receive the Base Fee, subject to the Performance Fee Adjustment calculated as described above. The Fund's investment performance will be measured by comparing (i) the opening net asset value of one share of the Fund on the first business day of the performance period with (ii) the closing net asset value of one share of the Fund as of the last business day of such period. In computing the investment performance of the Fund and the investment record of the Fund's benchmark index, distributions of realized capital gains, the value of capital gains taxes per share paid or payable on undistributed realized long-term capital gains accumulated to the end of such period and dividends paid out of investment income on the part of the Fund, and all cash distributions of the securities included in the Fund's benchmark index, will be treated as reinvested in accordance with Rule 205-1 or any other applicable rules under the Investment Advisers Act of 1940, as the same from time to time may be amended. Any calculations of the investment performance of the Fund and the investment performance of the Fund's benchmark index shall be in accordance with any then applicable rules of the Securities and Exchange Commission. In the event of any termination of this Agreement, the fee provided for in this Schedule B shall be calculated on the basis of a period ending on the last day on which this Agreement is in effect, subject to a pro rata adjustment based on the number of days elapsed in the current period as a percentage of the total number of days in such period.
Initial Period. The Initial Period of this Contract shall commence on Month XX, 202X, and shall continue in full force and effect through Month XX, 202X.
Initial Period. “Initial Period” shall mean the time period from the Effective Date of this Agreement through the first day of the Baseline Period, as defined herein.
Initial Period. During the period from the date of this Agreement until the end of the current calendar year, unless agreed otherwise, the Reseller shall be established as a “Premier Reseller”.
Initial Period a period of twelve months, starting from the date when we have approved you for the SnapScan Merchant Service;
Initial Period. The term of the lease of the Premises to Tenant pursuant to this Agreement (the “Term”) shall commence as of December 31, 2054 (the “Commencement Date”). The Term shall continue until the last day of the month preceding the fifteenth anniversary of the Commencement Date, unless the Term is sooner ended or extended pursuant to the provisions of this Agreement. For all purposes under this Agreement, the Term shall include any Extension Term for which an Extension Option is exercised under Section 3.2 below.
Initial Period. The initial Research License Period for a particular Research Antigen shall commence on the date that Medarex notifies Celldex that a particular Research Antigen is available for licensing by Celldex pursuant to Section 3.2 and shall expire twelve (12) months later.
Initial Period. For a fourteen (14) day period after a notice is given (Resolution Period) each Disputant must use all reasonable endeavours to resolve the Dispute.
Initial Period. The "Employment Period," shall be August 1, 1996 to July 31, 1998 ("Original Employment Period"), unless terminated or renewed pursuant to the terms of this Agreement.
