First Operating Year definition

First Operating Year means the period from the Effective Date until the following 31st December;

First Operating Year means January 1, 2017 through and including September 30, 2017, unless this Agreement is terminated earlier.

First Operating Year means the period commencing on the Coal Production

Examples of First Operating Year in a sentence

• In the First Operating Year, the Contractor’s payments to the City for disposal costs shall be in the amount of Twenty-Five Thousand Dollars ($25,000) each Operating Month.

• By way of illustration only, if the First Operating Year commences on the day after the third anniversary of the Award Date, then the Per Movement Fee shall increase with effect from the commencement of the second Operating Year, the commencement of the seventh Operating Year, the commencement of the twelfth Operating Year and the commencement of the seventeenth Operating Year.

• Calculation of the Program Grant payable for Program Year 1 does not include the M/WBE Supply and Service Percentage because the M/WBE Supply and Service Commitment does not apply to the First Operating Year.

• On or before February 1 of the First Operating Year and of each year thereafter, Xxxxxxxxx must provide the Director with a report in a form reasonably acceptable to the City that lists all of the Development Property Users (by both legal and trade name) that conducted Sales on the Development Property in the previous calendar year (the "Annual Sales Entity Report").

• For each subsequent 365-day period (each an “Operating Year”), the Manager shall guarantee to the Authority the NOI Guarantee, which NOI Guarantee shall be increased annually after the First Operating Year and every Operating Year thereafter by two percent (2%).

More Definitions of First Operating Year

First Operating Year means May 1, 2023, through and including April 30, 2024, unless this Agreement is terminated earlier.

First Operating Year means the period commencing on 00:00 hrs of 1 January, 2021 and ending on 24:00 hrs of 31 March, 2021.

First Operating Year means the first full calendar year following the year in which the Xxxxx 0 Xxxxxxxxxx Xxxxxxxx occurs.

First Operating Year means the Operating Year commencing on the First Operations Date and ending on 31 December of the calendar year in which the First Operations Date occurs;

First Operating Year shall each mean the calendar year ending December 31, 2004. As of March 1, 2011, Tenant shall pay Landlord an Adjusted Minimum Rent as follows and Section 36 of the Lease shall be deemed amended accordingly: Tenant shall pay Landlord Tenant’s Occupancy Percentage of Taxes and Building Operating Costs for the Building over a “Tax and Operating Cost Expense Stop” of $1,037,390.40 ($9.15 multiplied by the gross rentable square footage of the Building, i.e. 113,376 square feet). The Taxes and Building Operating Costs shall be combined, and Tenant shall pay, as the Adjusted Minimum Rent, Tenant’s Occupancy Percentage that such combined sum of Taxes and Building Operating Costs for the Building exceeds the Tax and Operating Cost Expense Stop of $1,037,390.40 ($9.15 multiplied by the gross rentable square footage of the Building, i.e. 113,376 square feet). Such Adjusted Minimum Rent shall be paid by Tenant to Landlord in accordance with Section 36.5(1) of the Lease, mutatis mutandis.

First Operating Year means the calendar year ending December 31, 2022.

First Operating Year shall each mean the calendar year ending December 31, 2004. For purposes of calculating Adjusted Minimum Rent with respect to the Growth Space, the terms “First Tax Year” and “First Operating Year” shall not be amended hereby and shall continue to have their respective meanings as in effect prior to the date of this Agreement.