Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.
Term Year means each annual period beginning on the Effective Date (as defined in Section 9 hereof) or anniversary thereof, and ending on the day prior to the anniversary of the Effective Date.
Term Year means a twelve (12) month period beginning on the first day of the calendar month following Initial Operation and each successive twelve (12) month period thereafter.
Examples of Term Year in a sentence
Such certification must include all data relied on to support the revised Expected Term Year Energy Production.
Buyer shall test and recalibrate the Check Meter at least once every Term Year.
The Performance Assurance Amount will be revised upon any change to the Expected Term Year Energy Production.
At the end of each Term Year following the first Term Year, up to a maximum of 50 unused hours may be carried over to the following Term Year.
For each of the Term Years after the first Term Year, the total Maintenance Debit Value for Maintenance Outages may not exceed 550 hours plus hours carried over from prior Term Years; provided, however, that such Maintenance Debit Value may not exceed 600 hours in any Term Year.
More Definitions of Term Year
Term Year means a twelve (12) month period beginning on Initial Delivery Date and each successive twelve (12) month period thereafter.
Term Year means a twelve (12) month period beginning on the first day of the calendar month following the Term Start Date and each successive twelve (12) month period thereafter.
Term Year wherever used herein earlier means financial year.
Term Year means any calendar year during the Term of this Agreement beginning January 1 and ending December 31, except that the first Term Year shall mean the period beginning on the Effective Date of this Agreement and ending on December 31 of the next calendar year.
Term Year means a twelve (12) month period beginning on the Commercial Operation Date and each successive twelve (12) month period thereafter.
Term Year means each one (1) year period commencing from the first day of the calendar month immediately after the Effective Date.
Term Year means (i) if the Closing Date occurs on the first day of a calendar month, the 12-month period beginning on the Closing Date or (ii) if the Closing Date does not occur on the first day of a calendar month, the period from the Closing Date through the 12-month anniversary of the end of the calendar month in which the Closing Date occurred and, in either case of clause (i) or (ii), each succeeding 12-month period and in any case ending on the End Date.