Triennial Period definition

Triennial Period. Each period of three (3) full Fiscal Years during the Term.
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Triennial Period means the period of 3 years between each triennial tariff review;
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Triennial Period. Each period of three (3) full Fiscal Years during the Term. “Triennial Test Period”: With respect to any Person, for any date of determination, the period of the twelve (12) most recently ended consecutive Fiscal Quarters of such Person for which Financial Statements are available. “Trigger Date”: As defined on Schedule 8. “Unavoidable Delay”: Delays due to strikes, lockouts, inability to procure materials, power failure, acts of God, governmental restrictions, enemy action, civil commotion, fire, unavoidable casualty or other causes beyond the reasonable control of the Party responsible for performing an obligation hereunder; provided, that lack of funds, in and of itself, shall not be deemed a cause beyond the reasonable control of a Party. “Unsuitable for Its Primary Intended Use”: A state or condition of the Leased Property such that by reason of a Partial Taking the Leased Property cannot, following restoration thereof (to the extent commercially practical), be operated on a commercially practicable basis for the Primary Intended Use for which it was primarily being used immediately preceding the taking, taking into account, among other relevant economic factors, the amount of square footage and the estimated revenue affected by such Partial Taking. “Variable Rent”: The Variable Rent component of Rent, as defined in more detail in clauses (b) and (c) of the definition of “Rent.” “Variable Rent Base Amount”: As defined in clause (b)(ii)(A) of the definition of “Rent.” “Variable Rent Determination Period”: Each of (i) the three (3) consecutive Fiscal Periods that ended immediately prior to the commencement of the (3rd) Lease Year, and (ii) the three (3) consecutive Fiscal Periods in each case that end immediately prior to the commencement of the eighth (8th) Lease Year, the eleventh (11th) Lease Year, and the first (1st) Lease Year of each Renewal Term. “Variable Rent Payment Period”: Collectively or individually, each of the First Variable Rent Period, the Second Variable Rent Period and each of the Renewal Term Variable Rent Periods. “Variable Rent Statement”: As defined in Section 3.2(a). 49 “Work”: Any and all work in the nature of construction, restoration, alteration, modification, addition, improvement or demolition in connection with the performance of any Alterations and/or any Capital Improvements. “Year 8 Decrease”: As defined in clause (b)(ii)(A) of the definition of “Rent.” “Year 8 Increase”: As defined in clause (b)(ii)(A) of the definitio...
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Examples of Triennial Period in a sentence

  • During each full Triennial Period during the Term, commencing upon the first (1st) full Triennial Period during the Term, measured as of the last day of each such Triennial Period, on a collective basis for CEOC and its subsidiaries, Tenant and Other Tenants shall expend Capital Expenditures and Other Capital Expenditures in an aggregate amount equal to no less than the Triennial Minimum Cap Ex Amount A (the “Triennial Minimum Cap Ex Requirement A”).

  • Each Outside Director upon his or her re-election at the first meeting of the stockholders to elect Directors following the expiration of the Triennial Period shall be granted an NQSO to purchase 15,000 Shares.

  • Further, the term "Triennial Period" shall mean, in respect of any Outside Director, the three year period beginning on the date of the last grant of Options to such Outside Director under Section 6.1(b), and ending three calendar years thereafter.

  • On the 1997 Triennial Period Commencement Date, each Director who is then a member of a Board Committee shall be granted an Option to purchase 9,000 shares of Common Stock (Nonvoting) for service on each Board Committee on which he or she is a member.

  • On each Triennial Period Commencement Date (other than the Effective Date), each Director who is then a member of a Board Committee shall be granted an Option to purchase 9,000 shares of Common Stock (Nonvoting) for service on each Board Committee on which he or she is a member.

  • With respect to all awards granted on or after the second Triennial Period Commencement Date, subject to the provisions of Article VII and IX and Section 8.02, Options to purchase 1,500 shares of Common Stock (Nonvoting) shall become fully exercisable on the date of attendance, in person, at each Regular Board Meeting or Regularly Scheduled Committee Meeting, as applicable, held prior to the Triennial Completion Date for the period covered by the award.

  • Each person who becomes a member of a specific Board Committee for the first time after July 25, 1995 but prior to February 24, 2000 (other than on the 1997 Triennial Period Commencement Date), shall be granted an Option to purchase a number of shares of Common Stock (Nonvoting) equal to 9,000 minus 1,500 multiplied by the number of complete 180 day periods from the Triennial Period Commencement Date immediately preceding the Date of Grant of such Option until the Date of Grant.

  • All Options granted pursuant to Sections 5.01(b)-(d) shall serve as the Director's compensation for attendance at Regular Board Meetings during the period from and including his or her election as a Director until the earlier to occur of: (i) his or her Completion of Service; or (ii) the 1994 Triennial Period Completion Date, the 1997 Triennial Period Completion Date, or the Quinquennial Period Completion Date for the period covered by the award, as applicable.

  • Each person who becomes a member of a specific Board Committee for the first time after July 25, 1995 (other than on a Triennial Period Commencement Date), shall be granted an Option to purchase a number of shares of Common Stock (Nonvoting) equal to 9,000 minus 1,500 multiplied by the number of complete 180 day periods from the Triennial Period Commencement Date immediately preceding the Date of Grant of such Option until the Date of Grant.

  • Further, the term "Triennial Period" shall mean, in respect of any Outside Director, the three (3) year period beginning on the date of the last grant of Options to such Outside Director under Section 6.1(b), and ending three (3) calendar years thereafter.


More Definitions of Triennial Period

Triennial Period means the three calendar years directly preceding the making of the annual compliance declaration;
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Triennial Period means a period of three calendar years beginning on March 1 and ending on the last day of February three years later for the purpose of calculating continuing education units earned by a licensee of the department.
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Related to Triennial Period

  • Trial Period means a working test period after promotion, voluntary demotion, or intra-agency lateral transfer during which a classified employee is required to demonstrate satisfactory performance in the job to which promoted, voluntarily demoted, or transferred before acquiring permanent status in the job.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Financial Period means a period for which a profit and loss account of a company is made up in accordance with this Law;

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • 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.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Assessment Period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • 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.

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on September 20, 2018 and ending on and including December 19, 2018, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Year means a calendar year.

  • Pre-Deconsolidation Period means any taxable period beginning on or prior to the applicable Deconsolidation Date.

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • Index year means the earliest calendar year in which the

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Rating period means the calendar period for which premium rates established by a small employer carrier are assumed to be in effect.

  • Subsequent Rate Period means, with respect to any Series of RVMTP Shares, the period consisting of seven calendar days, but adjusted in each case to reflect any changes when the regular calendar day that is a Rate Determination Date is not a Business Day, from, and including, the first calendar day following the Initial Rate Period of such Series to, and including, the next Rate Determination Date for such Series and any period thereafter from, and including, the first calendar day following a Rate Determination Date for shares of such Series to, and including, the next succeeding Rate Determination Date for shares of such Series.

  • Initial Rate Period means, with respect to the VMTP Shares of any Series, the period commencing on and including the Date of Original Issue thereof and ending on, and including, the next succeeding calendar day that is a Wednesday (or if such Wednesday is not a Business Day, the next succeeding Business Day).

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

  • Operational Period means a period starting with the date and time a Certificate is issued (or on a later date and time certain if stated in the Certificate) and ending with a date and time at which the Certificate expires or is earlier revoked.