Calendar Year 2015 Clause Samples

Calendar Year 2015. Tenant shall be obligated to spend the remaining balance, if any, in connection with Tenant’s Capital Expenditures obligation for the three (3) year rolling average for 2012, 2013 and 2014 (collectively, the “2014 Deficit”), plus Three Million Dollars ($3,000,000), in Capital Expenditures during calendar year 2015, which Capital Expenditures shall include (i) infrastructure and equipment Capital Expenditures for the Hospitals and (ii) the construction project costs incurred by Tenant with respect to the ▇▇. ▇▇▇▇▇▇ ▇. Garcia – Memorial Family Health Center leasehold Improvements incurred by Tenant during calendar year 2015. The costs of maintaining the green space, i.e., the unimproved lawn areas, at the Main Campus shall be credited against ▇▇▇▇▇▇’s Three Million Dollar ($3,000,000) Capital Expenditures requirement for 2015. Any deficiency in Tenant’s Capital Expenditures obligation for the 2014 Deficit and Three Million Dollars ($3,000,000) in Capital Expenditures and green space maintenance costs during calendar year 2015 shall be added to Tenant’s capital expenditure obligation for calendar year 2016 (collectively, the “2015 Deficit”).
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Calendar Year 2015. Subject to Section 8.1.4 below, during calendar year 2015, CLIENT’s spending commitments will be (i) amounts under this Agreement with respect to activities for Singapore, in aggregate, totaling at least [***], and (ii) aggregate total amounts spent under this Agreement (including without limitation amounts spent with respect to activities for Singapore described in (i), above) totaling at least [***]; and
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Related to Calendar Year 2015

  • Calendar Year Calendar Year" for the purposes of this Agreement shall mean the twelve (12) month period from January 1st to December 31st, inclusive.

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution. (b) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall also be subject to adjustment pursuant to Section 6.9.

  • Calendar Quarter January through March, April through June, July through September, or October through December.

  • Contract Quarterly Sales Reports The Contractor shall submit complete Quarterly Sales Reports to the Department’s Contract Manager within 30 calendar days after the close of each State fiscal quarter (the State’s fiscal quarters close on September 30, December 31, March 31, and June 30). Reports must be submitted in MS Excel using the DMS Quarterly Sales Report Format, which can be accessed at ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/business_operations/ state_purchasing/vendor_resources/quarterly_sales_report_format. Initiation and submission of the most recent version of the Quarterly Sales Report posted on the DMS website is the responsibility of the Contractor without prompting or notification from the Department’s Contract Manager. If no orders are received during the quarter, the Contractor must email the DMS Contract Manager confirming there was no activity.