Measuring Periods Sample Clauses

Measuring Periods. If the end of any time period herein, or if any specified date, falls on a weekend or national or state holiday, then the end of such time period, or such date, as the case may be, shall be extended to the next business day thereafter.
Measuring Periods. Each Measuring Period shall be a 12 month period, with the first Measuring Period commencing on August 1, 1999 (the "First Ticket Date") and ending on the first anniversary of such date. Subsequent Measuring Periods will expire on the second, third, fourth and fifth anniversary of the First Ticket Date, respectively; provided that the last Measuring Period will expire on the fifth anniversary of the Issue Date."
Measuring Periods. Clauses (A), (B) and (C) of Section 2(d)(ii) of the Employment Agreement are hereby deleted in their entirety and the following substituted in lieu thereof: (A) Tranche 1 shall vest on the first anniversary of the Employment Date if the growth in EBITDA (as defined on Schedule 2(d)(ii)) for the Tranche 1 Measuring Period (as defined on Schedule 2(d)(ii)) exceeds 10%. If Tranche 1 has not vested on the first anniversary of the Employment Date, it shall vest on the second anniversary of the Employment Date if EBITDA for the 2008 calendar year of LLC exceeds by at least 20% EBITDA for the fiscal year of Reis ending October 31, 2006. If Tranche 1 has not vested on the first or second anniversary of the Employment Date, it shall vest on the third anniversary of the Employment Date if EBITDA for the 2009 calendar year of LLC exceeds by at least 30% EBITDA for the fiscal year of Reis ending October 31, 2006. (B) Tranche 2 ▇▇▇▇l vest on the second anniversary of the Employment Date if either (1) the growth in EBITDA for the Tranche 2 Measuring Period exceeds 10% or (2) EBITDA for the 2008 calendar year of LLC exceeds by at least 20% EBITDA for the fiscal year of Reis ending October 31, 2006. If Tranche 2 has not vested on the second anniversary of the Employment Date, it shall vest on the third anniversary of the Employment Date if either (x) EBITDA for the 2009 calendar year of LLC exceeds by at least 20% EBITDA for the 2007 calendar year of LLC or (y) EBITDA for the 2009 calendar year of LLC exceeds by at least 30% EBITDA for the fiscal year of Reis ending October 31, 2006. (C) ▇▇anche 3 shall vest on the third anniversary of the Employment Date if either (1) the growth in EBITDA for the Tranche 3 Measuring Period exceeds 10% or (2) EBITDA for the 2009 calendar year of LLC exceeds by at least 30% EBITDA for the fiscal year of Reis ending October 31, 2006."
Measuring Periods. Each Measuring Period shall be a 12 month period, with the first Measuring Period commencing on the date the Warrant Holder first provides tickets for sale by the Company (the "First Ticket Date") and ending on the first anniversary of such date. Subsequent Measuring Periods will expire on the second, third, fourth and fifth anniversary of the First Ticket Date, respectively; provided that the last Measuring Period will expire on the fifth anniversary of the Issue Date.

Related to Measuring Periods

  • Limitation Periods To the extent that any limitation period applies to any claim for payment of the Obligations or remedy for enforcement of the Obligations, the Obligor agrees that: (a) any limitation period is expressly excluded and waived entirely if permitted by applicable law; (b) if a complete exclusion and waiver of any limitation period is not permitted by applicable law, any limitation period is extended to the maximum length permitted by applicable law; (c) any applicable limitation period shall not begin before an express demand for payment of the Obligations is made in writing by the Credit Union to the Obligor; and (d) any applicable limitation period shall begin afresh upon any payment or other acknowledgment of the Obligations by the Obligor.

  • Waiting Periods All applicable waiting periods, if any, under the HSR Act shall have expired or been terminated.

  • Retention Periods Documentation which serves as evidence of orderly and proper data processing must be retained by ATOSS in accordance with the applicable statutory retention periods beyond the end of the contract. To relieve itself of this obligation, ATOSS may turn said documentation over to the Customer at the end of the contract.

  • Break Periods The parties agree that the paid rest period contemplated by Article 16(e) shall be taken during times that will not interfere with the operation of the Strong Start Centre.

  • Meal Periods (a) Meal periods shall be scheduled as close as possible to the middle of the scheduled hours of work. The length of the meal period shall be agreed to at the local level and shall be not less than 30 minutes nor more than 60 minutes. (b) An employee shall be entitled to take their meal period away from the workstation. Where this cannot be done, the meal period shall be considered as time worked.