October of Each Year Clause Samples

The "October of Each Year" clause establishes a specific annual timeframe, typically in October, during which certain actions, reviews, or obligations must occur under the agreement. For example, this clause might require parties to submit annual reports, conduct performance evaluations, or review contract terms every October. By designating a consistent month each year, the clause ensures regularity and predictability in fulfilling recurring contractual duties, thereby promoting organization and timely compliance.
October of Each Year. For the month of October of each year, the insurance program will operate as follows: each eligible employee will be entitled, on a pro rata, FTE basis, to a maximum District contribution of the State allocation. The monthly District contribution will first be applied to coverage under District dental, vision and LTD plans, then to District medical insurance plans. Any shortfall will be covered by the employee.
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Related to October of Each Year

  • Payment of Earnings The Borrower undertakes with each Creditor Party to ensure that throughout the Security Period (subject only to provisions of the relevant General Assignment), all the Earnings of each Ship are paid to the Earnings Account for that Ship.

  • Month A period commencing at 10:00 a.m., Eastern Standard Time, on the first Day of a calendar month and extending until 10:00 a.m., Eastern Standard Time, on the first Day of the next succeeding calendar month. Monthly shall have the correlative meaning.

  • Contract Duration and Annual Salary 1. The College hereby employs the Administrator in the capacity of Assistant Controller, Associate Professor for one year, commencing on July 1, 2024 and terminating on June 30, 2025. The Administrator accepts such employment on the conditions hereinafter set forth, and any applicable provisions of the Board of Trustees Policy Manual. In the event of conflict between Board Policy and this Contract, the Contract shall govern. 2. For the 2024-2025 contract year, the Administrator shall receive an annual salary of $134,871.00 subject to applicable deductions, to be paid in bi-weekly installments as full compensation for all rights granted and service performed under this Contract.

  • Lease Year Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

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