Term Contract Year Clause Samples

Term Contract Year. The initial term of this Agreement shall be seven (7) years commencing on the date hereof.
View Source
Term Contract Year. This Agreement shall commence with the date first written above and shall continue in full force and effect for a period of ten (10) years with an option to renew annually thereafter.
View Source
Term Contract Year. 1.1 This Agreement shall be effective as of March 29, 2005 ("Effective Date"), shall continue in full force and effect through and including December 31, 2007 (the "Initial Term"), and shall thereafter continue Contract Year to Contract Year thereafter until cancelled by either party upon the giving of at least one hundred eighty (180) days written notice, such cancellation to be effective only at the end of the Initial Term or at the end of any Contract Year thereafter.
View Source
Term Contract Year a. The Term of this Master Agreement shall continue until termination of all of the Agreement Modules. The term of each of Exhibit A and Exhibit B is hereby amended to continue to December 31, 2010, unless extended in accordance with the following two sentences, or unless otherwise extended or terminated in accordance with the terms of this Master Agreement. Universal shall have the right, at its sole option, to extend the Term of both of Exhibit A and Exhibit B by written notice to DW delivered on or after January 2, 2010 and prior to February 1, 2010 to (x) December 31, 2011, if Total Fees Payable (as defined below) to Universal are *** or (y) December 31, 2012 if Total Fees Payable after the Restatement Effective Date are ***. In addition, the Terms of each of Exhibit A and Exhibit B shall automatically be extended on any otherwise scheduled expiration date for a three-month period from such scheduled expiration date if, on any scheduled expiration date, all of the Preferred ***Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.
View Source
Term Contract Year a. The Term of this Master Agreement shall continue until termination of all of the Agreement Modules. The term of each of Exhibit A and Exhibit B is hereby amended to continue to December 31, 2010, unless extended in accordance with the following two sentences, or unless otherwise extended or terminated in accordance with the terms of this Master Agreement. Universal shall have the right, at its sole option, to extend the Term of both of Exhibit A and Exhibit B by written notice to DW delivered on or after January 2, 2010 and prior to February 1, 2010 to (x) December 31, 2011, if Total Fees Payable (as defined below)
View Source
Term Contract Year. The term of this Agreement shall commence on the Effective Date and end on December 31, 2035, unless renewed as provided in this paragraph (the “Term”). “Contract Year” shall mean each annual period commencing on January 1 and ending on December 31 during the Term. The first Contract Year will be calendar year 2020 and will be a partial year beginning on the Effective Date and ending on December 31, 2020. The final Contract Year shall end at the expiration of the Term. The Term shall be extended for one or more renewal term(s) (each a “Renewal Term”) of ten (10) years each unless either Party provides notice of intention not to renew to the other Party at least three (3) years prior to the end of the then current term, in which case this Agreement shall end at the end of such Term.
View Source
Term Contract Year 
View SourceView Similar (6)

Related to Term Contract Year

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

  • Term Contract Quarterly Sales Reports The Contractor shall submit Quarterly Sales Reports in the manner and format required by the Department 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). The Quarterly Sales Report template can be found here: Quarterly Sales Report Format / Vendor Resources / State Purchasing / Business Operations / Florida Department of Management Services - DMS (▇▇▇▇▇▇▇▇▇.▇▇▇). 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. Sales will be reviewed on a quarterly basis. If no sales are recorded in two consecutive quarters, the Contractor may be placed on probationary status, or the Department may terminate the Term Contract. Failure to provide the Quarterly Sales Report, or other reports requested by the Department, will result in the imposition of financial consequences and may result in the Contractor being found in default and the termination of the Term Contract.

  • Term Commencement Date For purposes of this Lease, the "Term Commencement Date" shall be defined as the earlier of (A) the first date on which Tenant occupies all or any part of the Premises for the conduct of business, or (B) fourteen (14) days after the date on which both of the following shall occur: (i) Landlord's Work shall be (or be deemed to be) substantially completed (notwithstanding the incompleteness of (x) so-called "punch list" items, (y) work to be undertaken by Landlord which does not materially impair Tenant's use of the Premises for the purposes allowed herein, and (z) finishes and exterior landscaping to the Property), and (ii) a certificate of occupancy has been (or is deemed to have been) issued with respect to the Premises (or the building inspector has (or is deemed to have) provided a verbal "sign off" on Landlord's Work and indicated that a certificate of occupancy will issue in due course). If Tenant (or any agent, employee or contractor of Tenant) causes any delay in the performance or substantial completion of Landlord's Work (including, without limitation, by failing to timely prepare the Construction Drawings), then Landlord's Work shall be deemed to have been substantially completed on the date that Landlord's Work would have been substantially completed but for such delay, and the certificate of occupancy for the Premises (or building inspector "sign off" as aforesaid) shall be deemed to have been issued (or provided) on the date it would have been issued (or provided) but for such delay. Landlord shall use reasonable efforts to substantially complete Landlord's Work by the date (as the same may be modified by Landlord at or prior to the time of its approval of the Construction Drawings as provided in the second paragraph of Section 10.22, the "Estimated Substantial Completion Date") which is ninety (90) days after Landlord's final approval of the Construction Drawings, but Tenant shall not have any claim against Landlord, and Landlord shall have no liability to Tenant, if Landlord's Work is not substantially completed by the Estimated Substantial Completion Date. Notwithstanding the foregoing, if Landlord fails to substantially complete Landlord's Work on or before the date which is sixty (60) days after the Estimated Substantial Completion Date due to Landlord's fault or neglect, then Tenant shall be entitled to a credit (offset) against Base Rent due and payable as of the Term Commencement Date in the amount of one (1) day of Base Rent for each day after the Estimated Substantial Completion Date that Landlord's Work shall not have been substantially completed.

  • Increment Date for Salary Grid Placement Upon achieving one (1) year of experience, an increment shall be awarded on the first of the month following the month in which the experience accumulation is earned.

  • Date Increment Due Increments shall accrue and become due and payable on the next day following completion of required service as an employee in the class, unless otherwise provided herein.