Example ContractsClausesBase Year
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Base Year. The Base Year with respect to the Expansion Space shall be calendar year 2015 for purposes of the payment by Tenant of Tenant’s Pro Rata Share of Operating Expenses.

Base Year EPS. The term “Base Year EPS” means the Company’s actual adjusted diluted earnings per share and is calculated as the Adjusted Net Income (modified for any applicable adjustments set forth in the Appendix) divided by the Adjusted Diluted WAS, each as determined for the most recent Company fiscal year ended prior to the beginning of the Measurement Period.

Fiscal Year. The fiscal year of the [[Organization A:Organization]] is the calendar year unless the following blank states otherwise: year ending September 30th.

Plan Year. The twelve consecutive month period commencing on January 1 of each year.

Performance Year Notwithstanding the foregoing, Executive’s annual bonus for the 2017 fiscal year shall be 75% of Executive’s Base Salary (ie, the target bonus), prorated for the time he is employed by the Company in the 2017 fiscal year

Tax Year. The fiscal and taxable year of the Company shall be the calendar year, unless otherwise required by the Code.

Plan Year.Plan Year” means a calendar year.

Fiscal Year. The fiscal year of each Borrower ends as of December 31 of each year.

Fiscal Year. The Company has a fiscal (or financial) year which is the twelve months ending on December 31 of each calendar year.

Base Salary. Executive’s annual rate of base salary shall be $600,000 (the “Base Salary”). The Company shall pay the Base Salary in periodic installments in accordance with its payroll practices. The Base Salary shall be reviewed at least annually by the Board, or a committee thereof, and may be increased (but not decreased).

Base Salary. Your annualized gross salary will be $170,000 ($7,083.33 bi-monthly gross). We are paid on the 15th and last day of the month.

Borrowing Base. The amount which Borrower is entitled to borrow from time to time under the line of credit shall be the then current loan value of collateral (the “Borrowing Base”) pledged to Lender to secure indebtedness owing to Lender by Borrower, provided that in no event is Lender to be required to make any advance which would cause the outstanding principal balance owing by Borrower at any one time to be in excess of $1,000,000.00. The Borrowing Base shall be redetermined monthly and shall be seventy-five percent (75%) of eligible accounts receivable arising out of Borrower’s United States operations pledged to the Lender. The term “eligible accounts receivable” shall mean all billed gross trade accounts receivable, less: # balances due sixty (60) days or more after the date of the original invoice therefor; # accounts owed by companies related to or affiliated with Borrower or its employees; # except for receivables from BASF SE, accounts owing by any one debtor which exceed twenty percent (20%) of the total billed gross accounts receivable; # all accounts owing by any particular debtor if 10% or more of such particular debtor’s accounts are ninety (90) days or more past due; and # accounts receivable which are disputed by the account debtor.

Base Compensation. Employee shall be paid a base salary on an annual basis equal to Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00), payable in accordance with Company’s customary payroll practices subject to the conditions and restrictions set forth in this Agreement. Employee's base salary in effect from time to time, exclusive of any other compensation under this Agreement, is hereinafter called the "Base Salary." Base Salary shall start upon Employee’s first date of reporting to work on behalf of Company, which date shall be the 1st day of September, 2017 (“Start Date”).

Base Rent. The Base Rent for the Premises will be abated as of the Commencement Date, and Tenant will pay rent for the Suite 500 Premises beginning on the Commencement Date.

Base Salary” means Executive’s annual gross base salary from the Company or a Subsidiary for the applicable fiscal year before any deductions, exclusions, deferrals, or contributions on a tax-qualified or non-tax-qualified basis under any plan or program of the Company or a Subsidiary, and excluding bonuses and incentive compensation. If Executive is employed for less than a complete fiscal year, Base Salary for the fiscal year shall be the annualized gross base salary (subject to the adjustments described in the preceding sentence) based on Executive’s highest base salary rate during such fiscal year. Base Salary shall be determined under this Section 1(e) in accordance with the personnel records and established practices and procedures of the Company.

Borrowing Base Certificate. The Borrowing Base Certificate most recently required to be delivered under the Original Credit Agreement.

Base Unit Rate. shall invoice on a per centimeter squared base unit rate equal to Two Hundred Dollars ($200.00 USD) per centimeter

Annual Base Salary. During the Term of Employment, the Company shall pay to Executive, in accordance with the Company’s Policies and practices in effect from time to time, an annual base salary (the “Annual Base Salary”) of:

Base Building Improvements. Landlord, at its cost, shall perform or cause to be performed the base building improvements described in [Schedule 1] attached hereto (the “Base Building Improvements”) in a good and professional manner and substantially in accordance with the plans and specifications listed on [Schedule 2] (the “Building Plans”) prepared by HOK (“Landlord’s Architect”).

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