Annual Date definition

Annual Date. Each annual date on which the Borrower is required to pay the Letter of Credit Fee to the Bank pursuant to Section 2.3(a).
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Annual Date means the first day on which the Common Stock is traded on the American Stock Exchange (or the Company's principal securities exchange or over-the-counter if the Common Stock is no longer traded on the American Stock Exchange) in July of each year.
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Annual Date shall refer to whichever of the following two days is closer in time to the Closing date: (a) the first day of the first month of the calendar quarter in which Closing occurs, or (b) the day following the last day of the third month of the calendar quarter in which Closing occurs. Each Earn-out Period listed on Exhibit D shall consist of the 12-month period immediately preceding the Annual Date of the year referenced in the first column on Exhibit D. For purposes of the formula set forth on Exhibit D, "Gross Revenues" for any given Earn-out Period consist of the sums accrued by Company and Subsidiary (as defined in Section 3.1) during such Earn-out Period representing payments due from customers in consideration of goods and services provided to such customers by Company and Subsidiary, as calculated in a manner consistent with the Company's audited financial statements for the period ending December 31, 2000 and attached hereto as Exhibit E and incorporated herein by reference; provided, however, that such Gross Revenues shall specifically (i) include revenues in respect of the Company or Subsidiary's (x) providing services to the Buyer's proprietary Scout Funds as listed on Exhibit F attached hereto; (y) fund accounting servicing of transferred Buyer portfolios as listed on Exhibit F attached hereto; and (z) any "Related UMB Revenue" (as defined below); and shall (i) exclude all reimbursements representing advances or expense reimbursements (including reimbursement for filing fees, printing, professional fees, etc.) due or received by Company or Subsidiary from customers and all other sums described as "Client Distribution Revenue" in Company's unaudited internal operating statements (a copy of which relating to the month of January, 2001 being attached hereto as Exhibit G and incorporated herein by reference), and (ii) be reduced, by the amount of any receivables that were previously included in the gross revenues of the Company and/or Subsidiary but were written off or otherwise determined to be uncollectable during the respective Earn-out Period ("Write-Offs"), all as determined in a manner consistent with generally accepted accounting principles ("GAAP"). Sellers agree and acknowledge that Buyer, as the owner of the Company, will have the right to accept or reject any business proposed to be conducted by the Company and to modify any pricing structures of the Company; provided, that such right of acceptance or rejection and right to modify shall be e...
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Examples of Annual Date in a sentence

  • The Purchase Price deliverable upon the exercise of an Option shall equal 100% of the Fair Market Value on the last business day preceding the Annual Date of Grant.

  • You may borrow no more than: § the Cash Surrender Value; minus § loan interest on Policy Loan Balance including the requested loan to the next Annual Date; minus § the sum of the next three Monthly Deductions.

  • At any time after the Policy is issued, you may borrow no more than the Cash Surrender Value, minus loan interest on Policy Debt including the requested loan to the next Annual Date, minus the next three monthly deductions.

  • Each Earn-out Period listed on Exhibit D shall consist of the 12-month period immediately preceding the Annual Date of the year referenced in the first column on Exhibit D.

  • The Borrower may, by written request to the Bank not less than 60 and not more than 90 days prior to the Current Termination Date, request that the Revolving Credit Termination Date be extended to the Annual Date next subsequent to such Current Termination Date.

  • Annual Grants shall be made annually on the ------------- Effective Date and each anniversary thereof (the "Annual Date of Grant") commencing as of April 1, 1995, provided that if such date in any year is a date on which the national securities exchange or automated quotation system on which the Common Stock is traded is not open for trading, the grant shall be made on the first day thereafter on which the relevant exchange or quotation system is open for trading.

  • Subject to the provisions of Section 1(f) hereof, pay to the Sellers in five (5) annual installments (commencing one (1) year from the first Annual Date (as defined below)), cash (the "Earn-Out Payments") in accordance with the earnout formula set forth in Exhibit D attached hereto and incorporated herein by reference.

  • For purposes of this subsection (c), the term "Annual Date" shall refer to whichever of the following two days is closer in time to the Closing date: (a) the first day of the first month of the calendar quarter in which Closing occurs, or (b) the day following the last day of the third month of the calendar quarter in which Closing occurs.

  • Becker, Jr. Title: Executive Vice President, Treasurer, and Chief Financial Officer EXHIBIT 1 TO PARTICIPATION AGREEMENT National Dentex Corporation Supplemental Executive Retirement Plan VI ----------------------------------------- Benefits Provided: Vesting Schedule Participant Date of Birth Retirement Benefit* ---------------- ----------- ------------- ------------------- Monthly Annual Date Percentage ------- ------ ---- ---------- David L.

  • If the Company requests a LIBOR Advance and the Drawdown Date is not a Semi Annual Date, the Company in its Request for Financing shall either request that (I) the Creditor make a Prime Advance on the Drawdown Date and convert such Prime Advance into a LIBOR Advance on the next Semi Annual Date or (II) the Creditor make a LIBOR Advance on the Drawdown Date.


More Definitions of Annual Date

Annual Date means, during the first 365 days of the term of this ------------ Agreement, the date which is 364 days from and after the Closing Date, and thereafter, means the anniversary of such date in each succeeding year.
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Annual Date means October 31, 1999 and each October 31 thereafter.
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Annual Date means September 1 in each year.
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Related to Annual Date

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

  • Year means a calendar year.

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Anniversary Date means each anniversary of the Closing Date.

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing November 29, 2002.

  • Semi-Annual Period means each of: the period beginning on and including January 1 and ending on and including June 30; and the period beginning on and including July 1 and ending on and including December 31.

  • Semi-Annual Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions--Semi-Annual Distributions" in the Prospectus Part I for a Trust.

  • Bonus Period means the period for which a Bonus is payable. Unless otherwise specified by the Board, the Bonus Period shall be the fiscal year of the Company.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Renewal Date means the effective date of Renewal. The first Renewal Date shall be the date as specified in the Policy Schedule (which shall not be later than the first anniversary of the Policy Effective Date) and the subsequent Renewal Date(s) shall be the anniversary(ies) of the first Renewal Date. The relevant Renewal Date shall be specified in the notification of Renewal in accordance with Section 3 of Part 4.

  • Election Date has the meaning specified in Section 3.12(h).

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Anniversary Year The one-year period beginning on the Closing Date and ending on the first anniversary thereof, and each subsequent one-year period beginning on the day after the end of the preceding Anniversary Year and ending on next succeeding anniversary of the Closing Date.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Quarterly Floating Rate Period means the period from and including a Quarterly Commencement Date to but excluding the next succeeding Quarterly Commencement Date.

  • Current Fiscal Year means the fiscal year for which a particular calculation is made.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Start Date for Term Calculation Purposes Only: Regardless of actual award/effective date of Contract, for Agreement “term” calculation purposes only, the Agreement “start date” is the last day of the month that Award Notifications are anticipated as published in the Solicitation. Example: If the anticipated award date published in the Solicitation is August 27, 2020 but extended negotiations delay award until September 24, 2020 the end date of the resulting initial “two-year” term Agreement, (which is subject to an extension(s)) will still be August 31, 2022 in this example

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.