Subsequent Financial Years Sample Clauses

Subsequent Financial Years. 18.2.1 When determining the Partners' Financial Contributions to the Pooled Fund in Financial Years subsequent to the First Financial Year (the "New Financial Year"), the Partners shall agree provisional Financial Contributions prior to the start of the New Financial Year taking into account the factors set out in Clause 18.2.2. For the avoidance of doubt, the Partners, through the Executive Bodies, shall confirm by 31 January prior to the start of the New Financial Year, each Partner's Financial Contribution taking into account the factors set out in Clause 18.2.2 and making any financial adjustments necessary where the final Financial Contribution differs from any provisional Financial Contribution agreed in accordance with Clause 18.2.3.
Sample 1
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Subsequent Financial Years. 15.1 When determining the Partners’ contributions to the Non-Pooled Funds and any Pooled Funds in financial years subsequent to 2004/05, it is the intention of the Partners, in normal circumstances, to apply the following principles:
Sample 1
Subsequent Financial Years. B: If after A, the HWBRP Levy payment is reduced by the inclusion of Herefordshire Council, the amount of that reduction is to be distributed as follows: • 50% to be allocated to Herefordshire Council. • 50% to be allocated to the other HWBRP members, excluding Herefordshire Council, and allocated as follows: • 20% to be allocated to Worcestershire County Council and Hereford & Worcester Fire Authority, in proportion to their Top-Up amounts. • The remaining 30% will be split amongst the district councils based on business rates growth. This will be achieved by splitting the remaining 30% in proportion to the actual levy payment of the district councils, had they acted individually. Net Retained Levy (pooling gain)
Sample 1

Related to Subsequent Financial Years

  • Financial Year Unless the Directors otherwise prescribe, the financial year of the Company shall end on 31st December in each year and, following the year of incorporation, shall begin on 1st January in each year.

  • Fiscal Year; Taxable Year The fiscal year and the taxable year of the Company is the calendar year.

  • Fiscal Year The fiscal year of the Partnership shall be the calendar year.

  • Accounting Period The Company’s accounting period shall be the calendar year.

  • Annual Financial Statements Within 90 days after the end of each Fiscal Year, commencing with the Fiscal Year ending December 31, 2011, (i) the consolidated balance sheets of Borrower and its Subsidiaries as at the end of such Fiscal Year and the related consolidated statements of income, stockholders’ equity and cash flows of Borrower and its Subsidiaries for such Fiscal Year, setting forth in each case in comparative form the corresponding figures for the previous Fiscal Year commencing with the first Fiscal Year for which such corresponding figures are available, all in reasonable detail, together with a Financial Officer Certification and a Narrative Report with respect thereto; and (ii) with respect to such consolidated financial statements a report thereon by an independent certified public accountant (or accountants) of recognized national standing selected by Borrower, and reasonably satisfactory to Administrative Agent (which report and/or the accompanying financial statements shall be unqualified as to going concern and scope of audit, and shall state that such consolidated financial statements fairly present, in all material respects, the consolidated financial position of Borrower and its Subsidiaries as at the dates indicated and the results of their operations and their cash flows for the periods indicated in conformity with GAAP applied on a basis consistent with prior years (except as otherwise disclosed in such financial statements) and that the examination by such accountants in connection with such consolidated financial statements has been made in accordance with generally accepted auditing standards) together with a written statement by such independent certified public accountants stating (1) that their audit examination has included a review of the terms of Section 6.7 of this Agreement and the related definitions, (2) whether, in connection therewith, any condition or event that constitutes a Default or an Event of Default under Section 6.7 has come to their attention and, if such a condition or event has come to their attention, specifying the nature and period of existence thereof, and (3) that nothing has come to their attention that causes them to believe that the information contained in any Compliance Certificate is not correct or that the matters set forth in such Compliance Certificate are not stated in accordance with the terms hereof (which statement may be limited to the extent required by accounting rules or guidelines);

  • Quarterly Financial Statements As soon as available and in any event within 5 days after the date on which such financial statements are required to be filed with the SEC (after giving effect to any permitted extensions) with respect to each of the first three quarterly accounting periods in each fiscal year of the Borrower (or, if such financial statements are not required to be filed with the SEC, on or before the date that is 45 days after the end of each such quarterly accounting period), the consolidated balance sheets of the Borrower and the Subsidiaries and, if different, the Borrower and the Restricted Subsidiaries, in each case as at the end of such quarterly period and the related consolidated statements of operations for such quarterly accounting period and for the elapsed portion of the fiscal year ended with the last day of such quarterly period, and the related consolidated statement of cash flows for such quarterly accounting period and for the elapsed portion of the fiscal year ended with the last day of such quarterly period, and setting forth comparative consolidated figures for the related periods in the prior fiscal year or, in the case of such consolidated balance sheet, for the last day of the prior fiscal year (or, in lieu of such unaudited financial statements of the Borrower and the Restricted Subsidiaries, a detailed reconciliation reflecting such financial information for the Borrower and the Restricted Subsidiaries, on the one hand, and the Borrower and the Subsidiaries, on the other hand), all of which shall be certified by an Authorized Officer of the Borrower as fairly presenting in all material respects the financial condition, results of operations, stockholders’ equity and cash flows of the Borrower and its Subsidiaries in accordance with GAAP, subject to changes resulting from audit and normal year end audit adjustments.

  • Interim Period Upon signing the peace agreement, Abyei will be accorded special administrative status, in which:

  • Beginning Date Both parties agree that negotiations for a new contract shall commence no later than 30 days after ratification of the current collective bargaining agreement in a good faith effort to reach a contract. The Association agrees to give the Board notice of intent to negotiate a contract a minimum of sixty (60) days prior to the expiration of the contract in force at the time and also notify Public Employees Relations Commission in writing of this intent.

  • quarters At the end of each quarter, the Employer may payout any unused overtime down to seventy-five (75) hours.

  • Calendar Year Calendar Year" for the purposes of this Agreement shall mean the twelve (12) month period from January 1st to December 31st, inclusive.

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