Subsequent Fiscal Year 2 Sample Clauses

Subsequent Fiscal Year 2. 2.1 Subject to the terms and conditions of this Agreement, in each Subsequent Fiscal Year, DIAND shall transfer the amount calculated according to the formula set out in Schedule "DIAND‐1B". (Annex 1A BLOCK funding provisions) 1.0 Subject to this Agreement, DIAND will transfer Block Contribution funding (BLOCK) as follows: (a) up to $xxx,xxx for the initial fiscal year of this Agreement; and (b) up to a maximum amount calculated according to the BLOCK adjustment formula set out in this Annex 1A for each subsequent fiscal year of this Agreement. 2.3 Procedure for Adjustment or Termination of Block Funding for a Program, Service or Activity 2.3.1 To terminate or adjust the amount of DIAND Block Contribution Funding for a program, service or activity for which funding is provided under this Schedule following a modification or cancellation of a DIAND funding authority under section 3.2 (Funding Subject to Appropriations and Departmental Funding Authorities) in the main body of this Agreement, DIAND must notify the Council no later than one (1) year in advance of the first day of the Fiscal Year in which the adjustment or termination of funding will take effect. This notice must: 1. specify the program, service or activity for which funding is provided under this Schedule in respect of which that funding will be adjusted or terminated; 2. identify the Fiscal Year during and after which that funding will be adjusted or terminated; and 3. include a revised Schedule "FED‐1" and a revised Schedule "DIAND‐1B" reflecting the adjustment or termination of funding for that program, service or activity for which funding is provided under this Schedule that will replace the previous (Annex 1A BLOCK funding provisions) 3.3 DIAND may change or terminate funding: (a) … (b) identified in the Annexes as “Block” or “Grant” by notice one year before the start of the next fiscal year where the program on which funding is based is changed or terminated by Treasury Board or DIAND; and Simplification
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Related to Subsequent Fiscal Year 2

  • 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.

  • Fiscal Year; Accounting The Company's fiscal year shall be the calendar year with an ending month of December.

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

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

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

  • Carry Forward to a Subsequent Year If you do not withdraw the excess contribution, you may carry forward the contribution for a subsequent tax year. To do so, you under-contribute for that tax year and carry the excess contribution amount forward to that year on your tax return. The six percent excess contribution penalty tax will be imposed on the excess amount for each year that it remains as an excess contribution at the end of the year. You must file IRS Form 5329 along with your income tax return to report and remit any additional taxes to the IRS.

  • Billing Period The calendar month shall be the standard period for all charges and payments under this Agreement. On or before the fifteenth (15th) day following the end of each month, Seller shall render to Buyer an invoice for the payment obligations incurred hereunder during the preceding month, based on the Energy Delivered in the preceding month, and any RECs deposited in Buyer’s GIS account or a GIS account designated by Buyer to Seller in writing in the preceding month. Such invoice shall contain supporting detail for all charges reflected on the invoice, and Seller shall provide Buyer with additional supporting documentation and information as Buyer may request.

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

  • Second Year Wage Adjustment Effective July 1, 2020, all salary ranges and rates shall be increased by two and one-half percent (2.50%), rounded to the nearest cent. Salary increases provided by this Section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grids for classes covered by this Agreement are contained in Appendix E-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

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