Agreement Year definition

Agreement Year means the period of twelve months beginning on the last date of execution of this Agreement or any anniversary thereof;
Agreement Year means each twelve (12) month period of the term of this Agreement beginning on the first day of the calendar year except for the “First Agreement Year” which shall mean the period commencing on the Effective Date and ending on December 31, 2003.
Agreement Year means a period of 12 months beginning on the Effective Date and each subsequent anniversary thereof.

Examples of Agreement Year in a sentence

  • If actual adjusted claims costs total less than expected during the Agreement Year, the Plan Sponsor may be eligible to receive a distribution of excess funds.

  • To determine the amount of any excess funds for a given Agreement Year, the Company will reconcile the sum of the monthly claims funding and the actual adjusted claims that were incurred and paid during the Agreement Year, and deduct any amounts due to the Company from Plan Sponsor for late fees or other payments (“Excess Funds”).

  • The Company will generally determine any Excess Funds approximately 180 days after the end of the applicable Agreement Year.


More Definitions of Agreement Year

Agreement Year means such period as the parties may from time to time determine; provided the first Agreement Year under this Agreement shall be the period from March 1, 2005 through February 28, 2006.
Agreement Year means a period of twelve (12) consecutive months commencing on each consecutive anniversary of the Effective Date and ending as of the end of the day preceding the next anniversary of the Effective Date, except for the first Agreement Year which shall start on the Effective Date.
Agreement Year means twelve (12) consecutive calendar months falling between two (2) anniversary dates.
Agreement Year means the twelve consecutive months commencing each June1st through May 31st. The first Agreement Year under this Agreement shall be defined as the period from June 1, 2004 through May 31, 2005.
Agreement Year means any partial or whole calendar year, commencing with the Effective Date hereof, or any such subsequent period during the continuance of this Agreement.
Agreement Year means such period as the parties may from time to time determine; provided the first Agreement Year under this Agreement shall be the period from June 1, 2003 through May 31, 2004.
Agreement Year means the twelve consecutive months commencing each January 1st through December 31st. The first Agreement Year under this Agreement shall be the period from March 1, 2002 through February 28, 2003. The second Agreement Year under this Exhibit shall be the period from March 1, 2003 to December 31, 2003.