Annual Determination Date definition

Annual Determination Date means the Payment Determination Date in the month of February.
Annual Determination Date has the meaning specified in Section 4.3(a).
Annual Determination Date means the Payment Determination Date in the month of October.

Examples of Annual Determination Date in a sentence

  • Subject to Sections 1(b) and (c) below, Participant must not have experienced a Termination of Service prior to the applicable Annual Determination Date in order to be eligible for vesting pursuant to this Section 1(a) on the applicable Annual Determination Date.

  • The Issuer will be required to deliver, or to cause the Manager to deliver, to the Indenture Trustee, the Back-up Manager and each Rating Agency on each Annual Determination Date an Officer's Certificate certifying the Midstream Asset Value.

  • Subject to Sections 1(b) and (c) below, such number of PSUs shall vest on each Annual Determination Date (as defined below) based on the Company’s Annual Revenue Growth Rate (as defined below) during the applicable Annual Performance Period (as defined below) as is determined by multiplying (i) the number of PSUs set forth in the Grant Notice, by (ii) 25%, by (iii) the Revenue Growth Achievement Percentage (as determined in the chart below).

  • At least as frequently as each Annual Determination Date, the Committee (or its designee) shall furnish each Member with a valuation notice which includes the amounts credited to the Member’s Accounts and the earnings, gains or losses allocated to such Accounts since the immediately preceding Determination Date.

  • To the extent of an additional 83,334 Common Shares on or after the Annual Determination Date and on or before December 31, 2002 only in the event that the Company's Revenues equalled or exceeded $2,493,750 for the fiscal year 2000.

  • If the Savings Surplus Election is made, the SLLPI Loan Reduction Profit Amount is, broadly, the lower of (a) the balance on the Savings Cashflow Tracking Account (as reduced by the amount of the Savings Spread and balance on the Missed Spread Account on such Annual Determination Date) and (b) the balance on the Deficit Account.

  • To the extent that partial repayment of the IL Loan is required in the Pre-Amortisation Period, such amount will be payable only to the extent that there is sufficient Annual Recourse Insurance Cashflow Amount arising in the Accounting Period ending immediately prior to the relevant Annual Determination Date and such calculation shall be made after deducting the amount used to cover Insurance Spread in that period or any prior period to the extent not paid out under the SLLPI.

  • If Xxxxxx Xxx or the Loan Servicer is not able to or does not perform the PRF Test on any Annual Determination Date because any Borrower failed to provide financial statements and other information on a timely basis in accordance with the terms of such Section 2.2(4), then a PRF Triggering Event shall be deemed to have occurred and Xxxxxx Mae shall have the absolute right, in its discretion, to apply the funds in each Principal Reserve Funds in accordance with Section 8.2(2).

  • Certificates representing shares of Common Stock issued under this Article V shall be issued at least as frequently as each Annual Determination Date.

  • At least as frequently as each Annual Determination Date, the Committee shall furnish each Participant with a valuation notice which includes the amounts credited to the Participant's Accounts and the earnings, gains or losses allocated to such Accounts since the immediately preceding Determination Date.


More Definitions of Annual Determination Date

Annual Determination Date means the Payment Determination Date in the month of May.
Annual Determination Date means the Payment Date following each Annual EPM Re-run; 10211744743-v2 - 5 - 70-40746146
Annual Determination Date means each July 1st, of each year during the term of this Agreement commencing with July 1, 2001.
Annual Determination Date means each of, and collectively, the First Annual Determination Date, the Second Annual Determination Date, the Third Annual Determination Date and the Fourth Annual Determination Date. As used herein:
Annual Determination Date means the date on which the Committee certifies in writing the Company’s Revenue Growth Achievement Percentage for the applicable Annual Performance Period. The Annual Determination Date will occur prior to February 15 of the calendar year following the applicable Annual Performance Period.
Annual Determination Date shall have the meaning specified in Section 8.02. “Annual Valuation” shall have the meaning specified in the Indenture. “Appraisal” shall have the meaning specified in the Indenture.

Related to Annual Determination Date

  • Final Determination Date means the following:

  • Benchmark Determination Date means (a) if the Benchmark is LIBOR, the LIBOR Determination Date, (b) if the Benchmark is Term SOFR, the date that is two Business Days before the first day of the applicable Accrual Period, (c) if the Benchmark is Compounded SOFR, the date that is five Business Days before the last day of the applicable Accrual Period and (d) if the Benchmark is any other rate, the date determined by the Trust according to Section 2.16 of the Indenture.

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Initial determination means the first child custody determination concerning a particular child.

  • Event Determination Date means either:

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Interest Determination Date means, with respect to a Rate of Interest and Interest Accrual Period, the date specified as such hereon or, if none is so specified, (i) the first day of such Interest Accrual Period if the Specified Currency is Sterling or (ii) the day falling two Business Days in London for the Specified Currency prior to the first day of such Interest Accrual Period if the Specified Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Specified Currency is euro.

  • LIBOR Determination Date With respect to any Interest Accrual Period for the LIBOR Certificates, the second London Business Day preceding the commencement of such Interest Accrual Period.

  • Determination Period means the period from and including a Determination Date in any year to but excluding the next Determination Date; and

  • Final Determination means a determination within the meaning of Section 1313 of the Code or any similar provision of state or local Tax Law.

  • Accounting Restatement Determination Date means the earliest to occur of: (a) the date the Board, a committee of the Board, or one or more of the 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 an Accounting Restatement; and (b) the date a court, regulator, or other legally authorized body directs the Company to prepare an Accounting Restatement.

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • SOFR Determination Time means 3:00 p.m. (New York time) on the U.S. Government Securities Business Day, at which time Compounded SOFR is published on the FRBNY’s Website.

  • Spread Determination Date means, for the reset rate notes, any time after the Notice Date but no later than 3:00 p.m., New York City time, on the third business day prior to the related reset date.

  • Rate Determination Date means two (2) Business Days prior to the commencement of such Interest Period (or such other day as is generally treated as the rate fixing day by market practice in such interbank market, as determined by the Administrative Agent; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, then “Rate Determination Date” means such other day as otherwise reasonably determined by the Administrative Agent).

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to defining the relevant Interest Periods and Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Compound SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Compound SOFR Note.Average SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Average SOFR Notes will bear interest at a rate per annum equal to Average SOFR (as defined below) plus the Spread.With respect to any Interest Period, unless otherwise specified or modified in the applicable Pricing Supplement, “Average SOFR” will be calculated by the Calculation Agent on each SOFR Interest Determination Date (as defined below) as follows (with the resulting percentage being rounded, if necessary, to the nearest one hundred-thousandth of a percentage point, with 0.000005 being rounded upwards to 0.00001): 0 Where:

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Term SOFR Determination Day has the meaning assigned to it under the definition of Term SOFR Reference Rate.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Determination Time means 11:59 p.m. Central time on the day prior to the Closing Date.