Annual Year definition

Annual Year or “Year” or “Contract Year” means a period of twelve (12) consecutive months starting on (i) at 0600 hours on the Start Date and (ii) finishing at 0600 hours on the first (1st) date of the same month each subsequent year. For the final Year, Contract Year shall mean a period commencing at 0600 hours on the first (1st) date of a Contract Year and ending at 0600 hours on the date of early termination or expiry of this Agreement in accordance with the terms and conditions set out herein.
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Annual Year. Means a period of Twelve (12) Consecutive months starting from the Start Date and finishing on the first (1st) date of the same month each subsequent year
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Annual Year means the period between the conclusion of one Annual General Meeting and ending with the conclusion of succeeding Annual General Meeting.
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Examples of Annual Year in a sentence

  • RHP Annual Year End Report Each RHP Anchoring Entity shall submit an annual report by December 15 following the end of Demonstration Years 2-5.

  • Any quantity of Gas up to the DCQ for the relevant Days on which SELLER failed to supply or BUYER failed to offtake for reasons not attributable to the SELLER and cumulative quantity of Gas supplied by SELLER in the Annual Year.

  • During the duration of this Agreement, the difference between the ATOPQ and cumulative quantity of Gas off-taken by BUYER during the Annual Year is greater than zero (0), such quantity of Gas shall be called “Annual Off-take Shortfall Quantity” (AOSQ).

  • In such case, BUYER shall pay to the SELLER an amount equivalent to the AOSQ Quantity multiplied by the arithmetic average of the Sales Gas Price during the Annual Year (“AOSQ Amount”).

  • Lease to Ownership Plan (LTOP) (Lease/Purchase)Lease with Option to Own (Operating Lease) (b) Annual Year Funding.

  • Not later than 2:00 p.m. (Chicago time) on the date of any notice received pursuant to this Section 2.3(d), each Lender with a Revolving Loan Commitment greater than zero shall make available its required Revolving Loan or Revolving Loans, in funds immediately available in Chicago to the Agent at its address specified pursuant to Article XIII.

  • Further, the Committee provides an Annual Year in Review Report, which is a full year financial and operational review of WasteNet Southland activities for that financial year.

  • Month Day FORM TYPE Month DayFiscal Year Annual Year Secondary License Type, If Applicable MSRDDept.

  • Annual Year Book on educational research is available for reference.

  • The internal approval processes are conducted in accordance with the due dates as indicated in the Annual Year Programme of the University.


More Definitions of Annual Year

Annual Year means the year for which the strategic
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Annual Year means a period which continues for twelve consecutive months. The first Annual Year of this Agreement begins on the Effective Date and ends twelve consecutive months thereafter, at which time, and as applicable, the next Annual Year begins.
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Related to Annual Year

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

  • Fiscal Year means the fiscal year of the Company.

  • Financial Year means a year commencing on and including the 1st day of July;

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA;

  • Annual EBITDA means, with respect to any Project or Minority Holding, as of the first day of each fiscal quarter for the immediately preceding consecutive four fiscal quarters, an amount equal to (i) total revenues relating to such Project or Minority Holding for such period, less (ii) total operating expenses relating to such Project or Minority Holding for such period (it being understood that the foregoing calculation shall exclude non-cash charges as determined in accordance with GAAP). Each of the foregoing amounts shall be determined by reference to the Borrower’s Statement of Operations for the applicable periods. An example of the foregoing calculation is set forth on Exhibit G hereto.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Quarterly Period means each period of three (3) consecutive months ending on March 31, June 30, September 30, and December 31.

  • Budget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Year means a calendar year.

  • Deferral Year means each calendar year during which the Director makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Calendar Year means each successive period of twelve (12) calendar months commencing on January 1 and ending on December 31, except that the first Calendar Year of the Term shall commence on the Effective Date and end on December 31 of the year in which the Effective Date occurs and the last Calendar Year of the Term shall commence on January 1 of the year in which the Term ends and end on the last day of the Term.

  • Calendar means discrete temporal reference system that provides the basis for defining temporal position to a resolution of one day;

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

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Full year refers to the ordinary period of employment for the position.

  • Agreement Year means a period of 12 months beginning on the Effective Date and each subsequent anniversary thereof.

  • First Year means the intake group of Students for the most junior class or year in a school.

  • relevant year means a year commencing at 00:00 hours on 1 April and ending at 23:59 hours on the following 31 March;

  • Payment Year means the calendar year during which the applicable Initial Year Payments or Annual Payments are due pursuant to subsection V.B. Payment Year 1 is 2022, Payment Year 2 is 2023 and so forth. References to payment “for a Payment Year” mean the Initial Year Payments or Annual Payment due during that year. References to eligibility “for a Payment Year” mean eligibility in connection with the Initial Year Payments or Annual Payment due during that year.

  • 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.

  • Semi-Annual Period means each period of six-months, commencing on the first day of a Fiscal Year; provided that the first such period shall begin on July 1, 2013 and end on December 31, 2013.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • School fiscal year means a fiscal year that commences July 1 and continues through June 30.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Service Year means fiscal year, except that: