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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.
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
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.

Examples of Annual Year in a sentence

  • Guaranteed minimum royalty fees, if applicable, shall be calculated and paid within 30 days after the close of each applicable Annual Year.

  • USA shall not be required to provide more than twenty days of personnel support per Annual Year.


More Definitions of Annual Year

Annual Year means the period between the conclusion of one Annual General Meeting and ending with the conclusion of succeeding Annual General Meeting.
Annual Year means the year for which the strategic

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;

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

  • 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.

  • Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

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

  • Agreement Year means each twelve (12) month period commencing on January 1 and ending on December 31 during the Term; provided, that the first Agreement Year during the Term shall commence on the Effective Date and end on December 31, and the last Agreement Year during the Term shall commence on January 1 and end on the effective date of expiration or termination of the Term.

  • 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.

  • 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.