Applicable Fiscal Year definition
Examples of Applicable Fiscal Year in a sentence
The Company shall not convert any cash or Cash Equivalents held by the Company or any of its Subsidiaries to other assets for any purposes that include (i) causing any Fiscal Year to not become an Applicable Fiscal Year, or (ii) reducing the amounts otherwise payable pursuant to Sections 4(a) or 4(c) hereof.
The target annual bonus opportunity for each Applicable Fiscal Year (other than for the 2017 Portion of Fiscal 2018 (as defined below)) has been set at 120% of the Management Fee, or $3,720,000 per annum (the “Target Bonus Amount”).
The Applicable Fiscal Year shall be the Joint Venture's fiscal year immediately preceding the Closing or, in the event the Joint Venture is more than six months into its next fiscal year, the period beginning six months before the end of the Joint Venture's last fiscal year and ending six months into its current fiscal year.
The maximum amount of the Bonus shall be based upon the earnings before interest, taxes, depreciation and amortization of Sun (“EBITDA”), as published by Sun in its press release announcing financial results for the Applicable Fiscal Year, but excluding the effect of actuarial adjustments for self-insurance for general and professional liability.
The Committee must certify the performance results for the EPS Performance Target following the end of each Applicable Fiscal Year.