Examples of Applicable Fiscal Year in a sentence
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.
Any Bonuses shall be paid to each executive as soon as practicable after completion of the year-end audit for the Applicable Fiscal Year and following the Committee’s certification described above (but in no event later than March 15 of the calendar year following the Applicable Fiscal Year to which the Bonus relates).
Except as provided by Section 4.2, as soon as practicable following completion of the Applicable Fiscal Year, the Committee shall certify in writing the level of achievement of the performance goals set forth in the Performance Goal Appendix and the resulting number of Units which shall be Earned Units.
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.