Biennial Basis definition

Biennial Basis means every two years, plus or minus six months.
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Examples of Biennial Basis in a sentence

  • Resolution authorizing the solicitation of Bids on a Biennial Basis for the 2012 and 2013 Fiscal Years for the Purchasing Division of the Department of Administration.

  • Treasurer FUNCTIONAL OFFICERS (ADVISORY BOARD)– Elected on a Biennial Basis A.

  • Biennial ReviewClarendon College will conduct a review of the AOD program on a Biennial Basis during odd numbered years in accordance with the reference: Complying with the Drug-Free Schools and Campus Regulations – A Guide for University and College Administrators.

  • Treasurer FUNCTIONAL OFFICERS (ADVISORY BOARD)– Elected on a Biennial Basis Mite Representative Squirt Representative Pee Wee Representative Bantam Representative Adray Representative MAHA RepresentativeWebmaster/Fundraising Coordinator Apparel/Marketing Coordinator Trustee N ON-VOTING MEMBERS-Appointed by the President A.

  • Treasurer FUNCTIONAL OFFICERS (ADVISORY BOARD)– Elected on a Biennial Basis Mite Representative Squirt Representative Pee Wee Representative Bantam Representative Adray Representative MAHA RepresentativeWebmaster/Fundraising Coordinator Apparel/Marketing Coordinator Trustee NON-VOTING MEMBERS-Appointed by the President A.

Related to Biennial Basis

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • Debt Service Reserve Requirement means, as of any date of calculation, and for any Fiscal Year, the amount equal to the maximum Adjusted Aggregate Debt Service on Bonds in the current or any future Fiscal Year on all Bonds Outstanding; provided, however, that if, upon the issuance of a Series of Bonds, such amount would require moneys, in an amount in excess of the maximum amount permitted under the Code to be deposited therein from the proceeds of such Bonds, to be deposited therein, the Debt Service Reserve Requirement shall mean an amount equal to the sum of the Debt Service Reserve Requirement immediately preceding issuance of such Bonds and the maximum amount permitted under the Code to be deposited therein from the proceeds of such Bonds, as certified by an Authorized Representative of the Authority; provided, further, that, if (i) the payment of the Principal Installments of or interest on any Series of Bonds or portion thereof is secured by a Special Credit Facility, (ii) the payment of the Tender Option Price of any Option Bond of a Series is secured by a Special Credit Facility or (iii) the Authority has determined in a Supplemental Resolution authorizing the issuance of a Series of Bonds that such Series of Bonds will not be secured by the Common Account in the Debt Service Reserve Fund, the Supplemental Resolution authorizing such Series may specify the Debt Service Reserve Requirement, if any, for the Bonds of such Series: provided, further, that if, as a result of the expiration or termination of a Financial Guaranty, a deficiency shall be created in the Debt Service Reserve Fund, the Debt Service Reserve Requirement shall be calculated so as to exclude the amount of such deficiency and the Debt Service Reserve Requirement shall be increased in each of the five Fiscal Years after the date such deficiency was created by an amount equal twenty per centum (20%) of the aforesaid deficiency.For the purpose of calculating the Debt Service Reserve Requirement for any Variable Rate Bonds of a Series, the maximum Adjusted Debt Service on such Series shall be determined by reference to the Pro Forma Bond Issue for the Variable Rate Bonds of such Series set forth in the Supplemental Resolution authorizing such Series.