Calculation Year definition

Calculation Year means the Company's fiscal year immediately preceding the year for which the Performance Recognition Pool is being calculated.

Calculation Year means the year preceding an obligation year;

Calculation Year means the calendar year ending immediately prior to the calendar year in which an Anniversary Date falls.

Examples of Calculation Year in a sentence

• Eligible Employees are defined as ALL employees (not just members of this bargaining unit) paid through the Special Education Fund who are employed by the Employer as of the November payment date and who worked during the fiscal year on which the Budget Savings calculation is based (the Calculation Year).

• For each Calculation Year, the Performance Fee shall be equal to 25% of the said increase in the NAV per Investor Share (without any accrual for the Performance Fee then under calculation) multiplied by the number of Investor Shares in issue.

• Any balance remaining in the Royalty Reserve Annual Account for any Royalty Calculation Year after the Royalty Payment for such Royalty Calculation Year has been paid in full may be removed from the Royalty Reserve Account and applied as WSI determines to be appropriate, provided that, until the Term has ended, such application is in full compliance with all of the applicable terms and conditions of this Agreement (including, without limitation, Section 4.03 hereof).

• No portion of the Option shall become exercisable on an Anniversary Date unless the Earnings CGR for the Calculation Year applicable to that Anniversary Date equals or exceeds five percent (5%).

• The receipt by Stonehouse of the Scale-Down Fee will not affect Stonehouse’s right to receive a Royalty Payment for the Royalty Calculation Year in which the Scale-Down Transaction occurs, and such Royalty Payment will be based upon a calculation of WorldSpace EBITDA that takes such Scale-Down Transaction into account in accordance with the definition of “WorldSpace EBITDA” in Section 1.01.

More Definitions of Calculation Year

Calculation Year means each calendar year during which a Calculation Date falls.

Calculation Year means the fiscal year for which a Medicaid offset amount is calculated.

Calculation Year means the 26 pay periods (or in some years 27 pay periods) falling between 1 October and 30 September as advised annually.

Calculation Year. (“blwyddyn gyfrifo”) means the calendar year preceding an obligation year;

Calculation Year means, in respect of a Member, the year (or period of 365 days of his or her RMPP Reckonable Service if that RMPP Reckonable Service is not continuous) ending on the

Calculation Year means, initially, the period from the date of Closing to the first anniversary of Closing and, thereafter, each twelve-month period commencing on [April 15] and ending on the next [April 14].

Calculation Year means the fiscal year of KDTI immediately preceding a Target Year.