CONVERSION YEAR definition

CONVERSION YEAR means the Fiscal Year (as defined in the Lease) immediately preceding the Conversion Date.
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CONVERSION YEAR means the Fiscal Year following the Fiscal Year in which the Conversion Date occurred.
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CONVERSION YEAR means the calendar year immediately preceding the Conversion Date.
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Examples of CONVERSION YEAR in a sentence

  • The Conversion Price (as such term is defined in the Notes) shall be reduced based on the Company's net income as set forth in the financial statements set forth in its annual report on Form 10K or 10K-SB for 2003 as set forth below: CONVERSION YEAR NET INCOME PRICE ---- ---------- ----- 2003 less than $5,000,000 $2.50 $5,000,000 - $7,500,000 $3.50 above $7,500,000 $4.00 Such adjustment shall be effective on April 15, 2004.


More Definitions of CONVERSION YEAR

CONVERSION YEAR means the calendar year in which the Conversion Date occurs.
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CONVERSION YEAR means the calendar year immediately preceding the Conversion Date. (10) "CONVERSION NOTICE" shall mean a written notice delivered by Transferor to Transferee whereby Transferor elects to receive the Contingent Purchase Price. The Conversion Notice may only be given once and must be given on or before April 15 of a calendar year. If the Conversion Date is not given on or before April 15, 2002, Transferor's right to receive the Contingent Purchase Price shall automatically and irrevocably terminate. The Conversion Notice may not be given prior to March 1, 1999.
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Related to CONVERSION YEAR

  • Election Year means a year in which ordinary elections for local governments are required to be held;

  • Conversion Period means the period of time commencing on the eighth day after the Offer Date and terminating on the Expiry Date;

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Termination Year means the calendar year in which the Employment Period is terminated.

  • Open Year has the meaning specified in Section 4.01(r)(iii).

  • Maximum Uncertificated Accrued Interest Deferral Amount With respect to any Distribution Date, the excess of (i) accrued interest at the Uncertificated REMIC II Pass-Through Rate applicable to REMIC II Regular Interest ZZ for such Distribution Date on a balance equal to the Uncertificated Principal Balance of REMIC II Regular Interest ZZ minus the REMIC II Overcollateralization Amount, in each case for such Distribution Date, over (ii) the aggregate amount of Uncertificated Accrued Interest for such Distribution Date on the REMIC II Regular Interests (other than REMIC II Regular Interests AA, ZZ and IO), with the rate on each such REMIC II Regular Interest (other than REMIC II Regular Interests B-1, B-2, B-3 and B-4) subject to a cap equal to the least of (x) the One-Month LIBOR Pass Through Rate for the Corresponding Certificate, (y) 11.00% per annum and (z) the Net WAC Cap Rate for the REMIC III Regular Interest the ownership of which is represented by the Corresponding Certificate for the purpose of this calculation for such Distribution Date, and with the rate on each of the REMIC II Regular Interests B-1, B-2, B-3 and B-4 subject to a cap equal to the lesser of (i) the per annum fixed rate specified in the definition of “Pass-Through Rate” for the Corresponding Certificate, and (ii) the related Net WAC Cap Rate for the REMIC III Regular Interest the ownership of which is represented by the Corresponding Certificate for the purpose of this calculation for such Distribution Date; provided, however, that solely for this purpose, the related cap with respect to each REMIC II Regular Interest (other than REMIC II Regular Interests AA, ZZ, B-1, B-2, B-3, B-4 and IO) shall be multiplied by a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the related Accrual Period. MERS: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.

  • Limitation Year means the Plan Year.

  • Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.

  • Registration year means a calendar year.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • Conversion Percentage means, (A) the number of Class B Ordinary Shares being converted, divided by (B) the total number of Class B Ordinary Shares issued and outstanding (i.e. up to 1,000).

  • Conversion Value means, with respect to Convertible Capital Appreciation Bonds, the Accreted Value as of the Conversion Date.

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 85% of the lesser of (i) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if after the Interest Payment Date.

  • taxation year means the calendar year to which an assessment roll applies for the purposes of taxation;

  • Production Year means the 12- month period between September 1 of one year and August 31 of the following year, inclusive.

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on September 20, 2018 and ending on and including December 19, 2018, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • Base Conversion Price shall have the meaning set forth in Section 5(b).

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;