Ensuing Year definition
Examples of Ensuing Year in a sentence
The parties may mutually agree in writing to extend the July 1st deadline during any year of this Agreement, so long as the parties reach agreement for the Ensuing Year prior to August 15th of such year.
If amounts in the Capital Replacement Fund at the end of any Fiscal Year plus the anticipated contributions to the Capital Replacement Fund for the year following the date of such contribution (the "Ensuing Year") are not sufficient to pay for Capital Replacements or Capital Improvements authorized by the Annual Plan for such Ensuing Year, then Owner shall supply additional funds, in the amount of the projected deficiency, at the time the Annual Plan for such Ensuing Year is approved.