Fare Year definition

Fare Year means the period from 1 January in any year to 31 December in the same year;
Fare Year means the period from 1 January in any year to 31 December in the same year; “Fares Basket” means the Protected Fares Basket; “Fares Document” means the Protected Fares Document; “Fares Setting Round” has the meaning given Settlement Agreement; to it in the Ticketing and “Final Service Year” means the Service Year ending on the last day of the Service Period; “Financial Action Plan” means any action plan produced by the Service Provider pursuant to paragraph 9.2(b)(vi) of Schedule 11.2 (Management Information), where the level of its financial performance specified in the Management Accounts is materially worse than forecast by the Service Provider in its current Business Plan; “Financial Conduct Authority” means the UK Financial Conduct Authority of 25 The North Colonnade, Canary Wharf, London E14 5HS and with company registered number 01920623 or such other regulatory body which may succeed or replace it from time to time; “First in Class Unit” has the meaning given to it in paragraph 11.1 (a)(i) of Schedule 13.1 (Rail Industry Initiatives and Co- operation); “Fixed Service Payment” means, in relation to any Reporting Period, the amount determined as such in accordance with paragraph 2 of Schedule 8.1 (Fixed Service Payments) of this Agreement; “Flow” has the meaning given Settlement Agreement; to it in the Ticketing and “Force Majeure Event” means any of the events described as such in paragraph 1 of Schedule 10.3 (Force Majeure and Business Continuity) where the conditions specified inparagraph 2 of Schedule 10.3 (Force Majeure and Business Continuity) are satisfied;
Fare Year means a period of 12 months commencing on 1 September in any year or, where that date does not fall on a Sunday, the Sunday immediately preceding that date;

Examples of Fare Year in a sentence

  • If such maximum Price or Child Price (as the case may be) did not so comply, then such maximum Price or Child Price (as the case may be) shall be the last Price or Child Price (as the case may be) recorded by RSP which did so comply; and PII is the Permitted Individual Increase in any Fare Year, as determined in accordance with paragraph 2.2.

  • The SPTE Fares Assumption is that each SPTE Controlled Fare and each SPTE Set Fare shall be increased each Fare Year by RPI+1 % at the Fare Setting Round in May.

  • The exercise by the Secretary of State of his powers under this paragraph 5 shall be a Change and any alteration to the value of “k” under paragraph 4.2 of Schedule 5.4 (Regulation of Fares Basket Values) and/or paragraph 2.2 of Schedule 5.5 (Regulation of Individual Fares) in respect of the Fare Year commencing 1 January 2014 shall be a Qualifying Change.

  • It shall not be a departure ftom the SPTE Fares Assumption (and it shall not be a Change) if a SPTE Controlled Fare or a SPTE Set Fare is increased, in a Fare Year at the Fare Setting Round in May, by applying RPI plus one percent to an unrounded price for that fare and then rounding up or down (to the nearest five xxxxx or, for season tickets, the nearest ten xxxxx) to determine the new price for the SPTE Controlled Fare or SPTE Set Fare, as the case may be.


More Definitions of Fare Year

Fare Year means the period from 1 January in any year to 31 December in the same year;“Fares Basket”means the Commuter Fares Basket, the Protected Fares Basket B or the Protected Fares Basket C;“Fares Document”means any of the Commuter Fares Document and the Protected Fares Document;

Related to Fare Year

  • Leave Year means the year ending with the anniversary date of the employee’s appointment.

  • Service Year means fiscal year, except that:

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Year means a calendar year.

  • One year means 365 calendar days as required in federal regulations.

  • Employment Year means each twelve-month period, or part thereof, during which Employee is employed hereunder, commencing on the Commencement Date and on the same day of the subsequent calendar year and each consecutive 12 month period thereafter.

  • 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.

  • Plan Year means the calendar year.

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;

  • Vesting Year means a unit of Service credited to a Participant pursuant to Section 9.2 for purposes of determining his vested interest in his Account.

  • Twelve-Month Period means a period of twelve consecutive months determined on a rolling basis where a new twelve month period begins on the first day of each calendar month.

  • Benefit year means the period of twelve consecutive months, July 1 through June 30, as established by an employer in which an employee shall accrue and use earned sick leave as provided pursuant to N.J.S.A. 34:11D-2, provided that once the starting date of the benefit year is established by the employer it shall not be changed unless the employer notifies the Commissioner of Labor and Workforce Development of the change in accordance with regulations promulgated pursuant to the Act. The Commissioner shall impose a benefit year on any employer the Commissioner determines is changing the benefit year at times or in ways that prevent the accrual or use of earned sick leave by an employee.

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

  • First Year means the intake group of Students for the most junior class or year in a school.

  • Taxable Year means a taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of state or local tax law, as applicable (and, therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or after the IPO Date.

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

  • Calendar Year means each successive period of twelve (12) calendar months commencing on January 1 and ending on December 31, except that the first Calendar Year of the Term shall commence on the Effective Date and end on December 31 of the year in which the Effective Date occurs and the last Calendar Year of the Term shall commence on January 1 of the year in which the Term ends and end on the last day of the Term.

  • Deferral Year means each calendar year during which the Director makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Calendar means discrete temporal reference system that provides the basis for defining temporal position to a resolution of one day;

  • Prior Year means the year commencing 1 April immediately prior to the relevant Charging Year;

  • Ongoing employee means an employee who has been employed for at least one complete standard measurement period.

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.

  • Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.