Final League Year definition

Final League Year means the League Year which is scheduled prior to its commencement to be the final League Year of this Agreement. As of the date hereof, the Final League Year is the 2020 League Year.

Examples of Final League Year in a sentence

  • Thismeant that 2010 became the Final League Year under the 2006 SSA.

  • Notwithstanding the immediately preceding sentence, there will be no Guaranteed League-wide Salary, Salary Cap, or Minimum Team Salary in the Final League Year.

  • If either scenario occurred in the Final League Year, or in a year in which there was no Rookie Pool Bank, then the adjust- ment would instead be made as provided in Subsection (ii) above.

  • Notwithstanding the preceding sentence or anything else in this Agreement, there shall be no Salary Cap in the Final League Year.

  • To the extent that such acceleration puts the Team over its Salary Cap in a League Year prior to the Final League Year, the difference shall be charged to its Team Salary for the following year; to the extent that such acceleration puts the Team over the Salary Cap in the Final League Year, the Team will have seven days to conform with the Salary Cap, but may not sign any players until there is Room to do so under the Salary Cap.

  • THE SSA EXPIRES BUT THE DISTRICT COURT CONTINUES TO EXERCISE JURISDICTION TO ADJUDICATE PRE-EXPIRATION BREACHESAfter the Final League Year, the SSA expired on March 11, 2011.

  • In the Final League Year, any such amount shall be taken from any unused Benefit money or credited toward future Performance-Based Pay.

  • This Plan will continue to provide benefits as above after the Final League Year and after the expiration of this Agreement, but only to a former player who qualified during the term of this Agreement and who remains qualified.

  • JA 96, R.740; JA 1531-34, R.415; JA 1622-24, R.455; JA 1687-89, R.504; JA 1690-97, R.508; JA 2086-88, R.526.)By agreeing that the Final League Year would be uncapped and impose greater restrictions on free agency, the parties created mutual incentives to negotiate extensions of the SSA before it expired.

  • In exchange, during the Final League Year, Class members would be subject to increased restrictions on free agency (e.g., two additional years of accrued service would be required before a Class member could be eligible for unrestricted free agency).

Related to Final League Year

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Base Year means the period set forth in Section 5 of the Summary.

  • 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.

  • School fiscal year means a fiscal year that commences July 1 and continues through June 30.

  • Academy Financial Year means the academic year from 1st of September to 31st of August of the following year;

  • Expense Year means each calendar year in which any portion of the Lease Term falls, through and including the calendar year in which the Lease Term expires, provided that Landlord, upon notice to Tenant, may change the Expense Year from time to time to any other twelve (12) consecutive month period, and, in the event of any such change, Tenant’s Share of Direct Expenses shall be equitably adjusted for any Expense Year involved in any such change.

  • Scheme Year means a period of one year beginning with 1st April and ending with 31st March;

  • Final average salary means whichever of the following is greater:

  • Service Year means fiscal year, except that:

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Service credit year means an accumulation of months of

  • Proration Month means the month for which capacity is to be allocated under Item 7.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Annual Period has the meaning stated in Section 4.3(e).

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • relevant year means a year commencing at 00:00 hours on 1 April and ending at 23:59 hours on the following 31 March;