Financial Period definition
Examples of Financial Period in a sentence
In determining this element of the Bonus, the amount of EBITDA budgeted for each calendar year (each a "Financial Period") in the relevant annual budget approved by the Board for the SBS Group for that Financial Period (the "Budgeted EBITDA") (as adjusted from time to time in accordance with clause 6.4) will be compared against the amount of EBITDA recorded in the audited consolidated accounts of SBS (the "Actual EBITDA") which are approved by the Board for that Financial Period.
The Recipient shall also require to submit to SDS in accordance with such submission requirements as SDS shall advise, the details required in the Control Sheet, no later than the last day of the relevant Active Financial Period.
If a Capital Adequacy Trigger Event has occurred, then the Automatic Conversion shall occur without delay, but no later than one (1) month following either (i) the Ordinary Reporting Date, if a Capital Adequacy Trigger Event has occurred as of a Quarterly Financial Period End Date, or (ii) the Extraordinary Calculation Date, if a Capital Adequacy Trigger Event has occurred as of such date (such date, the “Conversion Date”).
The Partnership Agreement for the European Structural and Investment Funds in the EU Financial Period 2014-2020 was prepared by the Ministry of Regional Development and EU Funds, with contributions from the Ministry of Agriculture and the Thematic Working Groups, on behalf of the Coordination Committee for the Preparation of Programming Documents for the EU Financial Period 2014-2020.
Because the consideration payable with respect to this Agreement will be an amount that may be determined after the close of the books for the most recent financial period (the “Financial Period End Date”), to the extent that the Closing Date is before the Financial Period End Date, Transferee shall pay such consideration to Transferor as soon as is reasonably practicable after the Financial Period End Date.