Financial Year t-1 definition

Financial Year t-1 means the Financial Year preceding Financial Year t;
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Financial Year t-1 means the Financial Year preceding Financial Year t, and similar expressions shall be construed accordingly;
Sample 1

Examples of Financial Year t-1 in a sentence

  • Promptly following any adjustment to the Network Rail Annual Cap and/or the Train Operator Annual Cap pursuant to this paragraph 8.2, and in order to give effect to that adjustment, Network Rail shall issue to the Train Operator a statement showing the necessary adjustments to: any invoices and credit notes already issued; and any payments already made in respect of Performance Sums, in each case relating to the Periods in Financial Year t+1.

  • Any adjustment to the CVL IM Cap and/or the Train Operator Cap shall take effect only when it has been approved by XXX and, unless otherwise specified by XXX, any such adjustment shall take effect from 1 April in Financial Year t+1.

  • If, in accordance with paragraph 8.2.2(b), the CVL IM determines that there has been an Annual Train Mileage Variation, then the Baseline Annual Train Mileage for the Financial Year immediately following Financial Year t ("Financial Year t+1") and each subsequent Financial Year until any further adjustment is made to the Baseline Annual Train Mileage pursuant to this paragraph 8.2.3(b) shall be the Annual Train Mileage for the Financial Year t in which the Annual Train Mileage Variation has occurred.

  • Promptly following any adjustment to the CVL IM Cap and/or the Train Operator Cap pursuant to this paragraph 10.2, and in order to give effect to that adjustment, CVL IM shall issue to the Train Operator a statement showing the necessary adjustments to: any invoices and credit notes already issued; and any payments already made in respect of Performance Sums, in each case relating to the Charging Periods in Financial Year t+1.

  • If, in accordance with paragraph 10.2.2(b), the CVL IM determines that there has been an Annual Contract Mileage Variation, then the Baseline Annual Contract Mileage for Financial Year t+1 and each subsequent Financial Year until any further adjustment is made to the Baseline Annual Contract Mileage pursuant to this paragraph 10.2.3(b) shall be the Annual Contract Mileage for the Financial Year t in which the Annual Contract Mileage Variation has occurred.

  • If, in accordance with paragraph 8.2.2(b), Network Rail determines that there has been an Annual Train Mileage Variation, then the Baseline Annual Train Mileage for the Financial Year immediately following Financial Year t ("Financial Year t+1") and each subsequent Financial Year until any further adjustment is made to the Baseline Annual Train Mileage pursuant to this paragraph 8.2.3(b) shall be the Annual Train Mileage for the Financial Year t in which the Annual Train Mileage Variation has occurred.

  • Therefore, students must have successfully completed the first half of the course, successfully defined as earning an 80% overall average or higher in English 13-1.

Related to Financial Year t-1

  • Financial Year means a year commencing on and including the 1st day of July;

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

  • Relevant Year t means the Financial Year for the purposes of which any calculation falls to be made; "Relevant Year t-1" means the Financial Year preceding Relevant Year t, and similar expressions shall be construed accordingly;

  • old financial year means the financial year of an issuer that immediately precedes a transition year;

  • Financial Quarter means the period commencing on the day after one Quarter Date and ending on the next Quarter Date.

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • past financial year means the financial year preceding the current year;

  • Fiscal Year End means December 31 of each calendar year.

  • Financial reporting year means the latest consecutive twelve-month period for which any of the following reports used to support a financial test is prepared:

  • Quarterly Period means each period of three (3) consecutive months ending on March 31, June 30, September 30, and December 31.

  • Accounting Year means the financial year commencing from the first day of April of any calendar year and ending on the thirty-first day of March of the next calendar year;

  • Most Recent Fiscal Year End has the meaning set forth in Section 4(g) below.

  • Current Fiscal Year means the fiscal year for which a particular calculation is made.

  • Fiscal Year means the fiscal year of the Company.

  • Fiscal Month means any of the monthly accounting periods of Borrower.

  • Fiscal Quarters means the period from January 1 to March 31, April 1 to June 30, July 1 to September 30 and October 1 to December 31 of the applicable year.

  • Accounting Period means a period ending on and including an accounting date and commencing (in case of the first such period) on the date on which the Trust Property is first paid or transferred to the Trustee and (in any other case) from the next day of the preceding accounting period.

  • Reporting Year means a twelve-month compliance reporting period required under the Applicable Program.

  • Forecast Period means the period of three calendar months for which a Forecast is provided;

  • Fiscal Quarter means a fiscal quarter of any Fiscal Year.

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

  • Model Year means the CI engine manufacturer’s annual production period, which includes January 1st of a calendar year, or if the manufacturer has no annual production period, the calendar year.

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

  • Budget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • quarters means any building provided or intended to be provided for a workman to live in either temporarily or permanently and includes any room or building used or intended to be used whether communally or privately for the purposes of cooking, eating, washing or bathing and any latrines and urinals;

  • Fixed GAAP Date means the Issue Date; provided that at any time after the Issue Date, the Company may by written notice to the Trustee elect to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice, the Fixed GAAP Date shall be such date for all periods beginning on and after the date specified in such notice.