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;
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Examples of Financial Year t-1 in a sentence

  • Where a clerical mistake, an accidental slip or omission, or a miscalculation, has been identified in the determination of Reference Tariffs to apply in Financial Year t-1 in accordance with this clause 8, that mistake, slip, omission or miscalculation may be corrected in determining the Reference Tariff for Financial Year t in accordance with this section 8.

  • Where a clerical mistake, an accidental slip or omission, or a miscalculation, has been identified in the application of the annual Reference Tariff variation mechanism that applied in Financial Year t-1, that mistake, slip, omission ormiscalculation may be corrected for the purposes of determining the value of Reference Tariff 𝑥 in the application of the annual Reference Tariff variation mechanism for Financial Year t.

  • Where a clerical mistake, an accidental slip or omission, or a miscalculation, has been identified in the application of the annual Reference Tariff variation mechanism that applied in Financial Year t-1, that mistake, slip, omission or miscalculation may be corrected for the purposes of determining the value of Reference Tariff in the application of the annual Reference Tariff variation mechanism for Financial Year t.

  • 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.

  • It simply entrenches sheltered workshops and the subminimum wage—and for the first time recognizes them as acceptable under the rights provisions of the Rehabilitation Act, our Nation's first disability rights law.

  • 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.

  • 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.

  • 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.

  • 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.

  • Promptly following any adjustment to the CVL IM Annual Cap and/or the Train Operator Annual Cap pursuant to this paragraph 8.2, and in order to give effect to that adjustment, the 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 Periods in Financial Year t+1.

Related to Financial Year t-1

  • Financial Year means the year ending on 30 June;

  • 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;

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

  • Fiscal Year End means the end of each Fiscal Year.

  • Quarterly Period the period of three months commencing on 1 January, 1 April, 1 July and 1 October.

  • 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;

  • Fiscal Year means the fiscal year of the Company.

  • Fiscal Month means any fiscal month of the Borrower.

  • 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.

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

  • 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;

  • 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.