Financial Year t+1 definition

Financial Year t+1 has the meaning ascribed to it in paragraph 10.2.2;
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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.

  • 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 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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 x in the application of the annual Reference Tariff variation mechanism for Financial Year t.

  • 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.

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 year from 1st September to 31st August or such other period as the Secretary of State may from time to time specify by notice in writing to the Academy Trust;

  • 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.

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

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

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

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

  • 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 Month means any fiscal month of the Borrower.

  • Fiscal Year means the fiscal year of the Company.

  • 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:

  • 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.

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

  • 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.

  • Accounting Periods means each month.

  • Fiscal Quarter means a fiscal quarter of any Fiscal 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.

  • Annual Financial Statement is defined in Section 10.1(a).

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

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

  • 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.

  • 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.