Following year definition

Following year means the year immediately fol- lowing the year in which a license or permit is issued.
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Following year is defined in Article 6.
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Following year means the year following the relevant year;
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Examples of Following year in a sentence

  • Team, advisors, and ambassadors will receive tokens gradually, in the Following year, meaning that each month they will receive 1/12 oF the tokens, starting as oF the 13th month aFter the token sale.

  • Following year two (2), pricing set forth in the pricing table in Exhibit A shall be subject to an annual increase equal to the percentage annual adjustment in the CPI.

  • Following year one, another year of data will be added to the calculation in each of the next two years until four years of data can used.

  • Following year end, in recognition of the impact of the COVID-19 pandemic on global markets and following consultation with the Investment Sub Group, the Director of Finance (S151 Officer) commenced an investment strategy ‘sense-check’.

  • Following year five, the Group extrapolates cash flows in perpetuity, using an estimated conservative growth rate of 1% (2010: 1%), which is lower than the forecast long-term growth rate of the UK economy.

  • Following year one, students attending two or more consecutive years will show the greatest proficiency with the goal to reach 90% of third graders meeting or exceeding the state legislative goals set for the spring IRI.

  • Following year two, the Companies estimated that research revenue would increase by 25 percent each year until the completion of year five at which point the growth rate would lower to three percent per year.71 Q.46.

  • Following year end, a global pandemic was declared due to the spread of a coronavirus (“COVID-19”).

  • Following year 1 the Group incurs development and license costs to upgrade or replace key components of the platform software, with service levels and net inflows returning to normal in year 3.

  • Following year refers to the targets set in the 2012/13 Budget/IDP round.


More Definitions of Following year

Following year shall have the meaning ascribed thereto in Paragraph 8(a) of this Agreement;
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Following year means, with respect to a determination of a facility’s deemed electricity production, the year following the year in which the determination is made;
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Following year means the following year referred to in section 61(2)(b) of the Act;
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Following year means the year commencing on the next 1 July.
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Related to Following year

  • Preceding year means a period of 12 consecutive months fixed by the division

  • Qualifying year means the calendar year to which the qualifying certificate applies.

  • Operating Year means the calendar year commencing January 1st of each year (including the calendar year within which the Commencement Date occurs) during the Term.

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

  • Funding Year means in the case of the first Funding Year, the period commencing on the Effective Date and ending on the following March 31, and in the case of Funding Years subsequent to the first Funding Year, the period commencing on the date that is April 1 following the end of the previous Funding Year and ending on the following March 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;

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • 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.

  • Vesting Year means a unit of Service credited to a Participant pursuant to Section 9.2 for purposes of determining his vested interest in his Account.

  • Calendar means discrete temporal reference system that provides the basis for defining temporal position to a resolution of one day;

  • Year means a calendar year.

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.

  • transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;

  • Termination Year means the calendar year in which the Employment Period is terminated.

  • Open Year has the meaning specified in Section 4.01(r)(iii).

  • Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31.

  • Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Calendar Month means any of the twelve (12) months of the Calendar Year.

  • Calendar Week means any period of seven days starting with the same day as the first day of the First Assignment;

  • Election Year means a year in which ordinary elections for local governments are required to be held;

  • Twelve-Month Period means a period of twelve consecutive months determined on a rolling basis where a new twelve month period begins on the first day of each calendar month.

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

  • Leave Year means the year ending with the anniversary date of the employee’s appointment.

  • Month means calendar month.