Franchisee Year definition

Franchisee Year means any period of 12 months during the Franchise Period, beginning on 1 April and ending on 31 March, except that the first and last Franchisee Years may be for a period of less than 12 months and the first Franchisee Year shall begin on the Start Date and the last Franchisee Year shall end on the last day of the Franchise Period;
Franchisee Year means any period of 12 months during the
Franchisee Year means any period of 12 months during the "Freedom of Information means the Freedom of Information Xxx 0000; Act"

Examples of Franchisee Year in a sentence

  • For the avoidance of doubt, it is agreed that the Franchise Payments and any sum shown in any Budget for any given Franchisee Year (or other period) shall not be subject to automatic indexation or adjustment to take into account the effect of inflation provided that this paragraph 13 is without prejudice to the adjustment of the Budget in accordance with paragraph 4 and/or the adjustment of the Franchise Payments in accordance with paragraphs 6 and 7 of this Schedule 8.A.

  • To the extent that the funding of such assumed capital expenditure through the Franchise Payments under Schedule 8.1 has been distorted by the implementation of the EMA, including by the implementation of the EMA in a part of the Franchisee Year in which the term of the EMA comes to an end, the Parties shall seek to agree an appropriate compensating amount.

  • The Franchisee shall allocate at least [redacted] per Franchisee Year on procuring and, thereafter, maintaining vegetation clearance on West Highland Line and Kyle Line (and shall work in partnership, throughout the Franchise Term, with Friends of the West Highland and Kyle Lines, Network Rail and other partners including landowners (for example the Loch Lomond and Trossachs National Park) in developing a strategic approach to such vegetation clearance).

  • From the Franchise Commencement Date, the Franchisee shall place four of its customer service apprentices with Scottish Business in the Community to volunteer as part of their ‘Paired Reading’ scheme which operates in local primary schools, during each Franchisee Year for a period of 3 months.

  • Mobile Connectivity Reporting Requirements 17.1 The Franchisee shall monitor the performance of the Mobile Connectivity Service during the first Franchisee Year for the purposes of providing to the Secretary of State a report on the performance of such Mobile Connectivity Service in relation to the first Franchisee Year.

  • B-3-2242 Appendix 1: Non-Significant differences between P-RNAV, US RNAV and RNAV 1 43 PART C – IMPLEMENTING RNP 44 CHAPTER 1- IMPLEMENTING RNP 445 1.1. INTRODUCTION .....................................................................................................................

  • In addition, 10 Franchisee apprentices will each attend 2 Scottish Business in the Community Enterprise days during each Franchisee Year.

  • Where the certificate is given pursuant to paragraph 5.3(a), it shall cover the relevant Franchisee Year; where the certificate has been given pursuant to paragraph 5.3(b), it shall cover such period as the Secretary of State shall specify.

  • On or before the end of the fourth Franchisee Year, the Franchisee shall work with Local Authorities to develop Station Travel Plans to develop improved transport integration at 20 Stations.

  • Where GDPR1 or GDPR2 is a positive number GDPR1 or GDPR2 (as applicable) is due from the Secretary of State to the Franchisee and where GDPR1 or GDPR2 is a negative number GDPR1 or GDPR2 (as applicable) is due from the Franchisee to the Secretary of State; Second Franchisee Year means the Franchisee Year which commences immediately after expiry of the First Franchisee Year.


More Definitions of Franchisee Year

Franchisee Year means any period of twelve (12) months during the Franchise Period, beginning on 1 April and ending on 31 March, except that: (a) the first and last Franchisee Years may be for a period of less than twelve (12) months and the first Franchisee Year shall begin on the Start Date and the last Franchisee Year shall end on the last day of the Franchise Period; (b) the last Franchisee Year in the ICWC Period may be for a period of less than twelve (12) months and shall end at 01:59 on the date of the Integrated Operator Start Date (or the last day of the Franchise Period if earlier); (c) the first Franchisee Year in the Integrated Operator Period may be for a period of less than twelve (12) months and shall begin on the Integrated Operator Start Date and shall end on the next 31 March; and (d) for the avoidance of doubt, the last Franchisee Year in the ICWC Period and the first Franchisee Year in the Integrated Operator Period shall constitute two (2) separate Franchisee Years;
Franchisee Year. 35 36 means any period of 12 months during the
Franchisee Year. 25 means any period of 12 months during the Franchise Period, beginning on 1 April and ending on 31 March, except that (a) the first and last Franchisee Years may be for a period of less than 12 months and the first Franchisee Year shall begin on the Start Date and the last Franchisee Year shall end on the last day of the Franchise Period; and (b) (where the expression is used within and in relation to Schedules 8.1 (Franchise Payments), 8.2 (Annual Franchise Payments) and 9 (Changes) only but excluding where it is used in the definition of Half Franchisee Year) the following periods shall be deemed to be a Franchisee Year: (i) the period commencing on 1 April 2018 and ending on 5 January 2019; (ii) the period commencing on 6 January 2019 and ending on 31 March 2019; and (iii) the period commencing on 1 April 2019 and ending on the last day of the Franchise Period;
Franchisee Year means as defined in clause 3.1 of the EMT National Rail Franchise Terms;
Franchisee Year means any period of 12 months during the Franchise Period beginning on 1 April in any year, except that the first and last such periods may be for a period of less than 12 months and the first such period shall begin on the Franchise Commencement Date and end on 31 March 2006 and the last such period shall end on the last day of the Franchise Period; GAAP means UK GAAP as at the date of this Agreement which denotes the corpus of practices forming the basis for determining what constitutes a true and fair view of accounting standards and, where relevant, the accounting requirements of company law and the listing rules of the Financial Services Authority;

Related to Franchisee Year

  • License year means the period of time for which a

  • 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.

  • Service Year means fiscal year, except that:

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Franchise Fee means a direct or indirect payment to purchase or operate a franchise. Franchise fee does not include any of the following:

  • Project Year means the twelve-month period beginning from the Effective Date and ending twelve months thereafter (the First Project Year), and any twelve-month period beginning at the end of the First Project Year, or the end of subsequent Project Years;

  • School year means the period beginning July 1 and ending June 30 next following.

  • Expense Year means each calendar year in which any portion of the Lease Term falls, through and including the calendar year in which the Lease Term expires, provided that Landlord, upon notice to Tenant, may change the Expense Year from time to time to any other twelve (12) consecutive month period, and, in the event of any such change, Tenant’s Share of Direct Expenses shall be equitably adjusted for any Expense Year involved in any such change.

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

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

  • Billing Commencement Date means the earlier of:

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Lease Commencement Date means the Closing Date. The “Lease Expiration Date” shall mean the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Licence Year means a period of 12 (twelve) calendar months commencing on the Validity Date or any anniversary of the Validity Date during the subsistence of the Agreement.

  • Half Year means the period from 1st January to 30th June in any year and the period from 1st July to 31st December in any year;

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • 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.

  • 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.

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

  • Base Year means the period set forth in Section 5 of the Summary.

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.