Fund Year definition

Fund Year means the Fund's fiscal year of January 1st through December 31st.

Fund Year means a period of twelve (12) consecutive months identified by the Board of Trustees of the Group. The initial fund year shall commence on January 1, and end on December 31, and each subsequent fund year shall commence on January 1, and end on December 31, unless otherwise provided by the Board of Trustees of the Group. A fund year may be a period of greater or fewer than twelve (12) months if it is the first or last such year of the Fund or a year involving a change in the commencement or termination date of the fund year. The fund year and the fiscal year shall be the same. A “full fund year” shall mean a fund year with a period equal to or greater than twelve (12) months.

Fund Year means each year of the Fund commencing on 1 July and ending on 30 June in the calendar year following;

Examples of Fund Year in a sentence

• These obligations with respect to the Fund Year in question shall survive termination of this Agreement and any termination of the Member’s membership in the Group.

• Therefore, the Trustee is not able to direct how votes are exercised and the Trustee itself has not used proxy voting services over the Fund Year.

• The Member shall pay to the Fund its Annual Contribution as determined by the Board, within 14 days of the commencement of each Fund Year, or as otherwise agreed by the Administrationin writing.

• If deficit contributions in the Fund Year are less than £70m (increased by the Agreed Index) a top-up deficit contribution will be required.

• If deficit contributions in the Fund Year are more than £70m (increased by the Agreed Index) the excess may be used to offset any top-up deficit contribution required in any subsequent Fund Year.

More Definitions of Fund Year

Fund Year means the calendar year.

Fund Year means the year commencing 4.00pm on 30th June in each year and terminating 4.00pm on 30th June in the next following year, or as otherwise determined by the Board.

Fund Year means a period of 12 months ending on the 31st day of December, or on such other date as the Board may determine, and includes, if the Board determines another date, such period more or less than 12 months as the Board determines;

Fund Year means the fiscal year used by an association for the purposes of financial reporting.

Fund Year means the Fund's fiscal year of July 1st through June 30th.

Fund Year means a multiple employer welfare arrangement's twelve-month fiscal year.

Fund Year means a period of twelve months ending on 30 June each year or such other date as the Trustee may determine from time to time.