preceding calendar year definition

preceding calendar year means the full calendar year preceding the July 1 on which pensions are being adjusted.
preceding calendar year means the full
preceding calendar year. (對上公曆年) means the calendar year preceding the calendar year mentioned in subsection (1)(a), (b) or (c);

Examples of preceding calendar year in a sentence

  • As soon as practicable following January 1 of each of the four calendar years commencing with the year following the Grant Year, the Company shall determine the XXX for the Preceding Calendar Year.

  • For each subsequent calendar year, the Minimum XXX Target shall mean the greater of 10.5% XXX or the highest XXX computed for any Preceding Calendar Year since and including the Grant Year, provided that if a limitation on vesting is imposed by Section 4.2(d) below, the Minimum XXX Target shall be the XXX Target that correlates to the level to which Vesting became restricted in the Preceding Calendar Year.

  • If the XXX for a calendar year, when determined in accordance with Section 4.1, equals or exceeds the Minimum XXX Target for that year, then a percentage of the Grant Shares shall vest based on the XXX Target for that calendar year (but not including the XXX Target achieved in any Preceding Calendar Year).


More Definitions of preceding calendar year

preceding calendar year. (對上公曆年) means the calendar year preceding the calendar year in which the conduct mentioned in subsection (1) is engaged in;
preceding calendar year means the
preceding calendar year means the immediately preceding period, January 1 through December 31.
preceding calendar year means the full calendar year preceding the July 1 on which a benefit is to be adjusted.
preceding calendar year means the calendar year immediately preceding the calendar year in which an applicant makes an application under subsection (2) for a certificate;
preceding calendar year has the meaning set forth in Section 8.02(b).
preceding calendar year means the calendar year immediately preceding the reporting