Examples of Preceding year in a sentence
At the beginning of each subsequent year hereunder the parties will consult together in good faith and agree on the Annual Market Potential applicable to that year; provided, however, that if they cannot agree, the Annual Market Potential for the immediately Preceding year will apply to the current year.
At the beginning of each subsequent year the parties will consult together in good faith and agree on the Annual Market Potential applicable to that year; provided, however, that if they cannot agree, the Annual Market Potential for the immediately Preceding year will apply to the current two years.
Preceding year Net operating profit after tax (“NOPAT”) computation:Earnings before interest and tax (“EBIT”)Adjusted taxNOPAT Economic charge computation: Average invested capital 1Weighted average cost ofcapital (“WACC”) (%) 2 The EP statement is as prescribed under the Government Linked Companies (“GLC”) Transformation program, and is disclosed on a voluntary basis.
Preceding year will be calculated effective from the validity month mentioned on the EMI Network Card.
Preceding year Compensation will be, $160,000.00, and shall increase at a rate of $40,000.00 per year or 3% of gross sales whichever is greater, at the option of Service Provider.