Prior Years definition

Prior Years. Surplus" means, with respect to any particular Fiscal Year, the aggregate amount on deposit in the Rate Stabilization Fund and the Depreciation Fund at the beginning of such Fiscal Year.
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Prior Years means any fiscal year of Pre-Arrangement Nortel prior to the 2000 fiscal year.
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Prior Years. Annual Note Payment Amount” means the dollar amount equal to the higher Annual Aggregate Note Payment Amount determined for each of the
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Examples of Prior Years in a sentence

  • The change in the CPI shall be determined by multiplying the existing customer rates by a fraction (a) the numerator of which is the difference between (i) the CPI for the last full calendar year, and (ii) the CPI for the last full calendar year for the preceding year (the “Prior Year’s CPI”), and (b) the denominator of which is the Prior Year's CPI.

  • The provisions for taxes included in the Most Recent Balance Sheet and in the Prior Years Financial Statements were sufficient for the payment of all accrued and unpaid federal, state and local income, withholding, social security, unemployment, excise, real property, tangible personal property, intangible personal property and other taxes of Merging Entity, whether or not disputed, for the periods reflected, and for all years and periods prior thereto.

  • Rationale: Prior Years there was a higher turnover in staff due to multiple changes in leadership and Educational Service Provider; additionally, 67% of the teachers were uncertified in 2018- 2019.

  • The Prior Years Financials present fairly the financial position and results of operations of the Company as of the indicated dates and for the indicated periods and have been prepared in accordance with GAAP consistently applied.

  • In addition, during the two (2) year period following the third anniversary of the Effective Date, Tsumura shall be entitled at no additional charge, to additional Support in the amount of the accumulated Prior Year's Unused Support, if any.

  • SCA and LTM wish to provide for procedures to be followed and for the allocation and payment of consolidated U.S. federal income tax liabilities of the SCA Group for Prior Years and the Current Year, and with respect to consolidated, combined or unitary state income, franchise or capital tax liabilities, for Prior Years, the Current Year and for Future Years, and to provide for certain other tax-related matters.

  • In Year 2 and Year 3, in addition to the committed amount of Support specified in Section 12.1.2, Tsumura shall be entitled at no additional charge, to additional Support in the amount of the accumulated Prior Year's Unused Support, if any.

  • For the purposes of this Section, the "Prior Year's Unused Support" shall mean the lessor of (i) one-half (1/2) of the committed amount of Support specified in Section 12.1.2 for the prior year and (ii) the difference between the committed amount of Support specified in Section 12.1.2 for the prior year and the amount of Support actually provided by Phytera during the prior year.

  • The amount of the Prior Year's Unused Support shall be cumulative.

  • Monthly thereafter until adjustment is made the following year pursuant to this paragraph, Tenant shall pay together with the monthly Base Rent one-twelfth (1/12) of any such Prior Year's Increase.


More Definitions of Prior Years

Prior Years refers to the number of years prior to the date hereof that an asset was placed in service.
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Related to Prior Years

  • Prior Year means the year commencing 1 April immediately prior to the relevant Charging Year;

  • Plan Year(s) means the approximate twelve-month periods between annual meetings of the shareholders of the Company, which, for purposes of the Plan, are the periods for which annual retainers are earned.

  • Current year means the financial year, which has already commenced, but not yet ended;

  • Anniversary Year The one-year period beginning on the Closing Date and ending on the first anniversary thereof, and each subsequent one-year period beginning on the day after the end of the preceding Anniversary Year and ending on next succeeding anniversary of the Closing Date.

  • Years mean and refer to calendar year(s).