Qualifying Fiscal Year definition

Qualifying Fiscal Year is defined as follows:
Qualifying Fiscal Year is defined as follows: When Performance Goals are achieved, Incentive Bonuses will be paid to eligible employees in each Occupational Group at the end of a fiscal quarter during which goal(s) were achieved. A
Qualifying Fiscal Year means the fiscal year ending on or nearest to January 3, 2004, and each fiscal year thereafter. Notwithstanding the foregoing, (a) if, to the extent the aggregate amount of Capital Expenditures made during any fiscal year shall exceed the aggregate amount permitted to be made during such fiscal year pursuant to the preceding paragraph, the Borrower shall nevertheless not be deemed to have breached this Section 9.17 if such excess is not greater than the Excess Capital Expenditure Amount for the immediately preceding fiscal year and (b) Capital Expenditures made by the Borrower and its Restricted Subsidiaries shall not exceed U.S. $70,000,000 in any fiscal year. Within 60 days from the end of each fiscal year, the Borrower shall furnish to the Administrative Agent a certificate of a senior financial officer of the Borrower setting forth in reasonable detail the aggregate amount of Capital Expenditures made by the Borrower and its Restricted Subsidiaries during such respective fiscal year."

Examples of Qualifying Fiscal Year in a sentence

  • Part-time Operators must have worked at least 1,000 hours in each Qualifying Fiscal Year in revenue service, and received no more than three (3) PSR’s.

  • Part-time Operators must have worked at least 1,000 hours in each Qualifying Fiscal Year in revenue service, and experienced no more than three (3) accidents, none of which can be avoidable.

  • To qualify for this incentive bonus, each full-time Operator must have actually worked at least 1,600 hours in each Qualifying Fiscal Year in revenue service, and have received no more than four (4) PSR’s.

  • To qualify for this incentive bonus, each full-time Operator must have actually worked at least 1,600 hours in each Qualifying Fiscal Year in revenue service, and have experienced no more than four (4) accidents, none of which can be avoidable.

  • For purposes hereof, a "Qualifying Fiscal Year" shall mean the fiscal year ending on or nearest to January 3, 2004, and each fiscal year thereafter.

  • To qualify for this incentive bonus, each full-time Operator must have actually worked at least 1,600 hours in each Qualifying Fiscal Year in revenue service, and have experienced no more than four (4) accidents, none of which can be chargeable.

  • All full-time qualifying 9163 Transit Operators, as defined above, shall receive an additional $ 250.00 ($125.00 for part-time Operators) Accident Prevention Bonus following each Qualifying Fiscal Year in which there was at least a fifteen (15%) reduction in the total number of accidents experienced by the Division to which they are assigned at the end of the Qualifying Fiscal Year.

  • Improving morale of MUNI employees PREAMBLE To encourage all 9163 Transit Operators to maintain excellent customer service the following customer service incentive programs are established: All full-time qualifying 9163 Transit Operators shall receive a $150.00 ($75.00 for part-time Operators) Customer Service Bonus following each Qualifying Fiscal Year in which there was at least a ten percent (10%) reduction in the total number of Passenger Service Reports (PSR’s) received by MUNI.

  • Part-time Operators must have worked at least 1,000 hours in each Qualifying Fiscal Year in revenue service, and experienced no more than three (3) accidents, none of which can be chargeable.

  • All full-time qualifying 9163 Transit Operators shall receive a $150.00 ($75.00 for part-time Operators) Customer Service Bonus following each Qualifying Fiscal Year in which there was at least a ten percent (10%) reduction in the total number of Passenger Service Reports (PSR’s) received by MUNI.


More Definitions of Qualifying Fiscal Year

Qualifying Fiscal Year is defined as follows: July 1 through June 30