Recovery Period definition

Recovery Period means the three completed fiscal years immediately preceding the date that the Company is required to prepare the accounting restatement described in this Policy, all as determined pursuant to Rule 10D-1, and any transition period of less than nine months that is within or immediately following such three fiscal years.

Recovery Period means the three completed fiscal years immediately preceding the date on which the Company is required to prepare a Restatement, which date is the earlier of (i) the date the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare a Restatement or (ii) a date that a court, regulator, or other legally authorized body directs the Company to prepare a Restatement.

Recovery Period means the three completed fiscal years immediately preceding the date that the Company is required to prepare the applicable Accounting Restatement and any “transition period” as described under Rule 10D-1 and the Listing Standards. For purposes of this Policy, the “date that the Company is required to prepare the applicable Accounting Restatement” is the earlier to occur of (i) the date the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (ii) the date a court, regulator, or other legally authorized body directs the Company to prepare an Accounting Restatement.

Examples of Recovery Period in a sentence

• Gas Networks Ireland shall recover such costs from the Company through payments made or to be made in respect of amounts as specified in Clause 10.1.1 through 10.1.5 (inclusive) and through the Revenue Requirement in respect of the Committed Gas Flow during the Capital Recovery Period.

• Once the date on which the Connection Facilities are or will become Operational is determined (or, otherwise agreed by the parties), and the Capital Recovery Amount has been determined, the Revenue Requirement and the Required Financial Security for each year of the Capital Recovery Period will be calculated for the purpose of this Connection Agreement and notified to the Company.

• Table 1 below sets out an example of; The Annual Committed Gas Flow and Revenue Requirement in respect of each year of a Capital Recovery Period in each case based on the worked example of the Capital Recovery Amount referred to in Part 1 and on the same assumptions.

• Buyer shall have no further rights to take Gas during the Recovery Period after it has taken such remaining Make Up Gas, and after such remaining Make Up Gas has been delivered, the Recovery Period shall be deemed to have expired.

• In circumstances where the Financial Security put in place in compliance with this Clause 9 is due to expire prior to expiration of the Pre-operational Phase or the Capital Recovery Period (as the case may be) (the “Expiring Security”), the Company shall ensure that replacement security (on the same terms as the Expiring Security) is put in place by not later than one month prior to the date on which the Expiring Security is due to expire with an effective date to be approved by Gas Networks Ireland.

More Definitions of Recovery Period

Recovery Period means the three completed fiscal years immediately preceding the Restatement Date and any transition period (that results from a change in the Company’s fiscal year) of less than nine months within or immediately following those three completed fiscal years.

Recovery Period means the three completed fiscal years immediately preceding the earlier of: (A) the date the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement; or (B) the date a court, regulator, or other legally authorized body directs the Company to prepare an Accounting Restatement. In addition, if there is a change in the Company’s fiscal year end, the Recovery Period will also include any transition period to the extent required by Rule 5608.

Recovery Period means the three completed fiscal years of the Company immediately preceding the date the Company is required to prepare an Accounting Restatement; provided that the Recovery Period shall not begin before the Effective Date. For purposes of determining the Recovery Period, the Company is considered to be “required to prepare an Accounting Restatement” on the earlier to occur of: (i) the date the Company’s Board of Directors, a committee thereof, or the Company’s authorized officers conclude, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (ii) the date a court, regulator, or other legally authorized body directs the Company to prepare an Accounting Restatement. If the Company changes its fiscal year, then the transition period within or immediately following such three completed fiscal years also shall be included in the Recovery Period, provided that if the transition period between the last day of the Company’s prior fiscal year end and the first day of its new fiscal year comprises a period of nine to 12 months, then such transition period shall instead be deemed one of the three completed fiscal years and shall not extend the length of the Recovery Period.

Recovery Period shall refer to the period of up to One (1) Month after the End Date of this Agreement in which the Buyer can offtake Makeup Gas quantity if any remaining with the Buyer and subject to availability of Gas with the Sellers.

Recovery Period means, subject to Clause 10(d), the period commencing at the end of the Term and continuing for a number of Days equal to the lower of:

Recovery Period means, with respect to any Accounting Restatement, the Company’s three completed fiscal years immediately preceding the Restatement Date (as defined below) and any transition period (that results from a change in the Company’s fiscal year) of less than nine months within or immediately following those three completed fiscal years.

Recovery Period means the period specified in the Customer Portal, which commences upon expiry of the earlier of the Cease Time, the Maximum Utilisation Period or relevant Accepted Arming Window or Accepted Availability Window (as relevant), for which the Site(s) / CMZ Group is not available to be despatched;