transitional period definition

transitional period means the period starting on the commencement date and ending three months after that date.

transitional period means the period of time beginning on the

transitional period means period of 5 years beginning on the appointed day;

Examples of transitional period in a sentence

• The Post-Transitional Period shall commence on the first day of the month that immediately follows the last day of the Transitional Period.

• To the extent that as determined in the Closing Audit any net profits are generated by the Target Company during the Transitional Period or the net asset value increases as a result of other profits and losses incurred during the Transitional Period, PipeChina agrees that PetroChina is entitled to obtain such increased income through dividend distribution by the Target Company.

• The amount of dividends declared or distribution during the Transitional Period shall not be included into the Transaction Consideration.

• Dividend resolutions of the Target Company shall be declared prior to the Closing Date (including the very date), and the amount of dividends shall be determined on the basis of the amount of distributable profits attributable to the target equity generated during the Transitional Period as specified in the Closing Audit Report.

• PipeChina agrees that, the profits and losses generated by the Target Company in the Transitional Period shall belong to PetroChina.

More Definitions of transitional period

transitional period means the period beginning on 1 January 1999 and ending on 31 December 2001,

transitional period means the period starting on the commencement date and ending six months after that day.

transitional period shall have the meaning specified in Section 8.7(b).

transitional period means ten years from the date of application of the Agreement, for a product for which the tariff elimination schedules for goods originating in Colombia and Peru, as set out in Subsections 1 and 2 of Section B of Appendix 1 (Elimination of Customs Duties) of Annex I to the Agreement ("Tariff Elimination Schedule") provides for a tariff elimination period of less than ten years, or the tariff elimination period plus three years for a product for which the Tariff Elimination Schedule provides for a tariff elimination period of ten or more years.

transitional period means the period beginning on

transitional period means the period beginning on the day on which these regulations come into operation and —

transitional period means the period from the date of application of this Regulation as determined under Article 99(2) and (6) until the Fund reaches the target level or 1 January 2024, whichever is earlier;