Valuation Year definition

Valuation Year means the 12 month period commencing on April 1 of a calendar year and ending on March 31 of the immediately following calendar year.
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Valuation Year means the 12-month period ending each December 31st, except that the first Valuation Year shall be the 6-month period ending December 31, 2007.
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Examples of Valuation Year in a sentence

  • If at any time the Property has more than one owner, any Payment for Municipal Services due under this Agreement for any Valuation Year shall be allocated among the owners jointly and severally.

  • The balance of the Payment for Municipal Services shall be due on July 31 of the year after the Valuation Year.

  • The Chair of the meeting is not entitled to inquire as to whether the proxy has cast any vote in accordance with the wishes of the Member appointing the proxy.

  • During the first quarter of the year 2006 with the completion of branch rollouts, a major milestone of the automation project was achieved.

  • The Company Name, Valuation Year and NAIC number must appear on every page of the AoVR.

  • The Village and Owner acknowledge and agree that this Payment for Municipal Services would constitute a reasonable and appropriate means of carrying out the intent of the parties and would fairly and reasonably compensate the Village for the municipal services provided during the Valuation Year.

  • The Payment for Municipal Services shall constitute payment for municipal services provided with respect to the Property during the Valuation Year.

  • Following the termination of Tax Increment District No. 5, the Village shall allocate any Payments for Municipal Services made pursuant to this Agreement to all taxing jurisdictions in which the Property is located or to which the Property is subject for the Valuation Year, based on each taxing jurisdiction’s mil rate.

  • HISTORICAL FUNDING STATUSAGGREGATE PENSION FUND ACTUARIAL LIABILITIES AND ASSETS (1)Actuarial Valuations as of July 1, 2006 through July 1, 2012 (in Millions) Valuation Year Ending June 30, Actuarial Value of Assets Actuarial Accrued Liability Unfunded Actuarial Accrued Liability (UAAL) Funded Ratio Market Value of Assets State 2006.

  • Changes since Previous Valuation Year (2014) The Cowra LGA was a General Valuation last year, 2014.

Related to Valuation Year

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Election Year means a year in which ordinary elections for local governments are required to be held;

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • taxation year means the calendar year to which an assessment roll applies for the purposes of taxation;

  • Limitation Year means the Plan Year.

  • Termination Year means the calendar year in which the Employment Period is terminated.

  • Production Year means the 12- month period between September 1 of one year and August 31 of the following year, inclusive.

  • transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;

  • Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.

  • Open Year has the meaning specified in Section 4.01(r)(iii).

  • Plan Year means the calendar year.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Valuation Date means any day during the Plan Term where the Plan or the Securities are valued according to prevailing market conditions on that day.

  • Valuation Period shall have the meaning specified in Section 14.04(c).

  • Comparison Year is defined as each calendar year during the term of this Lease subsequent to the Base Year; provided, however, Lessee shall have no obligation to pay a share of the Operating Expense Increase applicable to the first twelve (12) months of the Lease Term (other than such as are mandated by a governmental authority, as to which government mandated expenses Lessee shall pay Lessee's Share, notwithstanding they occur during the first twelve (12) months). Lessee's Share of the Operating Expense Increase for the first and last Comparison Years of the Lease Term shall be prorated according to that portion of such Comparison Year as to which Lessee is responsible for a share of such increase.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

  • Relevant Year t means the Financial Year for the purposes of which any calculation falls to be made; "Relevant Year t-1" means the Financial Year preceding Relevant Year t, and similar expressions shall be construed accordingly;

  • Taxable Wage Base means the contribution and benefit base in effect under Section 230 of the Social Security Act at the beginning of the Plan Year.

  • Average Annual Compensation For the purposes of this Agreement, “Average Annual Compensation” shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;

  • Taxable Year means a taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of state or local tax law, as applicable (and, therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or after the IPO Date.

  • Average final compensation means the average annual creditable compensation of a member during