Prior Year Clause Samples
The "Prior Year" clause defines how information, obligations, or calculations related to the previous fiscal or calendar year are handled within an agreement. Typically, this clause specifies which data or performance metrics from the preceding year are relevant for current contractual purposes, such as determining bonuses, setting benchmarks, or calculating adjustments. By clearly referencing the prior year, the clause ensures consistency and clarity in applying historical data, thereby preventing disputes over which time period's information should be used.
Prior Year. Billing Units shall equal the BU, as defined in Attachment 1, for the prior calendar year.
Prior Year. 1. State goals and objectives and other significant accomplishments achieved during this evaluation period.
2. State goals and objectives, which were not accomplished during this evaluation period, include reasons or causes, which prevented the accomplishment of each goal and objective.
Prior Year. Section 10.9(h)........................................56
Prior Year. “Prior Year” has the meaning given to it in Subsection 6(c)(i).