Annual Date definition

Annual Date. Each annual date on which the Borrower is required to pay the Letter of Credit Fee to the Bank pursuant to Section 2.3(a).
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Annual Date means the first day on which the Common Stock is traded on the American Stock Exchange (or the Company's principal securities exchange or over-the-counter if the Common Stock is no longer traded on the American Stock Exchange) in July of each year.
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Annual Date shall refer to whichever of the following two days is closer in time to the Closing date: (a) the first day of the first month of the calendar quarter in which Closing occurs, or (b) the day following the last day of the third month of the calendar quarter in which Closing occurs. Each Earn-out Period listed on Exhibit D shall consist of the 12-month period immediately preceding the Annual Date of the year referenced in the first column on Exhibit D. For purposes of the formula set forth on Exhibit D, "Gross Revenues" for any given Earn-out Period consist of the sums accrued by Company and Subsidiary (as defined in Section 3.1) during such Earn-out Period representing payments due from customers in consideration of goods and services provided to such customers by Company and Subsidiary, as calculated in a manner consistent with the Company's audited financial statements for the period ending December 31, 2000 and attached hereto as Exhibit E and incorporated herein by reference; provided, however, that such Gross Revenues shall specifically (i) include revenues in respect of the Company or Subsidiary's (x) providing services to the Buyer's proprietary Scout Funds as listed on Exhibit F attached hereto; (y) fund accounting servicing of transferred Buyer portfolios as listed on Exhibit F attached hereto; and (z) any "Related UMB Revenue" (as defined below); and shall (i) exclude all reimbursements representing advances or expense reimbursements (including reimbursement for filing fees, printing, professional fees, etc.) due or received by Company or Subsidiary from customers and all other sums described as "Client Distribution Revenue" in Company's unaudited internal operating statements (a copy of which relating to the month of January, 2001 being attached hereto as Exhibit G and incorporated herein by reference), and (ii) be reduced, by the amount of any receivables that were previously included in the gross revenues of the Company and/or Subsidiary but were written off or otherwise determined to be uncollectable during the respective Earn-out Period ("Write-Offs"), all as determined in a manner consistent with generally accepted accounting principles ("GAAP"). Sellers agree and acknowledge that Buyer, as the owner of the Company, will have the right to accept or reject any business proposed to be conducted by the Company and to modify any pricing structures of the Company; provided, that such right of acceptance or rejection and right to modify shall be e...
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Examples of Annual Date in a sentence

  • The Annual Date of expiration of this Schedule A will be July 31st of each year.

  • We reserve the right to re-determine the Free Cover Limit on any Annual Date of Renewal.

  • This Agreement shall be in full force and effect from (Date of Ratification) to and including April 30, 2028 and shall continue in full force and effect from year to year, thereafter, unless written notice of desire to change, modify or terminate this Agreement is given by either party sixty (60) days prior to the Annual Date of Expiration.

  • For purposes of this subsection (c), the term "Annual Date" shall refer to whichever of the following two days is closer in time to the Closing date: (a) the first day of the first month of the calendar quarter in which Closing occurs, or (b) the day following the last day of the third month of the calendar quarter in which Closing occurs.

  • Inquiries or complaints regarding this private vocational school may be made to: Workforce Training and Education Coordinating Board ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Phone: ▇▇▇-▇▇▇-▇▇▇▇ Email: ▇▇▇▇@▇▇▇.▇▇.▇▇▇ Web: ▇▇▇.▇▇.▇▇▇ In compliance with the Workforce Training and Education Eligible Training Provider/Private Career School Annual Date Report, Providence is asking all students to voluntarily provide the following information.

  • If the Company requests a LIBOR Advance pursuant to clause (II) above, the Company shall, subject to subsection 2.05(c) hereof (i) repay such LIBOR Advance on the next Semi Annual Date, and (ii) the Creditor shall make a LIBOR Advance on such Semi Annual Date in an amount equal to the LIBOR Advance repaid on such date.

  • Each Earn-out Period listed on Exhibit D shall consist of the 12-month period immediately preceding the Annual Date of the year referenced in the first column on Exhibit D.

  • Annual Grants shall be made annually on the ------------- Effective Date and each anniversary thereof (the "Annual Date of Grant") commencing as of April 1, 1995, provided that if such date in any year is a date on which the national securities exchange or automated quotation system on which the Common Stock is traded is not open for trading, the grant shall be made on the first day thereafter on which the relevant exchange or quotation system is open for trading.

  • If the Company requests a LIBOR Advance and the Drawdown Date is not a Semi Annual Date, the Company in its Request for Financing shall either request that (I) the Creditor make a Prime Advance on the Drawdown Date and convert such Prime Advance into a LIBOR Advance on the next Semi Annual Date or (II) the Creditor make a LIBOR Advance on the Drawdown Date.

  • The Borrower may, by written request to the Bank not less than 60 and not more than 90 days prior to the Current Termination Date, request that the Revolving Credit Termination Date be extended to the Annual Date next subsequent to such Current Termination Date.


More Definitions of Annual Date

Annual Date means, during the first 365 days of the term of this ------------ Agreement, the date which is 364 days from and after the Closing Date, and thereafter, means the anniversary of such date in each succeeding year.
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Annual Date means October 31, 1999 and each October 31 thereafter.
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Annual Date means September 1 in each year.
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Related to Annual Date

  • Annual Period has the meaning stated in Section 4.3(e).

  • Annual Renewal Date : means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

  • Year means a calendar year.

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that 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 such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.