Annual Period definition

Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.
Annual Period means each one year period beginning on the Closing Date and each anniversary thereafter.
Annual Period has the meaning stated in Section 4.3(e).

Examples of Annual Period in a sentence

  • The amount to be surcharged or credited shall equal the eligible aggregate deficiency or excess for all months during the Annual Period determined in accordance with the provisions herein, divided by the Forecast Annual Usage for the Customer Class Group.

  • The Servicer will pay the Asset Representations Reviewer as compensation for acting as the Asset Representations Reviewer under this ARR Agreement, an annual fee (the “Annual Fee”) with respect to each Annual Period prior to the termination of the Issuing Entity, in an amount equal to $5,000 upon receipt of a written invoice therefor from the Asset Representations Reviewer.

  • Recovery of non-weather related margin deficiency will be limited to the smaller of (1) the level of BGS savings achieved when such savings are less than 75 percent of the non-weather related margin deficiency, i.e. BGS savings test, and (2) 6.5 percent of variable margins for the CIP Annual Period, i.e., Variable Margin Revenue recovery limitation.

  • At the end of the Annual Period, a calculation shall be made that determines for each Customer Class Group the deficiency or excess to be surcharged or credited to customers pursuant to the CIP mechanism.

  • For the final Annual Period, upon notice from the Servicer, the Annual Fee shall be pro-rated to the remaining term.


More Definitions of Annual Period

Annual Period means the period from and including the Issue Date to and excluding the first Anniversary Date and each subsequent period from and including the immediately preceding Anniversary Date to and excluding the next following Anniversary Date.
Annual Period means the inclusive period from 1 July until 30 June in the following year;
Annual Period means the inclusive period from 1 January until 31 December in the same year;
Annual Period means the inclusive period from 1 April until 31 March in the following year;
Annual Period means the 12-month period commencing on December 1 and ending on November 30.
Annual Period means the time period of each year beginning on the first day of the Employment Term and ending on the day before the anniversary of that date.
Annual Period means the twelve (12) month period commencing from the start date or each anniversary of the start date thereafter (as the case may be);