Applicable Recovery Period definition

Applicable Recovery Period means the three completed fiscal years immediately preceding the Restatement Date for a Financial Restatement. In addition, in the event the Company has changed its fiscal year: (i) any transition period of less than nine months occurring within or immediately following such three completed fiscal years shall also be part of such Applicable Recovery Period and (ii) any transition period of nine to 12 months will be deemed to be a completed fiscal year.

Applicable Recovery Period means, with respect to a Material Restatement, the three completed fiscal years preceding the Restatement Date of that Material Restatement (including as a fiscal year any transition period of between nine and twelve months due to the Company’s changing its fiscal year). The Applicable Recovery Period will not be dependent on if or when the restated financial statements are filed.

Applicable Recovery Period means with respect to a Material Financial Restatement, the three (3) completed fiscal years immediately preceding the Restatement Date for such Material Financial Restatement.

Examples of Applicable Recovery Period in a sentence

• Three-Year Applicable Recovery Period for Depreciation of Qualified Energy Management Devices............................................................................................

• IRC Section 163(k) – Applicable Recovery Period for Real Property (TCJA Sec.

• In the event the Company is required to prepare an accounting restatement of its financial statements due to the Company’s material noncompliance with any financial reporting requirement under the securities laws, the Compensation Committee of the Board (the “Committee”) will reasonably promptly recover any excess Incentive Compensation received by any Covered Executive during the Applicable Recovery Period.

• In addition, in the event the Company has changed its fiscal year: (i) any transition period of less than nine months occurring within or immediately following such three completed fiscal years shall also be part of such Applicable Recovery Period and (ii) any transition period of nine to 12 months will be deemed to be a completed fiscal year.

• IRC Section 168 – Applicable Recovery Period for Real Property (TCJA Sec.

More Definitions of Applicable Recovery Period

Applicable Recovery Period means with respect to a Material Financial Restatement, the 3 completed fiscal years immediately preceding the Restatement Date for such Material Financial Restatement. In addition, if the Company has changed its fiscal year: (i) any transition period of less than 9 months occurring within or immediately following such 3 completed fiscal years shall also be part of such Applicable Recovery Period and (ii) any transition period of 9 to 12 months will be deemed to be a completed fiscal year.

Applicable Recovery Period means with respect to a Material Financial Restatement, the three completed fiscal years immediately preceding the Restatement Date for such Material Financial Restatement and any transition period (that results from a change in the Company’s fiscal year) of less than nine months within or immediately following those three completed fiscal years.

Applicable Recovery Period means, for a Restatement, the three completed fiscal years immediately preceding the Restatement Date. EXHIBIT 10.11

Applicable Recovery Period means the three completed fiscal years immediately preceding the Restatement Date for an Accounting Restatement. In addition, in the event the Company has changed its fiscal year: (i) any transition period of less than

Applicable Recovery Period means, with respect to a Material Financial Restatement, the three completed fiscal years immediately preceding the earlier to occur of: (i) the date the Company’s Board of Directors or the Audit Committee of the Board concludes, or reasonably should have concluded, that the Company is required to prepare the Material Financial Restatement or (ii) the date a court, regulator or other legally authorized body directs the Company to prepare the Material Financial Restatement. In addition, if the Company has changed its fiscal year: (1) any transition period of less than nine months occurring within or immediately following such three completed fiscal years will also be part of such Applicable Recovery Period and (2) any transition period of nine to 12 months will be deemed to be a completed fiscal year.

Applicable Recovery Period means with respect to a Material Financial Restatement, the three completed fiscal years immediately preceding the Restatement Date for such Material Financial Restatement. In addition, in the event the Company has changed its fiscal year: (i) any transition period of less than nine months occurring within or immediately following such three completed fiscal years shall also be part of such Applicable Recovery Period and (ii) any transition period of nine to 12 months will be deemed to be a completed fiscal year. “Applicable Rules” means any rules or regulations adopted by the Exchange pursuant to Rule 10D-1 under the Exchange Act and any applicable rules or regulations adopted by the SEC pursuant to Section 10D of the Exchange Act.

Applicable Recovery Period means with respect to a Material Financial Restatement, the three completed fiscal years immediately preceding the Restatement Date for such Material Financial Restatement. In addition, in the event the Company has changed its fiscal year: