Calculation Year definition

Calculation Year means the Company's fiscal year immediately preceding the year for which the Performance Recognition Pool is being calculated.

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Calculation Year means the year preceding an obligation year;

Calculation Year means the calendar year ending immediately prior to the calendar year in which an Anniversary Date falls.

Examples of Calculation Year in a sentence

Eligible Employees are defined as ALL employees (not just members of this bargaining unit) paid through the Special Education Fund who are employed by the Employer as of the November payment date and who worked during the fiscal year on which the Budget Savings calculation is based (the Calculation Year).
Subject to the provisions of the first sentence of Section 3.2 of the Agreement, if the Earnings AGR for the Calculation Year applicable to an Anniversary Date equals or exceeds six percent (6%), Grantee may, on and after such Anniversary Date, exercise the Option with respect to that percentage of the Anniversary Date Option Amount that corresponds to the Earnings AGR in the following chart.
If the estimated Royalty Payment for a Royalty Calculation Year changes from one quarter to the next, then the amount that WSI will deposit into the Royalty Reserve Annual Account during the quarter in which such estimate is changed will be adjusted to make up for the shortage (in the case of an increase in the estimate) or excess (in the case of a decrease in the estimate) in the amount or amounts deposited in such Royalty Reserve Annual Account in prior quarters of such Royalty Calculation Year.
No portion of the Option shall become exercisable on an Anniversary Date unless the Earnings CGR for the Calculation Year applicable to that Anniversary Date equals or exceeds five percent (5%).
The receipt by Stonehouse of the Scale-Down Fee will not affect Stonehouse’s right to receive a Royalty Payment for the Royalty Calculation Year in which the Scale-Down Transaction occurs, and such Royalty Payment will be based upon a calculation of WorldSpace EBITDA that takes such Scale-Down Transaction into account in accordance with the definition of “WorldSpace EBITDA” in Section 1.01.

More Definitions of Calculation Year

Calculation Year means the fiscal year for which a Medicaid offset amount is calculated.

Calculation Year means each calendar year during which a Calculation Date falls.

Calculation Year means the 26 pay periods (or in some years 27 pay periods) falling between 1 October and 30 September as advised annually.

Calculation Year. (“blwyddyn gyfrifo”) means the calendar year preceding an obligation year;

Calculation Year means, for the first Calculation Year for any Debenture, the

Calculation Year means the twelve (12) month period commencing on the Commencement Date and each successive twelve (12) month period.

Calculation Year means, initially, the period from the date of Closing to the first anniversary of Closing and, thereafter, each twelve-month period commencing on [April 15] and ending on the next [April 14].