Experience Year definition

Experience Year means the period from and including October 1 of a calendar year to and including September 30 of the next succeeding calendar year, with the first Experience Year commencing on [****] and ending on [****]. Unless otherwise specified, the Company Action Level Risk Based Capital and all other amounts will be calculated as of September 30 of that calendar year (which is immediately prior to the Dividend Declaration Date). [****]. If all of the following conditions are met, an annual dividend in an amount not to exceed the Dividend Amount may be declared and paid, subject to Section 6.01(j) and the Priority of Payments (such conditions, the “Dividend Test”): [****]
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Experience Year for a group policy, means a 12-month period ending on the policy anniversary or renewal date or on a calendar year end. Experience year for individual policies or a case means a calendar year. Experience for a given case shall be reported consistently from year to year.
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Experience Year means the twelve consecutive months ending
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Examples of Experience Year in a sentence

  • Work Experience (Year 2) The provider will arrange and facilitate one of the following work experience options for the learners consisting of a minimum of 35 hours to be discussed and agreed with the ECITB: Simulated workplace project such as a turnaround or shut down, A supervised work placement with an employer.

  • Experience (Year of effective teaching) credit earned by teachers participating in a job share shall be granted as stipulated in the Master Contract and in accordance with Indiana law.

  • Experience (Year of Effective Teaching)  One unit shall be earned after a teacher successfully completes one year of experience (effective teaching) as defined by INPRS (120 paid days).

  • Experience (Year of Effective Teaching) One unit shall be earned after a teacher successfully completes one year of experience (effective teaching) as defined by INPRS (120 paid days).

  • With over 250 participating companies, the Professional Experience Year (PEY) program is the oldest and largest paid internship program in Canada.


More Definitions of Experience Year

Experience Year means the twelve consecutive months ending on June thirtieth;
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