Examples of First Financial Year in a sentence
Special Conditions 1 First Financial Year In the event of Damage occurring before the expiration of the first financial year of the Business the results of the Business to the date of the Damage shall be used as a basis upon which to assess the likely Annual Gross Income of the Business that would have been achieved in the first financial year had the Damage not occurred.
In the First Financial Year, the Council will make the contributions specified in Schedule 9 (and identified as "Non-Pooled Funds") to a Non-Pooled Fund established for that purpose.
Authority’s Financial Contribution for the First Financial Year will be based on the estimated forecast expenditure for the year 2014/15 which is approximately £785,000 for a full year.
The Submission of Annual Report w.r.t. Profit & Loss Account and Balance Sheet duly audited by a Chartered Accountant on or before 15th April of every next Financial Year w.e.f. the end of the First Financial Year of the O & M Contract period.
The Trust's Financial Contribution to the Pooled Fund for the First Financial Year is set out in Schedule 9.