Funding Year definition

Funding Year means in the case of the first Funding Year, the period commencing on the Effective Date and ending on the following March 31, and in the case of Funding Years subsequent to the first Funding Year, the period commencing on the date that is April 1 following the end of the previous Funding Year and ending on the following March 31;

Funding Year means a period of 12 months starting on 1 August and ending on 31 July;

Funding Year means the period commencing January 1st of one calendar year and ending December 31st of the same calendar year.

Examples of Funding Year in a sentence

• Once a Funding Year payment amount has been agreed upon, the Co-Permittee may, at its option, pay the entire agreed-upon amount in a single lump sum on or before November 15 of that particular Funding Year, or in twelve (12) equal monthly installments commencing on October 15th of that Funding Year and thereafter on the 15th day of each subsequent month during that Funding Year (such payment dates also being hereinafter referred to as “Payment Due Date(s)”).

• The term of this Agreement begins as of the date it is signed by the last of the parties, and shall continue from year to year, subject to the annual Funding Year (as hereinafter defined) renewal process set forth in following Section 3.03, unless otherwise terminated in accordance with other provisions of this Agreement.

• The agreed upon unfunded and unexpected additional costs and expenses shall be paid either by a lump sum payment within thirty (30) days of their agreement in writing or divided by the remaining months of that particular Funding Year and paid to the Lead Permittee in equal monthly installments for the remainder of the subject Funding Year.

• In addition to the surplus funds referenced in Section 5.03 above, the parties agree that for the upcoming 2016/2017 Funding Year, the Co-Permittee has paid the Lead Permittee the sum of Thirty-One Thousand Nine Hundred Sixty-Nine dollars ($31,969.00), which sum represents payment of both the Lead Permittee’s Services for the upcoming Funding Year of this Agreement and the ten percent (10%) Reserve Fund Contingency required pursuant to Section 5.05.

• The parties agree that any surplus funds previously paid by the Co- Permittee to the Lead Permittee pursuant to any prior interlocal agreement it has entered into with the Lead Permittee involving a MS4 NPDES Permit shall be applied to and used for the provision of Lead Permittee Services during the next Funding Year period.

More Definitions of Funding Year

Funding Year means, for purposes of administering the

Funding Year means each twelve (12) month period from the commencement of the Funding Period.

Funding Year means the period commencing on the Effective Date and ending on the following December 31.

Funding Year means a period of 12 months starting on 1 August and ending on 31 July; “Future Transferring Employees” those employees of the Provider and/or the Provider’s Sub-Contractors to whom the Employment Regulations will apply on the Service Transfer Date;

Funding Year means, for purposes of administering the Oklahoma Universal Service Fund, the period of July 1 through June 30;

Funding Year means the state fiscal year, July 1 to June 30.

Funding Year meanç in the caçe of the firçt Funding Year, the period commencing on the January 1 prior to the Effective Date and ending on the foIIowing December 31, and in the caçe of Funding Yearç çubçequent to the firçt Funding Year, the period commencing on the date that iç January 1 foIIowing the end of the previouç Funding Year and ending on the following December 31.