FY Semester definition

FY Semester means a semester of the fiscal year of the Borrower (April 1-September 30 or October 1-March 31).

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Examples of FY Semester in a sentence

• Each Project Report shall cover the period of one FY Semester, and shall be furnished to the Bank not later than sixty days after the end of the period covered by such report.

• Each such Project Report shall cover the period of one FY Semester, and shall be furnished to the Borrower not later than thirty days after the end of the period covered by such report for incorporation and forwarding by the Borrower to the Bank of the overall Project Report.

• Without limitation on the provisions of Part A of this Section, the Borrower shall prepare and furnish to the Bank not later than 45 days after the end of each FY Semester, interim unaudited financial reports for the Project covering the six- month period, in form and substance satisfactory to the Bank.

• Without limitation on the provisions of Part A of this Section, the Borrower shall prepare and furnish to the Bank not later than 45 days after the end of each FY Semester, interim unaudited financial reports for the Project covering the six-month period, in form and substance satisfactory to the Bank.