Initial Computation Period definition

Initial Computation Period means the Computation Period beginning January 1, 2006.
Sample 1

Examples of Initial Computation Period in a sentence

  • For the purposes of this subparagraph (c)(1), the “Initial Computation Period” is the initial eligibility computation period as defined in Section 2.8, except that an Employee who terminates Covered Employment or Contiguous Non- covered Employment shall not have a new Initial Computation Period beginning on his re-employment commencement date, unless he has incurred a Permanent Break in Service as set forth in Section 6.4(b)(2).

  • For ELIGIBILITY purposes, the first Year of Service shall be computed using the 12 month period commencing on the Employee's date of hire and ending on the first annual anniversary of the Employee's date of hire (the "Initial Computation Period").

  • For the purposes of subparagraph (b)(2) of this section, if an Employee completes at least 1000 Hours of Service in both his Initial Computation Period and the calendar year that next begins after his employment commencement date, he shall be credited with 2 years of Vesting Service in place of the vesting service that would otherwise be credited under subparagraph (b)(2) of this section for the calendar year in which he commenced employment and the following calendar year.

  • Section 6.8 Maximum Service‌No Employee or Participant shall receive more than 1 full year of Vesting Service or Benefit Accrual Service in any single calendar year, except in connection with the Initial Computation Period as set forth in Section 6.6(c)(2).

  • In the case of an Employee whose Employment terminates and who completes no more than 500 Hours of Service during the Initial or Subsequent Computation Periods prior to becoming a Participant in the Program, such Employee shall be treated as a new Employee with a new Initial Computation Period on the date the Employee first commences service as an Employee of the Employer after such Initial or Subsequent Computation Period.

  • Further, the dollar value of certain activities may not accurately reflect the positive impact that the activities provide to these communities.

  • For periods preceding the Effective Date, an Employee's Initial Computation Period shall be the twelve-month period commencing on his/her Employment Commencement Date or Reemployment Commencement Date (whichever is applicable) and an Employee's second Computation Period (and all subsequent periods) shall be the Plan Year that includes or starts on the same day as the first anniversary of his/her Employment Commencement Date or Reemployment Commencement Date (whichever is applicable).

  • For periods preceding January 1, 1994, an Employee's Initial Computation Period shall be the twelve-month period commencing on his/her Employment Commencement Date or Reemployment Commencement Date (whichever is applicable) and an Employee's second Computation Period (and all subsequent periods) shall be the Plan Year that includes or starts on the same day as the first anniversary of his/her Employment Commencement Date or Reemployment Commencement Date (whichever is applicable).

  • For ELIGIBILITY purposes, the first Year of Service shall be computed using the 12 month period Page 82 83 commencing on the Employee's date of hire and ending on the first annual anniversary of the Employee's date of hire (the "Initial Computation Period").

  • The Agreed Purchase Commitment shall be * Anchors during the Initial Computation Period, and * Anchors during each succeeding Computation Period thereafter.

Related to Initial Computation Period

  • Computation Period means each period of four consecutive Fiscal Quarters ending on the last day of a Fiscal Quarter.

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • Computation Date is defined in Section 2.04.

  • Eligibility Computation Period means a 12-consecutive month period beginning with your first day of employment. Any succeeding Eligibility Computation Period will then switch to the Plan Year, beginning with the Plan Year that includes your first anniversary of employment. You will generally earn an hour of service for each hour you are paid for the performance of duties for the Company (however, numerous exceptions and special rules apply).

  • Initial compliance period means the first full three-year compliance period which begins at least 18 months after promulgation, except for the following contaminants: Dichloromethane; 1,2,4-Trichlorobenzene; 1,1,2- Trichloroethane; Benzo[a]pyrene; Dalapon; Di(2-ethylhexyl adipate; Di(2-ethylhexyl) phthalate; Dinoseb; Diquat; Endothall; Endrin; Glyphosate; Hexachlorobenzene; Hexachlorocyclopentadiene; Oxamyl (Vydate); Picloram; Simazine; 2,3,7,8-TCDD (Dioxin); Antimony; Beryllium; Cyanide; Nickel; and Thallium, initial compliance period means the first full three-year compliance period after promulgation for systems with 150 or more service connections (January 1993 -December 1995) and first full three-year compliance period after the effective date of regulation (January 1996 - December 1998) for systems having fewer than 150 service connections.

  • Allocation Period means (a) the period commencing on February 10, 2016 and ending on December 31, 2016, (b) any subsequent period commencing on January 1 and ending on the following December 31, or (c) any portion of the period described in clause (a) or (b) for which the Partnership is required to allocate Net Profits, Net Losses, and other items of Partnership income, gain, loss or deduction pursuant to ARTICLE IV.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Acquisition Period means any period commencing on the date that a Material Acquisition is consummated through and including the last day of the second full fiscal quarter following the date on which such acquisition is consummated; provided that there shall be at least one full fiscal quarter between any two Acquisition Periods.

  • Determination Period means the period from and including a Determination Date in any year to but excluding the next Determination Date; and

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Reconciliation Period is each calendar month.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Rolling Period means, as of any date, the four Fiscal Quarters ending on or immediately preceding such date.

  • Interest Commencement Date means the Issue Date of the Notes or such other date as may be specified as the Interest Commencement Date in the relevant Final Terms;

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • Tax Limitation Period means the Tax Years for which the Applicant’s Qualified Property is subject to the Tax Limitation Amount and as further identified in Section 2.3.D of this Agreement.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).