Measuring Year definition

Measuring Year has the meaning set forth in Section 2.2(b).
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Measuring Year means, for each Entity, its full fiscal year that ends with or immediately precedes the end of the respective Company fiscal year for which performance goals are being measured within the Performance Period;
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Measuring Year means each Fiscal Year through and including June 30, 2026; provided that the first Measuring Year shall be from the Closing Date through and including June 30, 2017.
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Examples of Measuring Year in a sentence

  • For each new Rate Year, the index value for the latest available calendar year (“Index Value for the Measuring Year”) will be compared to the index value for the calendar year immediately preceding the latest available calendar year (the Index Value for the Measuring Year -1”).

  • If any Peer ceases to be a public company during any Measuring Year (whether by acquisition, merger, consolidation, liquidation or otherwise), such Member shall be treated as if it were not a Peer for such Measuring Year and all remaining Measuring Years in the Performance Period.

  • Following the end of each Company Measuring Year in the Performance Period, the Company’s performance with respect to each of the Performance Goals shall be compared to that of the Peer Group.

  • If RequiredComplyDo Not Comply N/ASubstantiation: Bidder must provide details and registration confirmation with CIDB in terms of theCIDB Act 38 of 2000.

  • The amount of the bonus will be determined pursuant to the terms of this Agreement by the Board on or about the January 15 following the last day of the Measuring Year.

  • Such quarterly Annual Earn-Out Payments are subject to adjustment in the event the actual annual Pre-Tax Profits of the Corporations earned for the full Fiscal Measuring Year in question (as reviewed by the auditors for the Buyer in connection with their audit of the consolidated financial statements of DSH for such Fiscal Measuring Year) result in an increase or decrease of such quarterly Annual Earn-Out Payments made.

  • Step 1: For each of the three Indices, divide the Index Value for Measuring Year by the Index Value for the Measuring Year-1.

  • The Settlement resulted from over 5½ years of litigation and extensive arm’s-length mediated negotiations among Lead Plaintiff, Lead Counsel, and counsel for Defendants.

  • The Executive shall be entitled to an Annual Bonus of not less than 25% of his Base Salary if the Company and Executive meet or exceed the Performance Goals established for the pertinent Measuring Year.

  • Average Percentile Rank Payout Percentage 25% or less 200 % 30% 175 % 35% 150 % 40% 125 % 45% 110 % 50% 100 % 55% 90 % 60% 75 % 65% 50 % 70% 25 % More than 70% 0 % For purposes of this determination, the Average Percentile Rank for each Measuring Year shall be rounded to three decimal points.

Related to Measuring Year

  • Operating Year means the calendar year commencing January 1st of each year (including the calendar year within which the Commencement Date occurs) during the Term.

  • Qualifying year means the calendar year to which the qualifying certificate applies.

  • Preceding year means a period of 12 consecutive months fixed by the division

  • Vesting Year means a unit of Service credited to a Participant pursuant to Section 9.2 for purposes of determining his vested interest in his Account.

  • Reporting Year means a twelve-month compliance reporting period required under the Applicable Program.

  • 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.

  • 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;

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Open Year has the meaning specified in Section 4.01(r)(iii).

  • Index year means the earliest calendar year in which the

  • Comparison Year is defined as each calendar year during the term of this Lease subsequent to the Base Year; provided, however, Lessee shall have no obligation to pay a share of the Operating Expense Increase applicable to the first twelve (12) months of the Lease Term (other than such as are mandated by a governmental authority, as to which government mandated expenses Lessee shall pay Lessee's Share, notwithstanding they occur during the first twelve (12) months). Lessee's Share of the Operating Expense Increase for the first and last Comparison Years of the Lease Term shall be prorated according to that portion of such Comparison Year as to which Lessee is responsible for a share of such increase.

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Election Year means a year in which ordinary elections for local governments are required to be held;

  • Accounting Year means the financial year commencing from the first day of April of any calendar year and ending on the thirty-first day of March of the next calendar year;

  • Reference Year shall have the meaning given it in the Summary.

  • Base Year means the period set forth in Section 5 of the Summary.

  • Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

  • Leave Year means the year ending with the anniversary date of the employee’s appointment.

  • Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

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

  • Relevant Year t means the Financial Year for the purposes of which any calculation falls to be made; "Relevant Year t-1" means the Financial Year preceding Relevant Year t, and similar expressions shall be construed accordingly;

  • State average adjusted property tax base per square mile means the sum of

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Production Year means the 12- month period between September 1 of one year and August 31 of the following year, inclusive.