Peak Year definition

Peak Year means (a) [***] or (b) [***].
Peak Year means (a) the four consecutive calendar quarter period prior to the Closing or (b) any Earnout Year, during which Product Revenues exceeded the Product Revenues for such prior four consecutive calendar quarter period and any prior Earnout Year.

Examples of Peak Year in a sentence

  • If there is an extraordinary event resulting in unusually high Peak Year Water Use the Relationship Managers shall use best endeavours to determine, as soon as reasonably practicable, what adjustments (if any) may be made to the Peak Year Water Use.

Related to Peak Year

  • Peak Period means a period between 8:00 am and 10:00 pm (WST) on any Monday, Tuesday, Wednesday, Thursday or Friday.

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

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

  • 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;

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