Purchase Year definition

Purchase Year. With respect to a Series of Certificates to which the provisions of Section 2.03(b) are applicable, as specified in the Reference Agreement with respect to such Series, the fiscal year ending on the date specified in the Reference Agreement commencing with the year next succeeding the year of the initial issuance of such Certificates.
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Purchase Year means a twelve month period beginning on April 1, of each year and ending on March 31 of the following year, except that the first Purchase Year shall begin on the date hereof and end on March 31, 1996.
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Purchase Year. With respect to a Series of Certificates to which the provisions of Sections 2.03(b) and 4.06 are applicable, as specified in the Reference Agreement with respect to such Series, the one-year period commencing on the date of the initial issuance of such Certificates and each one-year period thereafter, ending on the date specified in the Reference Agreement.
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Examples of Purchase Year in a sentence

  • The utility shall file its GPP as a "Submittal for Determination of Completeness of GPP." This submittal shall include the following docket caption: "In the matter of Gas Purchase Plans and Gas Purchase Reports for [utility] for the Gas Purchase Year from July 1, [year] through June 30, [year]." The utility shall file an original and ten copies of its submittal.

  • Districts are unable to edit the following fields: Reference Number, VIN Number, Year of Purchase, Year of Manufacture, Cost and Amortization Status.

  • The rate component of the GCA, expressed in mils ($0.001) per dth, designed to amortize over the GCA Effective Period the under-or over-recovered gas costs reflected in the Company’s Account 191 or other appropriate costs for a defined Gas Purchase Year.

  • Army Combat Developments Command, Fort Belvoir VA, Rifle Evaluation Study.

  • Therefore, for purposes of calculating the Surrender Charge for additional Premium Payments, the second Purchase Year begins on the first anniversary of that additional Premium Payment, the third Purchase Year begins on the second anniversary of that additional Premium Payment, and so on.

  • Cost Multiplier = Cost Index of Valuation Year/Cost Index of Purchase Year Example (utilizes 2015 acquisition year property):July 2017 Cost Index=44.9July 2015 Cost Index=53.02015 Cost Multiplier=44.9/53.0= 0.847 The second component of the factor is known as the percent good.

  • The annual GCA application shall be accompanied by a Gas Purchase Report for the precedingGas Purchase Year in which a Gas Purchase Plan was filed.

  • The Committee shall, in its sole discretion, determine whether or not to approve each filed authorization, and in those cases where the requested authorization is approved, the Employee shall automatically be granted a Nonqualified Option on the first trading day in January of the applicable Purchase Year.

  • Equity Market Participation RateRandomly Assigned Purchase Year vs.

  • The number of Shares subject to the Option shall be determined pursuant to the following formula (rounded down to the nearest whole number): X=A/B, where X is the number of Option Shares, A is the dollar amount of the approved reduction in the Optionee’s salary for the Purchase Year, and B is the excess of the Fair Market Value per share of the Stock on the Date of Grant over the Exercise Price.


More Definitions of Purchase Year

Purchase Year. With respect to a Series of Certificates to which the ------------- provisions of Section 2.03(b) are applicable, as specified in the Reference Agreement with respect to such Series, the fiscal year ending on the date specified in the Reference Agreement commencing with the year next succeeding the year of the initial issuance of such Certificates.
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Purchase Year means a Contract Year for which AK has elected to purchase the Tendered Energy.
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Related to Purchase Year

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

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

  • Expense Year means each calendar year in which any portion of the Lease Term falls, through and including the calendar year in which the Lease Term expires, provided that Landlord, upon notice to Tenant, may change the Expense Year from time to time to any other twelve (12) consecutive month period, and, in the event of any such change, Tenant’s Share of Direct Expenses shall be equitably adjusted for any Expense Year involved in any such change.

  • 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.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Installment Due Date means, for any monthly installment of interest only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note. The "First Installment Due Date" under this Note is October 1, 2007.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Purchase Period means a period of time specified within an Offering, generally beginning on the Offering Date or on the first Trading Day following a Purchase Date, and ending on a Purchase Date. An Offering may consist of one or more Purchase Periods.

  • Installment Date as defined in Section 2.12.

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

  • 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.

  • Cost Share means the member’s financial obligation for a covered service. Depending on the plan type, cost-share may include one or more of the following: deductible, copay, access fee, coinsurance, pharmacy deductible, and precertification charges.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Adjusted Purchase Price means the product of the Purchase Price and the Proration Factor. The Board of Directors may, but shall not be required to, establish procedures to allocate the right to receive Common Shares and capital stock equivalents upon exercise of the Rights among holders of Rights.

  • RENT ADJUSTMENT Any amounts owed by Tenant for payment of Operating Expenses. The Rent Adjustments shall be determined and paid as provided in Article Four.

  • Real-Time Price means the Resource-Specific Settlement Interval LMP as defined in the CAISO Tariff. If there is more than one applicable Real-Time Price for the same period of time, Real-Time Price shall mean the price associated with the smallest time interval.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.