Trigger Year definition

Trigger Year means any fiscal year of the Borrowers during which two or more “triggering events” have occurred or on the last day of which a “triggering event” exists.
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Trigger Year has the meaning given it in the definition of “Post-Closing Merger Consideration” in Section 1.1.
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Trigger Year shall have the meaning set forth in Section 4.1.
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Examples of Trigger Year in a sentence

  • Further, regardless of acreage signed-up and In-Lieu Water requested, a minimum $500 charge must be paid in every Trigger Year.

  • The second such installment shall be paid within [*] days after the end of the next Calendar Year after the Trigger Year, provided that [*].

  • Further, regardless of acreage signed- up and Conjunctive Use Water requested, a minimum $500 charge must be paid in every Trigger Year.

  • The failure to install $35 million in infrastructure improvements as identified in the Project Area Plan prior to the end of the seventh (7th) tax year following the Trigger Year.

  • The taxable value of the Project Area has exceeded One Hundred Three Million Seven Hundred Eighty-Four Thousand Three Hundred Twenty- Seven Dollars and No Cents ($103,784,327) in any tax year during the Tax Increment Collection Period prior to and including the seventh (7th) tax year following the Trigger Year.

  • It has been at least the Trigger Year number of years since the last specified amount increase.

  • The Trigger Year is the first year that the policy is eligible for conversion under the terms of this rider.

  • The total traffic volume (expressed in AADT) was projected to obtain the Trigger Year of development of controlled crossing facilities, based on the Pedestrian Vehicle Conflict Index, When PV2 value is more than 1x108 and improvements will be necessitated.

  • The government offered only the January 28, 2014, transcript to establish its factual contentions.


More Definitions of Trigger Year

Trigger Year means 2019 or a subsequent year.
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Trigger Year means the first Calendar Year in which Gross Profit meets or exceeds One Hundred Million U.S. Dollars (US$100,000,000).
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Trigger Year means the first Year in which [**].
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Related to Trigger Year

  • Trigger Level means with respect to an Index, the level specified as such in Annex 1 with respect to such Index

  • Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Trigger Period means the 60-day period commencing on the earlier of (i) the occurrence of a Change of Control or (ii) the first public announcement of the occurrence of a Change of Control or the Company’s intention to effect a Change of Control (which Trigger Period will be extended so long as the ratings of the Notes are under publicly announced consideration for possible downgrade by any two of the three Rating Agencies); provided that the Trigger Period will terminate with respect to each Rating Agency when such Rating Agency takes action (including affirming its existing ratings) with respect to such Change of Control.

  • Trigger Event shall have the meaning specified in Section 14.04(c).

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • First Year means the intake group of Students for the most junior class or year in a school.

  • Rating period means the calendar period for which premium rates established by a small employer carrier are assumed to be in effect.

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

  • ii) Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Trigger Price for any Pricing Period shall mean the greater of (i) the Company Designated Minimum Put Share Price, plus $0.075, or (ii) the Company Designated Minimum Put Share Price divided by .91.

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

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

  • 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.

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Maintenance Period means the period so specified in an adoption agreement as a period of time—

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Semi-Annual Period means each period of six-months, commencing on the first day of a Fiscal Year; provided that the first such period shall begin on July 1, 2013 and end on December 31, 2013.

  • Covenant Trigger Period means the period (a) commencing on the date that (i) an Event of Default occurs or (ii) Availability is less than the greater of (x) 10% of Available Credit and (y) $50,000,000 and (b) continuing until there has been a period of 30 consecutive days thereafter during which at all times (i) no Event of Default exists and (ii) Availability shall have been not less than the greater of (x) 10% of Available Credit and (y) $50,000,000.

  • Excess Cash Flow Payment Period means, with respect to any Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.

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