Year purchased definition

Year purchased means the fiscal year in which an item, good or service (i) is received by the district and (ii) is either paid for or the purchase is accrued in the district's financial accounting system.
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Year purchased means the fiscal year in which an item, good or service (i) is received by the district and
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Examples of Year purchased in a sentence

  • In the event that Perk▇▇-▇▇▇▇▇ ▇▇▇ not, by the end of such License Year, purchased such minimum amount, it will promptly, within thirty (30) days of the end of such License Year, purchase an amount of MGB Oligonucleotides and/or MGB Intermediates necessary to meet such annual minimum amount.

  • In the event that Perk▇▇-▇▇▇▇▇ ▇▇▇ not, by the end of such License Year, purchased such minimum amount, it will promptly, within thirty (30) days of the end of such License Year, purchase an amount of MGB Intermediates necessary to meet such annual minimum amount.

Related to Year purchased

  • Other Purchasers is defined in Section 2.

  • Shareholder-Initiated Transfer Purchase means a transaction that is initiated or directed by a Shareholder that results in a transfer of assets within a Contract to a Fund, but does not include transactions that are executed: (i) automatically pursuant to a contractual or systematic program or enrollment such as transfer of assets within a Contract to a Fund as a result of “dollar cost averaging” programs, insurance company approved asset allocation programs, or automatic rebalancing programs; (ii) pursuant to a Contract death benefit; (iii) one-time step-up in Contract value pursuant to a Contract death benefit; (iv) allocation of assets to a Fund through a Contract as a result of payments such as loan repayments, scheduled contributions, retirement plan salary reduction contributions, or planned premium payments to the Contract; or (v) pre-arranged transfers at the conclusion of a required free look period.

  • Power Purchaser means the entity that is purchasing the capacity and energy to be transmitted under the Tariff.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Optional Purchase Percentage means 5%.