Annual Payment Period definition

Annual Payment Period means GBRA’s Fiscal Year.
Annual Payment Period means GBRA's Fiscal Year, which currently begins on September 1 of each calendar year and ends on August 31 of the next following calendar year, but which may be any twelve consecutive month period fixed by GBRA.
Annual Payment Period means the calendar year, commencing January 1, 2004 during which Uninterruptible Service is to be provided to the Purchaser hereunder.

Examples of Annual Payment Period in a sentence

  • Level Customer Specific Period Annual Payment Period Annual Payment Amount The amount the actual discounts are less than the combined guaranteed Retail, Mail, and Specialty discount amount.

  • The annual budget thus approved by the Board shall be the annual budget for the next ensuing Annual Payment Period.

  • If the WCID disputes any information in the GBRA preliminary budget, it shall submit written comments, questions or requests for clarification to GBRA not less than thirty (30) days before the commencement of the Annual Payment Period.

  • Commencing with the Initial Annual Payment Period and then thereafter for so long as this Contract remains in force and effect, the Annual GBRA Payment shall be an amount not less than one hundred percent (100%) of the Hydro Revenues received by GBRA during the then current Fiscal Year.

  • If the WCID disputes any information in the GBRA preliminary budget, it shall submit a written notice of dispute reasonably detailing the basis of such dispute along with any comments, questions or requests for clarification to GBRA not less than thirty (30) days before the commencement of the Annual Payment Period.

  • The Annual GBRA Payment installments shall commence contemporaneously with the first month of the Initial Annual Payment Period.

  • GBRA shall tender the Annual GBRA Payment to the WCID simultaneously with the preliminary annual budget to be furnished pursuant to Section 6.2 below (not later than 60 days prior to the commencement of each Annual Payment Period).

  • For purposes of this section, "Annual Payment Period" shall mean October 1 of each calendar year through September 30 of the next following calendar year.

  • The first Annual GBRA Payment shall be tendered by GBRA to the WCID immediately preceding the first Annual Payment Period for which the District is responsible for funding the Annual Requirement.

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More Definitions of Annual Payment Period

Annual Payment Period means October 1 of each calendar year through September 30 of the next following calendar year.
Annual Payment Period means the Authority's Fiscal Year, which currently begins on December 1 of each calendar year and ends on the last day of November of the next calendar year, and the first Annual Payment Period under this Contract is estimated to be the period of December 1, 1988, through November 30, 1989.
Annual Payment Period means Crandall's fiscal year, which currently begins on October 1 of each calendar year and ends on September 30 of the following calendar year, but which may be any twelve (12) consecutive month period fixed by Crandall.
Annual Payment Period means the Authority’s Fiscal Year, which currently begins on December I of each calendar year and ends on the last day of November of the next calendar year.
Annual Payment Period means the City’s fiscal year, which currently begins on October 1 of each calendar year and ends on September 30 of the next following calendar year, but which may be any twelve (12) consecutive month period fixed by the City;
Annual Payment Period means the one (1) year period beginning on the Closing Date or the annual anniversary of the Closing Date, as applicable, and ending as of the day immediately preceding the annual anniversary of the Closing Date (each one year period to be defined as an “Annual Payment Period”).

Related to Annual Payment Period

  • Non-Payment Period means a period commencing on and including a Dividend Payment Date or redemption date for which the Trust shall fail to (i) declare, prior to the close of business on the second Business Day preceding such Dividend Payment Date, for payment on or (to the extent permitted by Section 11.2(c)(i) of these Bylaws) within three Business Days after such Dividend Payment Date to the Holders as of 12:00 noon, New York City time, on the Business Day preceding such Dividend Payment Date, the full amount of any dividend on APS payable on such Dividend Payment Date, provided, however, that if the Trust is not able to make such declaration in compliance with the foregoing because an unforeseen event or unforeseen events causes or cause a day that otherwise would have been a Business Day not to be a Business Day, then the Trust may make such declaration on the Business Day immediately preceding the Dividend Payment Date, if possible, or, if not possible, on the Dividend Payment Date, and in such case the Trust shall not be deemed to have failed to declare a dividend otherwise required to be declared, or (ii) deposit, irrevocably in trust, in same-day funds, with the Auction Agent by 12:00 noon, New York City time, (A) on such Dividend Payment Date the full amount of any cash dividend on such shares payable (if declared) on such Dividend Payment Date or (B) on any such redemption date for any shares of APS called for redemption, the Mandatory Redemption Price per share of such APS or, in the case of an optional redemption, the Optional Redemption Price per share, and ending on and including the Business Day on which, by 12:00 noon, New York City time, all unpaid cash dividends and unpaid redemption prices shall have been so deposited or shall have otherwise been made available to Holders in same-day funds; provided that, a Non-Payment Period shall not end unless the Trust shall have given at least five days’ but no more than 30 days’ written notice of such deposit or availability to the Auction Agent, all Existing Holders (at their addresses appearing in the Share Books) and the Securities Depository. Notwithstanding the foregoing, the failure by the Trust to deposit funds as provided for by clauses (ii)(A) or (ii)(B) above within three Business Days after any Dividend Payment Date or redemption date, as the case may be, in each case to the extent contemplated by Section 11.2(c)(i) of these Bylaws, shall not constitute a “Non-Payment Period.”

  • Payment Period means the three months following each Collection Quarter.

  • 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.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

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

  • Non-Payment Period Rate means, initially, 200% of the applicable Reference Rate (or 275% of such rate if the Corporation has provided notification to the Auction Agent prior to the Auction establishing the Applicable Rate for any dividend pursuant to paragraph 2(f) hereof that net capital gains or other taxable income will be included in such dividend on shares of AMPS), provided that the Board of Directors of the Corporation shall have the authority to adjust, modify, alter or change from time to time the initial Non-Payment Period Rate if the Board of Directors of the Corporation determines and Moody's and S&P (and any Substitute Rating Agency in lieu of Moody's or S&P in the event either of such parties shall not rate the AMPS) advise the Corporation in writing that such adjustment, modification, alteration or change will not adversely affect their then-current ratings on the AMPS.

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

  • Semi-Annual Period means each of: the period beginning on and including January 1 and ending on and including June 30; and the period beginning on and including July 1 and ending on and including December 31.

  • Excess Cash Flow Payment Period with respect to the prepayment required on each Excess Cash Flow Application Date, the immediately preceding fiscal year of the Borrower.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Premium Payment Term means the term specified in the Schedule, during which the Premiums are payable by You;

  • Earn-Out Period has the meaning set forth in Section 2.6.1.

  • 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.

  • Rapid Amortization Period means the Amortization Period commencing on the Pay Out Commencement Date and ending on the earlier to occur of (a) the Series 2001-D Termination Date and (b) the termination of the Trust pursuant to Section 12.01 of the Agreement.

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • Controlled Amortization Period means, with respect to any Series, the period, if any, specified as such in the related Supplement.

  • Assessment Period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • Remittance Period means, (i) as to the Initial Payment Date, the period beginning on the Closing Date and ending on, and including, the Determination Date immediately preceding such Payment Date and (ii) as to any subsequent Payment Date, the period beginning on the first day after the most recently ended Remittance Period and ending on, and including, the Determination Date immediately preceding such Payment Date, or, with respect to the final Remittance Period, the Collection Date.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Payment Year The calendar year during which the applicable Annual Payment is due pursuant to Section IV.B. Payment Year 1 is 2021, Payment Year 2 is 2022 and so forth. References to payment “for a Payment Year” mean the Annual Payment due during that year. References to eligibility “for a Payment Year” mean eligibility in connection with the Annual Payment due during that year.

  • Payment Term means the length of time for payment of a Deferred Annual Award under Section 4.2.

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Disbursement Period means the period during which Grant Funds may be disbursed.