Semiannual Period

Semiannual Period. Means each period of six calendar months during a Contract Year. The first Semiannual Period of each Contract Year shall begin on January 1 and end on June 30, and the second Semiannual Period of each Contract Year shall begin on July 1 and end on December 31.

Semiannual Period. Each six-month period, from January through June, and from July through December;