Adjustment Year definition
Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.
Adjustment Year means: (1) in the case of an adjustment pursuant to the decision of a court, the Partnership’s taxable year in which the decision becomes final; (2) in the case of an administrative adjustment request, the Partnership’s taxable year in which the administrative adjustment is made; or (3) in any other case, the Partnership’s taxable year in which the notice of final partnership adjustment is mailed.
Adjustment Year has the meaning set forth in Section 5.5(g)(i).
Examples of Adjustment Year in a sentence
For the avoidance of doubt, in the event that a Membership Interest to which this Section applies is held by a different Member during the Reviewed Year than in the Adjustment Year (as such terms are defined in Code as amended by Partnership Audit Rules) the Member holding the Membership Interest in the Adjustment Year shall be treated as receiving the distributions called for herein.
More Definitions of Adjustment Year
Adjustment Year means each calendar year during which an Adjustment Date falls.
Adjustment Year has the meaning given to it in Section 6.2(a)(ii).
Adjustment Year means each calendar year during which an Adjustment Date occurs.
Adjustment Year has the meaning set forth in Section 6225(d)(2) of the Code or comparable provisions of state, local or non-U.S. law.
Adjustment Year has the meaning set forth in Section 9.6.2 below.
Adjustment Year. The applicable calendar year or any portion thereof after the Operating Expenses Base Year and Taxes Base Year for which a Rent Adjustment computation is being made.
Adjustment Year has the meaning set forth in Section 1.02.