Examples of Adjustment Year in a sentence
In accordance with Section 6225 of the Code, the Partnership shall pay an imputed underpayment as calculated under Section 6225(b) of the Code with respect to the IRS Adjustment, including interest and penalties (“Imputed Tax Underpayment”) in the Adjustment Year.
As soon as the monthly base Rent applicable to any Adjustment Year has been computed, Landlord shall give Tenant notice of the amount thereof.
In no event, however, shall the monthly base Rent payable during any Adjustment Year be less than the monthly base Rent payable during the previous year.
If the Index is changed so that the base year differs from that used in computing the Beginning Index, the Extension Index for any Adjustment Year affected by such change shall be converted in accordance with the appropriate conversion factor.