transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;
Election Year means a year in which ordinary elections for local governments are required to be held;
Termination Year means the calendar year in which the Employment Period is terminated.
Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.
Operating Year means each calendar year that includes any part of the Term.