Current valuation year definition

Current valuation year means the accounting period of the trust for which the unitrust
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Current valuation year means the accounting period of the trust for which the unitrust amount is being determined.
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Examples of Current valuation year in a sentence

  • As used in this section, the following terms mean: (1) "Current valuation year", the accounting period of the trust for which the unitrust amount is being determined; (2) "Prior valuation year", each of the two accounting periods of the trust immediately preceding the current valuation year.

  • The audit committee should provide oversight to the internal audit function.

  • As used in this section, the following terms mean: 41 (1) "Current valuation year", the accounting period of the trust for which 42 the unitrust amount is being determined; 43 (2) "Prior valuation year", each of the two accounting periods of the trust 44 immediately preceding the current valuation year.

  • As used in this section, the following terms mean: 36 (1) "Current valuation year", the accounting period of the trust for which the unitrust 37 amount is being determined; 38 (2) "Prior valuation year", each of the two accounting periods of the trust immediately 39 preceding the current valuation year.

Related to Current valuation year

  • Termination Year means the calendar year in which the Employment Period is terminated.

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Current Value shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • 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.

  • ST Valuation Date means the Redemption Valuation Date.

  • MCE Valuation Period means, subject to any extension (as described in further detail in the Conditions), the period commencing from and including the moment upon which the Mandatory Call Event occurs and up to the end of the following trading session on the Index Exchange; and

  • Election Year means a year in which ordinary elections for local governments are required to be held;

  • taxation year means the calendar year to which an assessment roll applies for the purposes of taxation;

  • transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;

  • Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.

  • Open Year has the meaning specified in Section 4.01(r)(iii).

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing November 29, 2002.

  • Limitation Year means the Plan Year.

  • Production Year means the 12- month period between September 1 of one year and August 31 of the following year, inclusive.

  • Scheduled Valuation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Valuation Date.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • Bid Valuation Date means May 10, 2010.

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • SPS Valuation Date means the SPS FR Barrier Valuation Date or the Strike Date, as applicable.

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • Average Annual Compensation For the purposes of this Agreement, “Average Annual Compensation” shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.

  • Final Average Compensation means the average annual

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.