Current year means the financial year, which has already commenced, but not yet ended;
Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.
Assessment year means the period of twelve months commencing on the 1st day of April every year;
Payment Year means the calendar year during which the applicable Initial Year Payments or Annual Payments are due pursuant to subsection V.B. Payment Year 1 is 2022, Payment Year 2 is 2023 and so forth. References to payment “for a Payment Year” mean the Initial Year Payments or Annual Payment due during that year. References to eligibility “for a Payment Year” mean eligibility in connection with the Initial Year Payments or Annual Payment due during that year.
Current fiscal year means the fiscal year for which a particular calculation is made.