Loss Year definition

Loss Year means the year in which the Effective Date occurs.
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Loss Year has the meaning specified in Section 6.1(a)(i).
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Loss Year means a fiscal year in which a loss had occurred or for which a loss carryforward shall apply.
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Examples of Loss Year in a sentence

  • For federal income tax purposes, after the Effective Date Xcel or its Affiliates shall claim the Worthless Stock Deduction for the Loss Year.

  • In the event that during any Fiscal Year a Subsidiary has an operating loss (a “Loss Year”), then neither the President nor the Executive Vice President(s) who are Subsidiary Participants with respect to such Subsidiary shall be entitled to a Payment Amount for the Performance Period containing such Loss Year.

  • Neither Xcel nor any of its Affiliates shall claim the Worthless Stock Deduction for any year before the Loss Year.

  • Any unused portion of the Bonus Pool shall remain with the Corporation.3.2.3 Carryforward Losses – In the event that the Corporation has a Loss Year (without regard to non-operating gains or losses resulting from extraordinary events such as the sale of a significant part of a Division's fixed assets), the full amount of the loss must be earned back in future years by adding it to the Bonus Base before any profit is recognized for profit sharing.

  • In the event EBITDA is less than $0 for any four consecutive fiscal quarters of the Company (any such period, a "Loss Year"), the holders of a majority in aggregate principal amount of the Notes then outstanding shall be entitled to exercise their rights under the Voting Agreement.

  • In the event that during any Fiscal Year a Subsidiary has an operating loss (a “Loss Year”), then neither the President nor the Executive President(s) who are Subsidiary Participants with respect to such Subsidiary shall be entitled to a Payment Amount for the Performance Period containing such Loss Year.

  • In the event that a Loss Year immediately follows the conclusion of the first Loss Year (a "Second Loss Year") and/or a Loss Year immediately follows the Second Loss Year, the holders of a majority in aggregate principal amount of the Notes then outstanding shall be entitled to exercise their rights under the Voting Agreement.

  • Pre-Tax Income (Loss) Year ended December 31, 2018 Year ended December 31, 2019 Six months ended June 30, 2020 Annual Support Service Agreement Proceeds* * For services not already reflected within discontinued operations.

  • Ocean Park Hotels Portfolio 1Combined Statements of Comprehensive Income (Loss) Year Ended December 31 Nine Months Ended September 30 2012 2011 2010 2013 2012 See accompanying notes.

  • Consolidated Statements of Comprehensive Loss Year Ended December 31 2012 2011 Net loss $(108,571,415) $(26,711,478) Other comprehensive income (loss): Net foreign currency translation adjustments (607,855) 1,114,219 Other comprehensive income (loss) (607,855) 1,114,219 Comprehensive loss $(109,179,270) $(25,597,259) See accompanying notes.


More Definitions of Loss Year

Loss Year means the initial taxable year in which there occurs a federal net operating loss (NOL) that can be carried back or carried forward in whole or in part to another taxable year.
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Loss Year means any year during the Term during which there is a Net Loss. “Modified GAAP” means United States Generally Accepted Accounting Principles (“GAAP”), modified to reflect conventions adopted by DBAG in the ordinary course of preparing the financial statements of DBNY.
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Loss Year means the year in which an NOL occurred.
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Loss Year means a fiscal year of the Corporation in which the "annual net earnings per share" (as defined in paragraph 4(b) of the Agreement) shall be a negative number.
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Loss Year has the meaning ascribed to it in Section 11.03.
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Loss Year means the year in which the NOL oc- curred.
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Related to Loss Year

  • Shared-Loss Month means each calendar month between the Commencement Date and the last day of the month in which the tenth anniversary of the Commencement Date occurs, provided that, the first Shared-Loss Month shall begin on the Commencement Date and end on the last day of that month.

  • Shared-Loss Quarter has the meaning provided in Section 2.1(a)(i) of this Commercial Shared-Loss Agreement.

  • Policy Year means the period of time these Terms and Benefits are in force. The first Policy Year shall be the period from the Policy Effective Date to the day immediately preceding the first Renewal Date as specified in the Policy Schedule (both days inclusive) within one (1) year period; and each subsequent Policy Year shall be the one (1) year period from each Renewal Date.

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes.

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

  • 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.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Recovery Quarter has the meaning provided in Section 2.1(a)(ii) of this Commercial Shared-Loss Agreement.

  • Previous year means the year preceding the current year;

  • Reconciliation Period is each calendar month.

  • Monthly Loss Amount means the sum of all Foreclosure Losses, Restructuring Losses, Short Sale Losses, Portfolio Losses, Modification Default Losses and Deficient Losses realized by the Assuming Institution for any Shared Loss Month.

  • Final Shared-Loss Month means the calendar month in which the tenth anniversary of the Commencement Date occurs.

  • Calendar Year means each successive period of twelve (12) calendar months commencing on January 1 and ending on December 31.

  • Final Shared-Loss Recovery Month means the calendar month in which the tenth anniversary of the Commencement Date occurs.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Operating Loss means a negative Operating Profit.

  • Calendar Month means calendar month according to the Gregorian calendar.

  • Loss Date means the date of occurrence of the event or circumstance causing a particular Loss, or the date of occurrence of the first event or circumstance in a series of events or circumstances causing a particular Loss.

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

  • 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.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Limitation Year means the Plan Year.

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarial equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or Qualified Joint and Survivor Annuity) to which the Participant would be entitled under the terms of the Plan assuming:

  • Loss Adjustment Expense means costs and expenses incurred by the Company in connection with the investigation, appraisal, adjustment, settlement, litigation, defense or appeal of a specific claim or loss, or alleged loss, including but not limited to: