Reviewed Year definition

Reviewed Year has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.
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Reviewed Year means the Partnership’s taxable year to which the item being adjusted relates.
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Reviewed Year has the meaning set forth in Section 5.5(g)(ii).
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Examples of Reviewed Year in a sentence

  • In the event that the Code Section 702(a)(8) income of the Company is decreased (or its Section 702(a)(8) loss is increased) as a result of the operation of 6225 of the Code as amended by Partnership Audit Rules, such decrease (or increase in loss) shall be proportionately specially allocated to the Member or Members whose income was decreased (or loss increased) in the Reviewed Year.

  • For the avoidance of doubt, in the event that a Membership Interest to which this Section applies is held by a different Member during the Reviewed Year than in the Adjustment Year (as such terms are defined in Code as amended by Partnership Audit Rules) the Member holding the Membership Interest in the Adjustment Year shall be treated as receiving the distributions called for herein.

  • For all other adjustments, the total adjustment, and any amounts attributable to such adjustment, shall be allocated as such items should have been allocated as described in subsection (Section 4.2) above, and any other applicable provisions of this Agreement, in the Reviewed Year.

  • This indemnification shall specifically be effective and enforceable even after a Member/Assignee is no longer a Member/Assignee if such former Member/Assignee was a Member/Assignee in the Reviewed Year.


More Definitions of Reviewed Year

Reviewed Year means the taxable year of a Partnership that is subject to a Partner-
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Reviewed Year means the taxable year of a Partnership that is subject to a Partnership Level Audit from which Federal Adjustments arise.
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Reviewed Year means the taxable year of a partnership that is
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Reviewed Year has the meaning ascribed to said phrase under BBA Section 6225(d)(1).
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Reviewed Year means the taxable year of a partnership that is subject to a partnership-level audit
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Reviewed Year means the taxable year of a partnership that is subject to a partnership level audit from which final federal partnership adjustments arise, or otherwise means the taxable year of the partnership or pass-through entity that is the subject of a state partnership audit.
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Reviewed Year shall have the meaning set forth in Code Section 6225(d)(1).
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