Stub Year means that portion of the first Contract Year between the Effective Date and the last day of the Calendar Year then in progress;
Stub Year means the period of time between the Commercial Operation Date and December 31 of the same year;
Stub Year has the meaning set forth in Section 6.07.
Examples of Stub Year in a sentence
No payment shall be required for any Opening Stub Year, as defined in Schedule B.
With respect to the Stub Year, the Sales Operations Payment shall be $[*****]; with respect to the 2020-21 Contract Year, the Sales Operations Payment shall be $[*****].
That is what happened here.27 Section 6.5(d) would have applied if the Transaction Deductions had reduced (but did not eliminate) the Company’s taxable income for the Stub Year.
If bags are broken or damaged, leave in truck and clean entire truck and contents using procedures set forth herein.
The debate about who is responsible for Stub Year taxes is an interesting one because all parties understood that there would be no taxes for the Stub Year because of the Transaction Deductions.
More Definitions of Stub Year
Stub Year has the meaning set forth in Section 3.02(b).
Stub Year means that portion of the first Contract Year between the Effective Date and the last day of the Calendar Year then in progress;
Stub Year means the period between COD and the end of the calendar year, i.e. December 31, of the year during which COD is achieved. The Stub Year shall not be considered part of the 25-year term provided for in Section 2.2 of this Agreement.
Stub Year. That Fiscal Year commencing July 1, 1998 and ending December 31, 1998.'
Stub Year means the period between the Commercial Operation Date and the end of the calendar year, i.e., December 31, of the year during which the Commercial Operation Date is achieved.
Stub Year means that period of time commencing on the --------- date hereof and ending on December 31, 1998.
Stub Year means the period of time during the Delivery Term that begins on the date upon which SELLER commences Commercial Operation and ends on the immediately following July 1.