Transaction Year definition

Transaction Year means the twelve-month period ending on June 30 of each year; provided that the initial Transaction Year will be the period commencing on the Closing Date and ending on June 30, 1996.
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Transaction Year means each period of 12 months commencing on (and including) the Closing Date (in the case of the first Transaction Year) or the anniversary thereof (in the case of any other Transaction Year) and ending on (but excluding) the date falling 12 months thereafter.
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Transaction Year means each calendar year commencing on the Issue Date and ending on the date falling 12 months thereafter;
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Examples of Transaction Year in a sentence

  • After the first Transaction Year, as from the first day of each Interest Period, the Bank shall, due to the interest rate change, unilaterally determine a new repayment amount – keeping the original due dates unchanged – and shall inform the Client accordingly in writing, within 15 (fifteen) days following the rollover day of the Interest Period.

  • Every vintage year must terminate with a Transaction Balance Code, ‘‘99’’.In reporting Installation Year, Transaction Year, and Corrected Transaction Year, no date prior to 1940 is acceptable.

  • If a Participant is a Reporting Person of the Company at the time of payout of an Award, and if the Total Bonus to such Participant calculated under Section 4.3(a) and (b) for a given Transaction Year exceeds the Participant’s Cash Compensation Limit, the Total Bonus payable to the Participant shall be reduced such that it does not exceed the Cash Compensation Limit.

  • Such notice will be accompanied by an Officer's Certificate setting forth the information which would be specified in a statement given pursuant to Section 3.10(b) relating to the period during the then current Transaction Year through the final Payment Date specified in such notice.

  • No later than March 15th of the year following a Transaction Year, with respect to each Valuation Event that occurred during that Transaction Year, the Committee, in accordance with the terms of this Plan, shall determine (i) any Profits Pool generated by the applicable Approved Project in accordance with Section 4.4(b), and (ii) any Profit Participation Bonus amount attributable to each Participant with respect to outstanding Awards in each such Profits Pool.

  • Transaction with the related party during the period:SUBSIDIARIES:(₹ crore)Nature of Transaction Year ended Year endedIFCI Factors LtdDividend Received – 5.54Rent & Maintenance received3.433.28Professional fee received0.060.06Salaries/Other Estt.

  • Step 2Under Adjustment Declaration, complete: • Transaction Year – The year in which the declaration needs to be changed.• Previous Declaration – These amounts must be the amounts that were declared for the relevant year that you would like to change.

  • Transaction with the related parties :` in Lacs Transaction Year ended31.03.201131.03.2010Associate Enterprise :a.

  • While fair value accounting improves the relevance of the information supplied, some scholars believe that it sacrifices other qualitative qualities of financial reporting such as comparability, verifiability, and accurate presentation (Bessong and Charles, 2012).

  • For a respondent’s initial report, a 1940 Transaction Year, ‘‘00’’ Transaction Code, may be used to report the net balance of property in service as of December 31, 1939.


More Definitions of Transaction Year

Transaction Year means each full year commencing on (and including) 24 October to (but excluding) 24 October in the next following calendar year. The Issuer may not dispose of the Collateral Loans, except to comply with its obligations under the Notes in certain circumstances and further as provided in the Portfolio Offer Deed. If the Issuer sells the Collateral Loans it will sell such Collateral Loans (together with its beneficial interest in respect of any Related Security) to the Offeror. If the Issuer sells and re-assigns the portfolio of Collateral Loans (together with its beneficial interest in respect of the Related Security (if any)) to the Offeror, the purchase price shall be calculated as follows:
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Transaction Year means each period from and including a Calculation Date (including the Effective Date) through but excluding the next succeeding Calculation Date, provided that the final Transaction Year shall end on and include the Facility Termination Date.
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Related to Transaction Year

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

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

  • 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.

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

  • 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;

  • 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.

  • 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).

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

  • Limitation Year means the Plan Year.

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;

  • Taxable Year means a taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of state or local tax law, as applicable (and, therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or after the IPO Date.

  • Registration year means the twelve-month period during which, under the laws of the base jurisdiction, the registration issued to a registrant by the base jurisdiction is valid.

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • 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;

  • Trust Fiscal Year means the period commencing on March 1 of any year and ending on February 28 (or February 29, if applicable) of the following year.

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Relevant Year t means the Financial Year for the purposes of which any calculation falls to be made; "Relevant Year t-1" means the Financial Year preceding Relevant Year t, and similar expressions shall be construed accordingly;

  • Plan Year means the calendar year.

  • Comparison Year is defined as each calendar year during the term of this Lease subsequent to the Base Year; provided, however, Lessee shall have no obligation to pay a share of the Operating Expense Increase applicable to the first twelve (12) months of the Lease Term (other than such as are mandated by a governmental authority, as to which government mandated expenses Lessee shall pay Lessee's Share, notwithstanding they occur during the first twelve (12) months). Lessee's Share of the Operating Expense Increase for the first and last Comparison Years of the Lease Term shall be prorated according to that portion of such Comparison Year as to which Lessee is responsible for a share of such increase.

  • Taxable Wage Base means, with respect to any Plan Year, the contribution and benefit base under Section 230 of the Social Security Act at the beginning of such Plan Year.

  • Post-Distribution Period means any Taxable period (or portion thereof) beginning after the Distribution Date.

  • Fiscal Period means any interim accounting period within a Taxable Year established by the Manager and which is permitted or required by Section 706 of the Code.

  • Excess Cash Flow Payment Period means, with respect to any Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.

  • Tax Detriment means any item of income, gain, recapture of credit or any other Tax Item which increases Taxes paid or payable.