Utilization Year definition

Utilization Year means a tax year in which all or a portion of the SNTL Group's NOLs are utilized in JPMC's federal income tax return.
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Utilization Year means the Taxable Year in which a particular Tax Attribute is utilized to offset the income of, or reduce the Taxes attributable to, a Company other than the Originating Company in determining the Consolidated Group's Consolidated Tax Liability.
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Utilization Year means the tax year or years in which the SNTL Group's NOLs are utilized in JPMC's federal income tax return.
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Examples of Utilization Year in a sentence

  • For any GDS Utilization Year in which the amount advanced is less than the amount earned, IBM shall issue additional earned credits within sixty (60) days of the date of the reconciliation.

  • Within [**] days after the beginning of each Established Utilization Year, Biogen Idec will pay to Alnylam the Fixed Annual Royalty set forth in Section 5.3.

Related to Utilization Year

  • 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.

  • Limitation Year means the Plan Year.

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

  • Vacation Year means the twelve (12) month period commencing on the first day of April in each calendar year and concluding on the last day of March of the following calendar year.

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