Year 2 definition
Year 2 means the year after year 1; year 3 means the year after year 2, year 4 means the year after year 3, and so on; and
Year 2 means a year group in which the majority of children will, in the school year, attain the age of 7;
Year 2 means the period from the start of the Day commencing on 1 May [20 ] until the start of the Day commencing on 1 May the following calendar year; and
Examples of Year 2 in a sentence
Councils receiving only Year 2 funding, will only receive Tranche 3 and 4 allocations.
Extension option: Year 2 (01/04/2026 to 31/03/2027) Value - £663,480 ex VAT / £796,176 inc VAT.
The ‘Tranche 3 allocation’ and the ‘Tranche 4 allocation’ are both 50% of the Year 2 capital allocation.
Invoice frequency: Invoice will be sent to the Buyer Annually Call-Off Contract value: The total value of this Call-Off Contract is £78,226 Call-Off Contract charges: The breakdown of the Charges is Year 1 - REDACTED Year 2 - REDACTED as outlined in table above.
More Definitions of Year 2
Year 2 means the twelve-month period beginning as of the end of Year 1 and ending twelve months later;
Year 2 means the period from January 1, 2000 to December 31, 2000.
Year 2 means the 365 days of P's average salary service preceding the last 365 days of P's average salary service or, where P has less than 730 days of average salary service, the number of days of P's average salary service preceding the last 365 days of P's average salary service.
Year 2 import customs duties shall be removed in two equal annual stages beginning on the date this Agreement enters into force, and such goods shall be duty-free, effective January 1st of year two. Each year’s margin of preference is as follows: Category Entry into force 01.01.07
Year 2 means the period beginning on January 1, 2023 and ending on December 31, 2023; and
Year 2. Capital gains Incentive Fee of $6 million ($30 million realized capital gains on sale of Investment A multiplied by 20%) • Year 3: None $5 million (20% multiplied by ($30 million cumulative capital gains less $5 million cumulative capital depreciation)) less $6 million (previous capital gains fee paid in Year 2) • Year 4: Capital Gains Fee of $200,000 $6.2 million ($31 million cumulative realized capital gains multiplied by 20%) less $6 million (Capital Gains Fee taken in Year 2) • Year 1: $20 million investment made in Company A (“Investment A”), $30 million investment made in Company B (“Investment B”) and $25 million investment made in Company C (“Investment C”) • Year 2: Investment A sold for $50 million, FMV of Investment B determined to be $25 million and FMV of Investment C determined to be $25 million • Year 3: FMV of Investment B determined to be $27 million and Investment C sold for $30 million • Year 4: FMV of Investment B determined to be $35 million • Year 5: Investment B sold for $20 million The Capital Gains Fee, if any, would be: • Year 1: None • Year 2: $5 million Capital Gains Fee 20% multiplied by $25 million ($30 million realized capital gains on Investment A less unrealized capital depreciation on Investment B) • Year 3: $1.4 million Capital Gains Fee(1) $6.4 million (20% multiplied by $32 million ($35 million cumulative realized capital gains less $3 million unrealized capital depreciation)) less $5 million Capital Gains Fee received in Year 2 • Year 4: None • Year 5: None $5 million (20% multiplied by $25 million (cumulative realized capital gains of $35 million less realized capital losses of $10 million)) less $6.4 million cumulative Capital Gains Fee paid in Year 2 and Year 3