Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.

Adjustment Year means: (1) in the case of an adjustment pursuant to the decision of a court, the Partnership’s taxable year in which the decision becomes final; (2) in the case of an administrative adjustment request, the Partnership’s taxable year in which the administrative adjustment is made; or (3) in any other case, the Partnership’s taxable year in which the notice of final partnership adjustment is mailed.

Adjustment Year has the meaning set forth in Section 5.5(g)(i).

Examples of Adjustment Year in a sentence

In accordance with Section 6225 of the Code, the Partnership shall pay an imputed underpayment as calculated under Section 6225(b) of the Code with respect to the IRS Adjustment, including interest and penalties (“Imputed Tax Underpayment”) in the Adjustment Year.
The Rent Adjustment Deposit shall be credited against Rent Adjustments due for the applicable Adjustment Year.
Any Redetermined Individual Fee agreed to by the Parties on or prior to the last Business Day of February of the applicable Adjustment Year (“Redetermination Deadline”) shall become effective as of the first Day of the Month following the Month in which agreement has been reached.
If the Expiration Date shall occur prior to full application of such excess, Landlord shall pay to Tenant the balance thereof not theretofore applied against Rent and not reasonably required for payment of Additional Rent for the Adjustment Year in which the Expiration Date occurs.
Tenant shall pay Additional Rent for each Adjustment Year determined as hereinafter set forth.

More Definitions of Adjustment Year

Adjustment Year means each calendar year during which an Adjustment Date falls.

Adjustment Year has the meaning given to it in Section 6.2(a)(ii).

Adjustment Year means each calendar year during which an Adjustment Date occurs.

Adjustment Year has the meaning set forth in Section 6225(d)(2) of the Code or comparable provisions of state, local or non-U.S. law.

Adjustment Year has the meaning set forth in Section 9.6.2 below.

Adjustment Year means any calendar year or portion thereof during the term of the Lease commencing with the year after the Base Year. In the event the last Adjustment Year is not a full calendar year, the Additional Rent payable under Paragraph 3.02A.2 with respect to such partial year shall be prorated.

Adjustment Year. The applicable calendar year or any portion thereof after the Operating Expenses Base Year and Taxes Base Year for which a Rent Adjustment computation is being made.