base calendar year definition

base calendar year means the calendar
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base calendar year means a calendar year that ends before a subject fiscal year begins, but no more than six years before a subject fiscal year begins. Beginning with the third program period, the department shall establish the base calendar year during the rebase calculation year as the calendar year for which the most recent data is available that the department determines is reliable.
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base calendar year means thecalendar year with or within which the first taxable year of the credit period ends.
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Examples of base calendar year in a sentence

  • Operating Costs for the Base Calendar Year shall be adjusted to reflect an occupancy rate in the Building of ninety-five percent (95%).

  • If Landlord's Tax Expense for any calendar year or partial calendar year during the Term is greater than the Real Estate Taxes for the Base Calendar Year set forth in Section 1.1, Tenant shall pay to Landlord, as additional rent, its Proportionate Share set forth in Section 1.1 of such excess, as the same may be adjusted in the event of a remeasurement or change in size of the Premises or Building.

  • Landlord agrees to retain the books and records substantiating the Operating Expenses incurred in each calendar year for a period of at least two (2) years after the later of delivery of the Reconciliation Statement or after completion of any dispute resolution process applicable to such Reconciliation Statement for that calendar year, except for records substantiating Operating Expenses for the Base Calendar Year, which shall be maintained for two (2) years after the termination of the Term of this Lease.

  • Notwithstanding the fact that, upon Tenant's exercise of the herein option to extend the Term of this Lease, such extension(s) shall be self-executing, as aforesaid, the parties shall promptly execute a lease amendment reflecting such extended term after Tenant exercises the option in question and the Base Rent, Operating Costs for the Base Calendar Year and Real Estate Taxes for the Base Calendar Year during such extended term are determined.

  • Tenant’s Project Share of Project Operating Expenses: 17.59% Tenant’s Building Share of Building Operating Expenses: 32.78% Base Calendar Year: 2005 Security: A letter of credit in the amount of Two Hundred Nine Thousand Four Hundred Fifty Dollars ($209,450) (See Section 4.05).

  • If the Operating Costs for any calendar year or partial calendar year during the Term are greater than the Operating Costs for the Base Calendar Year set forth in Section 1.1 (or a prorated amount thereof for any partial calendar year), then Tenant shall pay to Landlord its Proportionate Share set forth in Section 1.1 of such excess, as the same may be adjusted in the event of a remeasurement or change in size of the Premises or Building.

  • Tenant shall pay as Additional Rent Tenant’s Building Share of Building Operating Expenses for any calendar year after the Base Calendar Year to the extent that Building Operating Expenses for such calendar year exceed the Building Operating Expenses for the Base Calendar Year.

  • Base Calendar Year 1994, See Addendum to Agreement of Lease, Paragraph 1(k).

  • Such after Business Hours HVAC rate may increase each year after the Base Calendar Year by an amount not to exceed four and one-half percent (41/2%) annually non-compounded, not to exceed the Landlord’s actual cost.

  • Project Operating Expenses for the Base Calendar Year shall be the greater of (x) the amount of the Budgeted Operating Expenses allocated to Project Operating Expenses, or (y) the sum of the actual Project Operating Expenses incurred by Landlord during the base Calendar Year and an amount equal to the portion of the Operating Expense Buffer that is allocated to the Project Operating Expenses.


More Definitions of base calendar year

base calendar year means the last calendar year ending before the current payment period.
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base calendar year means a calendar year that ends before a subject fiscal year begins, but no more than six years before a subject fiscal year begins. Beginning with the third program period, the department shall establish the base calendar year during the
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base calendar year of a corporation means the calendar year preceding the calendar year that includes the date of the beginning of the operations of the corporation ;
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base calendar year means the 12-month period starting with any month in which the Canadian Forces income supplement benefit is payable. (année civile de base)
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base calendar year means the Calendar Year of 2013.
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Related to base calendar year

  • Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

  • Distribution Calendar Year means a calendar year for which a minimum distribution is required. For distributions beginning before the Participant’s death, the first Distribution Calendar Year is the calendar year immediately preceding the calendar year that contains the Participant’s Required Commencement Date. For distributions beginning after the Participant’s death, the first Distribution Calendar Year is the calendar year in which distributions are required to begin under Subparagraph (a). The required minimum distribution for the Participant’s first Distribution Calendar Year will be made on or before the Participant’s Required Commencement Date. The required minimum distribution for other Distribution Calendar Years, including the required minimum distribution for the Distribution Calendar Year in which the Participant’s Required Commencement Date occurs, will be made on or before December 31 of that Distribution Calendar Year.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Model Year means the CI engine manufacturer’s annual production period, which includes January 1st of a calendar year, or if the manufacturer has no annual production period, the calendar year.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Calendar Month means calendar month according to the Gregorian calendar.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Twelve-Month Period means a period of twelve consecutive months determined on a rolling basis where a new twelve month period begins on the first day of each calendar month.