First assessment year definition

First assessment year for a beginning teacher means the first full year of service.
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First assessment year means either:
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First assessment year means the period beginning with the First Assessment Date and ending on December 31st of the same calendar year.) Provided further, however, if for any reason separate portions of the Facility are completed in different calendar years, then, to the extent permitted by law, each such separate portion shall have its own Substantial Completion Date, First Assessment Date, First Assessment Year, and Term, with the Minimum Capital Investment requirement being applied to the aggregate cost of the Facility incurred to date instead of to each separate portion as each separate portion is completed.
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Related to First assessment year

  • Assessment year means the period of twelve months commencing on the 1st day of April every year;

  • Agreement Year means a period of 12 months beginning on the Effective Date and each subsequent anniversary thereof.

  • Payment Year means the calendar year during which the applicable Initial Year Payments or Annual Payments are due pursuant to subsection V.B. Payment Year 1 is 2022, Payment Year 2 is 2023 and so forth. References to payment “for a Payment Year” mean the Initial Year Payments or Annual Payment due during that year. References to eligibility “for a Payment Year” mean eligibility in connection with the Initial Year Payments or Annual Payment due during that year.

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

  • relevant year means a year commencing at 00:00 hours on 1 April and ending at 23:59 hours on the following 31 March;