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

  • General Wage Increases and Wage Adjustments: Year 1 Year 2 Year 3 Year 3.5 7.00% Increase.

  • The amount allocated by the Employer to the fund each year will be in accordance with the following schedule: • Year 1 beginning April 1, 2020: $11,000 • Year 2 beginning April 1, 2021: $1,000 • Year 3 beginning April 1, 2022: $29,000 and in each subsequent fiscal year the amount would be subject to negotiation for training and/or repurposed elsewhere.

  • Employees who successfully post into the Assembler-ABS position will receive their Year 1 increase upon accepting the Assembler-ABS position, and their Year 2 increase on the anniversary of the date they post into the position.

  • For example, if the Customer purchases a 3-Year subscription with annual billing and overuse occurs in Year-1, the increased subscription fees shall apply and shall be invoiced for Year- 2 and Year-3 but shall not apply retroactively to Year-1.


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. Investment A sold for $50 million and fair market value (“FMV”) of Investment B determined to be $32 million Year 3: FMV of Investment B determined to be $25 million Year 4: Investment B sold for $31 million The Incentive Fee on Capital Gains would be: Year 1: None Year 2: Incentive Fee on Capital Gains of $6 million ($30 million realized capital gains on sale of Investment A multiplied by 20.0%) Year 3: None → $5 million (20.0% 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: Incentive Fee on Capital Gains of $200,000 → $6.2 million ($31 million cumulative realized capital gains multiplied by 20.0%) less $6 million (Incentive Fee on Capital Gains 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 incentive fee, if any, would be: Year 1: None Year 2: $5 million Incentive Fee on Capital Gains → 20.0% multiplied by $25 million ($30 million realized capital gains on Investment A less unrealized capital depreciation on Investment B) Year 3: $1.4 million Incentive Fee on Capital Gains → $6.4 million (20.0% multiplied by $32 million ($35 million cumulative realized capital gains less $3 million unrealized capital depreciation)) less $5 million Incentive Fee on Capital Gains received in Year 2 Year 4: None
Year 2 means the Company or the Peer Company’s fiscal year end during 2022.
Year 2 means the second tax year preceding the current tax year.