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

  • Table 1: The percentages represent fractions of the sum invested that will paid based on this agreed investment plan 1st six months 2nd six months Total Year 1 17% 20% 37% Year 2 22% 25% 47% Year 3 25% 25% 50% Year 4 28% 28% 56% Year 5 30% 30% 60% Year 6 – Year 18 Prevalent market price of 50 liters of red palm oil per oil palm tree once every 1st day of December, each year.

  • Three-year contract (Option 3) hours at $_85 per $ 17,850 for the audit of the annual financial report for the fiscal year ending June 30, 2022 (Year 1), $ 17,850 ending June 30, 2023 (Year 2), and $ 17,850 for the audit of the annual financial report for the fiscal year ending June 30, 2024 (Year 3).

  • The said fees are based upon: _210 hours at per hour for the fiscal year ending June 30, 2022 (Year 1), _210 per hour for the fiscal year ending June 30, 2023 (Year 2), and 210 hours at hours at per hour for the fiscal year ending June 30, 2024(Year 3).


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. 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
Year 2 means the period beginning on January 1, 2023 and ending on December 31, 2023; and
Year 2 means the second tax year preceding the current tax year.