Tax Refund definition

Tax Refund means a refund of Taxes previously paid and any overpayment interest within the meaning of Section 6611 of the Code or any similar provision under applicable Tax Law (whether paid by way of a refund or credited against any liability for related Taxes).

Tax Refund has the meaning set out in Section 7.5.

Tax Refund means any Tax refund, or credit in lieu thereof.

Examples of Tax Refund in a sentence

• If any such Tax Refund is re- ceived by Purchaser, any IPC Company or any of their respective Subsidiaries or Affiliates, Purchaser shall forward any such Tax Refund to Seller (including any interest actually re- ceived) within ten days after receipt thereof.

• Seller shall be entitled to any Tax Refund resulting from any Final Determination regarding Taxes for any Pre-Closing Tax Period (except to the extent such Taxes have been actually borne by Purchaser).

• If any such Tax Refund is received by Seller or any of its Subsidiaries or Affili- ates, Seller shall forward any such Tax Refund to Purchaser (including any interest actually received) within ten days after receipt thereof.

• Purchaser shall be entitled to any Tax Refund resulting from any Final Determination regarding Taxes for any Post-Closing Tax Period.

More Definitions of Tax Refund

Tax Refund means a refund of Taxes (including a reduction in Taxes as a result of the utilization of any credit or any offset against Taxes or Tax Items) reduced (but not below zero) by any net increase in Taxes Actually Realized by the recipient (or its Affiliate) thereof as a result of the receipt thereof.

Tax Refund means a refund of Taxes as the result of a Final Determination.

Tax Refund means a rebate, refund or repayment in respect of Tax;

Tax Refund means any repayment of any Tax, received in cash or by way of set-off.

Tax Refund has the meaning set forth in Section 5.2(c).

Tax Refund has the meaning set forth in Section 3.9.

Tax Refund has the meaning set out in Section 5.4.