Cumulative Net Realized Tax Benefit Sample Clauses

Cumulative Net Realized Tax Benefit. The “Cumulative Net Realized Tax Benefit” for a Taxable Year equals the cumulative amount of Realized Tax Benefits for all Taxable Years of the Corporation, up to and including such Taxable Year, net of the cumulative amount of Realized Tax Detriments for the same period. The Realized Tax Benefit and Realized Tax Detriment for each Taxable Year shall be determined based on the most recent Tax Benefit Schedule or Amended Schedule, if any, in existence at the time of such determination.
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Cumulative Net Realized Tax Benefit. The “Cumulative Net Realized Tax Benefit” for a Taxable Year equals the cumulative amount of Realized Tax Benefits for all Taxable Years of the Corporation, up to and including such Taxable Year, net of the cumulative amount of Realized Tax Detriments for the same periods. The Realized Tax Benefit and Realized Tax Detriment for each Taxable Year shall be determined based on the most recent Tax Benefit Schedule or Amended Schedule, if any, in existence at the time of such determination. The computation of the Cumulative Net Realized Tax Benefit shall be adjusted to reflect any applicable Determination with respect to any Realized Tax Benefits and/or Realized Tax Detriments.
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Cumulative Net Realized Tax Benefit. Section 1.1 Default Cap Section 3.1(a) Default Rate Section 1.1 Determination Section 1.1 Direct Exchange Recital Early Termination Date Section 1.1 Early Termination Effective Date Section 4.2 Early Termination Notice Section 4.2 Early Termination Rate Section 1.1 Early Termination Schedule Section 4.2 Exchange Recital Exchange Agreement Recital Exchange Basis Adjustment Section 1.1 Exchange Date Section 1.1 Exchange Notice Section 1.1 Expert Section 7.9 Hypothetical Tax Liability Section 1.1 Imputed Interest Section 1.1 Interest Amount Section 3.1(b) IRS Section 1.1 Joinder Requirement Section 7.6(a) LIBOR Section 1.1 Liquidity Exceptions Section 4.1(b) LLC Agreement Section 1.1 Mandatory Assignment Section 7.6(c) Market Value Section 1.1 Material Objection Notice Section 4.2 Merger Agreement Recital Net Tax Benefit Section 3.1(b) Non-Stepped Up Tax Basis Section 1.1
Sample 1

Related to Cumulative Net Realized Tax Benefit

  • Determination of Realized Tax Benefit Section 2.01.

  • Tax Benefit Payments Section 3.1 Payments 12 Section 3.2 No Duplicative Payments 13

  • Tax Benefit Schedule Within one hundred fifty (150) calendar days after the filing of the U.S. federal income Tax Return of the Corporation for any Taxable Year in which there is a Realized Tax Benefit or Realized Tax Detriment, the Corporation shall provide to the Members a schedule showing, in reasonable detail, the calculation of the Realized Tax Benefit or Realized Tax Detriment for such Taxable Year (a “Tax Benefit Schedule”). The Tax Benefit Schedule will become final and binding on the Parties pursuant to the procedures set forth in Section 2.4(a), and may be amended by the Parties pursuant to the procedures set forth in Section 2.4(b).

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