Limitation on Deductions. During the Relevant Period, the Company agrees that it shall not claim a deduction for remuneration for federal income tax purposes in excess of $500,000 for each Senior Executive Officer that would not be deductible if Section 162(m)(5) of the Code applied to the Company.
Limitation on Deductions. During the Relevant Period, the Credit Union agrees that it shall not claim a deduction for remuneration for federal income tax purposes in excess of $500,000 for each Senior Executive Officer that would not be deductible if Section 162(m)(5) of the Code applied to the Credit Union.
Limitation on Deductions. Notwithstanding anything to the contrary in this Agreement, the operation of Sections 8.4 and 8.5 for a given Product, whether singularly or in combination with each other, shall not [*].
Limitation on Deductions. Buyer hereby agrees that, in making any and all payments to eNow under the terms of these Terms and Conditions of Sale, no deductions for warranty or any such other claims against eNow shall be made unless Buyer receives from eNow prior approval of the validity of such a claim; any costs for shipping defective Products to eNow shall be borne by eNow.
Limitation on Deductions. Buyer hereby agrees that, in making any and all payments to MSC under the terms of these Terms and Conditions of Sale, no deductions for warranty or any such other claims against MSC shall be made unless Buyer receives from MSC prior approval of the validity of such a claim; any costs for shipping defective Products to MSC shall be borne by MSC.
Limitation on Deductions. During the Relevant Period, the Bank agrees that it shall not claim a deduction for remuneration for federal income tax purposes in excess of $500,000 for each Senior Executive Officer that would not be deductible if Section 162(m)(5) of the Code applied to the Bank.
Limitation on Deductions. No Partner shall receive an allocation of any Partnership deduction or Loss that would cause the total allocations of Loss or items thereof to such Partner to exceed the amount of its Capital Account balance increased by its share of Partnership Minimum Gain, Partner Nonrecourse Debt Minimum Gain, and any other amount a Partner is unconditionally obligated to restore on liquidation of the Partnership.
Limitation on Deductions. Distributor hereby agrees that in making any and all payments to Company under the terms of this Agreement, no deductions for warranty or any other claims against Company shall be made unless Distributor receives from Company prior written approval of the validity of such a claim and the specific amount of the deduction, or such claim is limited to the purchase price of defective containers returned to the Company pursuant to Section 8.3 hereinbelow.
Limitation on Deductions. Licensee will not deduct from any payment any bank charges, conversion costs, sales use or VAT taxes, remittance or withholding taxes, "contingents", quotas or any other taxes, levies or charges unless separately agreed in writing by Licensor.
Limitation on Deductions. No Member shall receive an allocation of any Company deduction or Loss that would cause the total allocations of Loss or items thereof to such Member to exceed the amount of its Capital Account balance increased by its share of Company Minimum Gain, Member Nonrecourse Debt Minimum Gain, and any other amount a Member is unconditionally obligated to restore on liquidation of the Company.