Tax Code. The Internal Revenue Code of 1986, as the same may be amended from time to time.
Tax Code. If any payment or benefit you would receive pursuant to this Agreement or any other agreement, agreement, or arrangement would (i) constitute a “parachute payment” within the meaning of Section 280G Internal Revenue Code of 1986, as amended (the “Code”), and, but for this sentence, be subject to the excise taxed imposed by Section 4999 of the Code (the “Excise Tax”), and (ii) the net after-tax amount (taking into account all applicable taxes payable by you, including any Excise Taxes) that you would receive with respect to such “parachute payments” does not exceed the net after-tax amount you would receive if the amount of such payments were reduced to the maximum amount that could otherwise be payable without the imposition of the Excise Tax, then you and the Company shall work together in good faith to agree on an alternative payment schedule acceptable to both parties, or to amend this Agreement in a manner acceptable to both parties, where necessary or desirable, so that you do not incur an excise tax or you incur the least amount of excise Tax as is possible under the circumstances. If a satisfactory alternative payment schedule or amendment cannot be agreed to by the originally scheduled payment, distribution or benefit date, then the Company shall provide such payment, distribution or benefit to you on the originally scheduled date and shall be reduced to the extent necessary to eliminate the imposition of the Excise Tax. To the extent that any such payments are subject to Section 409A of the Code, any reduction in the payments required to be made pursuant to this section shall be made first with respect to payments payable in cash before being made in respect to any payments to be provided in the form of benefits or equity award acceleration, and in the form of benefits before being made with respect to equity award acceleration, and in any case, shall be made with respect to such payments in inverse order of the scheduled dates or times for the payment or provision of such payments. It is intended that the agreement and all benefits provided pursuant to the agreement shall be exempt from, or in compliance with, Section 409A of the Code and the Treasury Regulations and IRS guidance thereunder (collectively referred to as “Section 409A”), and all provisions of the agreement shall be interpreted in a manner to avoid the imposition of any penalties. If and to the extent required to comply with Section 409A, (i) no payment or benefit required to be pai...
Tax Code. Resident at the address ................................................................................................ In this company as ................................................................... Within the ENEL Group is the following: Director of the Company ENEL Group The key management personnel (specify the corresponding function) of the Company ENEL Group. Employee of the function (specify the corresponding function) ............... with role/position ............. of the Company ENEL Group Auditor of the Company ENEL Group Relative / related to the second degree of consanguinity / relationship by marriage / spouse, unless legally separated / cohabitant / child of the spouse / partner of the child / dependent related by kinship or by marriage Given Name * Surname * Belonging to the Company ............................
Tax Code. Địa chỉ: ............................................................................................................................... Address: .............................................................................................................................. Điện thoại (Tel) : ............................................... Fax: ....................................................... Tài khoản:....................................... Tại: ...................................... Ngân hàng:..................
Tax Code. Resident in ................................................................................................ Working in this company as................................................................... Job title within the ENEL Group is the following: □ Company Director ENEL Group □ Key management personnel (please specify the relevant duties) of the Company ENEL Group □ Employee with duties of (please specify the relevant duties) ............... with role/title ............. the Company ENEL Group □ Company’s Auditor ENEL Group □ Relative / related by affinity up to the second degree of blood relation / affinity / spouse, unless legally separated / cohabitant / child of the spouse / partner of the child / dependent linked by kinship or related by affinity. First Name* Last Name *Member of the Company ............................
Tax Code. The term "Tax Code" shall mean the United States Internal Revenue Code of 1986, as amended.
Tax Code. Any decrease in value after appeal is subject to recalculation of the appropriate amount of the grant from the City under this AGREEMENT. If the City has already issued the grant to the OWNER based on the larger value, payment to the CITY by OWNER of such difference shall be remitted within 60 days to CITY after final determination of appeal.
2. Subject to the terms and conditions of this AGREEMENT, and subject to the rights of holders of any outstanding bonds of the CITY, CITY shall make grants pursuant to the PROGRAM to the OWNER in amounts equal to 50% of the City of Carrollton real and personal property taxes assessed and paid upon value of real and personal property for the years 2016, 2017, 2018, 2019 2020, 2021, and 2022 less the BASE YEAR VALUE since this incentive is for real and personal property values established after the Base Year 2015. Any increase in real and personal property value after Base Year 2015 will be rebated as described in this section. The CITY shall make such grants in accordance with this AGREEMENT to the OWNER within 60 days of full payment of all taxes by OWNER to the CITY on the PREMISES.
3. OWNER shall thereafter, from the date of execution of this AGREEMENT until the expiration of the grant agreement, make such IMPROVEMENTS, including but not limited to $7.4 Million in real property improvements on the PREMISES, and continuously operate, occupy and maintain the PREMISES for the following described purpose, hereinafter referred to as the PURPOSES: headquarters/office/warehouse/manufacturing operations.
4. In the event that (1) OWNER allows its real and/or personal property taxes owed the CITY for the PREMISES to become delinquent and fails to timely and properly follow the legal procedures for protest and/or contest of any such real and/or personal property taxes; or (2) OWNER breaches any of the terms or conditions of the AGREEMENT, then the OWNER shall be in default of this AGREEMENT. In the event that the OWNER defaults in its performance of (1) or (2) above, then the CITY shall give the OWNER written notice in accordance with paragraph 8 below of such default. If OWNER has not cured such default or obtained a valid waiver thereof from the appropriate authority with a thirty (30) day period owing to causes beyond the control of the OWNER, this AGREEMENT may be terminated by the CITY. Notice of termination shall be in writing as provided in paragraph 8 below. In the event of termination pursuant to the provisions of the...
Tax Code. If the final determination of the appeal decreases Owner’s tax liability, the District shall refund to Owner the difference between the amount of tax paid and the amount of tax for which Owner is liable pursuant to Section 42.43, V.A.T.S. Tax Code.
Tax Code. If the final determination of the appeal increases Owner’s tax liability above the amount of tax paid, Owner shall remit the additional tax to the District pursuant to Section 42.42, V.A.T.S.
Tax Code. MUNICIPALITY shall notify tax assessor-collector no later than July 25th of each year that MUNICIPALITY wishes publication of forms or notices specified in this section. MUNICIPALITY further agrees that if COUNTY calculates effective and rollback tax rates, COUNTY shall publish the required notices on behalf of MUNICIPALITY. It is understood and agreed by the parties that the expense of publication shall be borne by MUNICIPALITY and that COUNTY shall provide MUNICIPALITY’s billing address to the newspaper publishing the effective and rollback tax rates.
