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Common use of Tax Gross-Up Amount Clause in Contracts

Tax Gross-Up Amount. Transmission Developer’s liability for the cost consequences of any current tax liability under this Article 5.12 shall be calculated on a fully grossed-up basis. Except as may otherwise be agreed to by the parties, this means that Transmission Developer will pay Connecting

Appears in 6 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

Tax Gross-Up Amount. Transmission Developer’s liability for the cost consequences of any current tax liability under this Article 5.12 5.17 shall be calculated on a fully grossed-grossed- up basis. Except as may otherwise be agreed to by the partiesDeveloper and an affected Connecting Transmission Owner, this means that Transmission Developer will pay Connectingthe affected Connecting Transmission Owner, in addition to the amount paid for the SERVICE AGREEMENT NO. 1757

Appears in 2 contracts

Samples: Interconnection Agreement, Interconnection Agreement

Tax Gross-Up Amount. Transmission Developer’s liability for the cost consequences of any current tax liability under this Article 5.12 shall be calculated on a fully grossed-up basis. Except as may otherwise be agreed to by the parties, this means that Transmission Developer will pay ConnectingConnecting Transmission Owner, in addition to the amount paid for the Network Upgrade Facilities, an amount equal to (1) the current taxes imposed on Connecting Transmission Owner (“Current Taxes”) on the excess of (a) the gross income realized by Connecting Transmission Owner as a

Appears in 2 contracts

Samples: Transmission Project Interconnection Agreement, Transmission Project Interconnection Agreement

Tax Gross-Up Amount. Transmission Developer’s liability for the cost consequences of any current tax liability under this Article 5.12 5.17 shall be calculated on a fully grossed-grossed- up basis. Except as may otherwise be agreed to by the parties, this means that Transmission Developer will pay ConnectingConnecting Transmission Owner, in addition to the amount

Appears in 1 contract

Samples: Transmission Facility Interconnection Agreement

Tax Gross-Up Amount. Transmission Developer’s liability for the cost consequences of any current tax liability under this Article 5.12 5.17 shall be calculated on a fully grossed-grossed- up basis. Except as may otherwise be agreed to by the partiesDeveloper and an affected Connecting Transmission Owner, this means that Transmission Developer will pay Connectingthe affected SERVICE AGREEMENT NO. 1757

Appears in 1 contract

Samples: Interconnection Agreement