Tax Item. Tax Item" means any item of income, gain, loss, deduction or credit, or other attribute that may have the effect of increasing or decreasing any Tax.
Appears in 4 contracts
Samples: Tax Sharing Agreement (Packaging Dynamics Corp), Tax Sharing Agreement (NTL Europe Inc), Tax Sharing Agreement (Packaging Dynamics Corp)
Tax Item. The term βTax Item" means β shall mean any item of income, gain, loss, deduction or deduction, credit, recapture of credit or any other attribute that may have the effect of increasing item which increases or decreasing any Taxdecreases Taxes paid or payable.
Appears in 2 contracts
Samples: Purchase and Contribution Agreement (Watsco Inc), Purchase and Contribution Agreement (Watsco Inc)
