Actual Taxation Liability definition

Actual Taxation Liability means a liability to make an actual payment of Taxation whether or not such Taxation is also or alternatively chargeable against or attributable to any other person;
Sample 1Sample 2Sample 3
Actual Taxation Liability means a liability of a Group Company to make an actual payment of, or of an amount in respect of, Taxation;
Sample 1
Actual Taxation Liability means, with respect to a U.K. Purchased Subsidiary, a liability of such U.K. Purchased Subsidiary or an increase in a liability of such U.K. Purchased Subsidiary to make an actual payment of or of an amount in respect of Tax, whether or not such Tax is also or alternatively chargeable against or attributable to any other person and whether or not such liability or increased liability is discharged prior to Closing.
Sample 1Sample 2

Examples of Actual Taxation Liability in a sentence

  • Any stamp duty or other transfer tax which is charged on any instrument (whether or not the instrument is presently within the United Kingdom) in either case which is required to be stamped in order to prove right or title of the Company to any asset or to enforce the Company’s rights and any interest, fines or penalties relating to such stamp duty or other transfer tax, shall be deemed to be an Actual Taxation Liability of the Company which arose at the date of execution of the instrument.

  • Actual Taxation Liability in respect of which the Purchaser would, but for that setting-off, have been able to make a claim against the Covenantor under this Deed.

  • In addition, use of the phrase “despite the family’s continued requests” is misleading.

  • Accounts against an Actual Taxation Liability in respect of which the Purchaser would, but for that setting-off, have been able to make a claim against the Covenantor under this Deed.

  • If the Buyer becomes liable to make a payment under paragraph 10.1, the Buyer shall pay such amount in cleared immediately available funds on or before the later of the date 2 Business Days before that Actual Taxation Liability is finally due and payable and the date 10 Business Days after the date of written demand on the Buyer by the Seller.


More Definitions of Actual Taxation Liability

Actual Taxation Liability means a liability, or an increase in a liability, to make an actual payment of or of an amount in respect of Taxation whether or not such Taxation is also or alternatively, directly or indirectly, chargeable against or attributable to any other person and whether or not any amount in respect thereof is recoverable from any other person and whether or not such liability or increased liability is discharged prior to Closing.
Sample 1
Actual Taxation Liability has the meaning given in part 1 of schedule 3;
Sample 1
Actual Taxation Liability has the meaning given in part 1 of schedule 3 AUTOTYPE UK means Autotype International Limited, further details of which are set out in part 1 of schedule 1 AUTOTYPE USA means Autotype Holdings (USA) Inc, further details of which are set out in part 1 of schedule 1 ASSOCIATED UNDERTAKING means Holotools GmbH, further details of which are set out in part 3 of schedule 1 BUSINESS means the business carried on by the Group as at the date of this Agreement and includes any part or parts of such business BUSINESS DAY means a day other than a Saturday or a Sunday on which clearing banks are open for business in London for dealings in Sterling
Sample 1
Actual Taxation Liability has the meaning given to it in part 1 of schedule 2;
Sample 1
Actual Taxation Liability means a liability of a Group Company to make an actual payment of, or of an amount in respect of, Taxation; “Buyer’s Relief” means:
Sample 1
Actual Taxation Liability has the meaning given to that expression in the Taxation Deed;
Sample 1

Related to Actual Taxation Liability

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.

  • Actual emissions means the actual rate of emissions in tpy of any regulated pollutant (for fee calculation) emitted from a Part 71 source over the preceding calendar year. Actual emissions shall be calculated using each emissions unit’s actual operating hours, production rates, in-place control equipment, and types of materials processed, stored, or combusted during the preceding calendar year.

  • criminal tax matters means tax matters involving intentional conduct whether before or after the entry into force of this Agreement which is liable to prosecution under the criminal laws of the requesting Party;

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • Unfunded Pension Liability means the excess of a Pension Plan’s benefit liabilities under Section 4001(a)(16) of ERISA, over the current value of that Pension Plan’s assets, determined in accordance with the assumptions used for funding the Pension Plan pursuant to Section 412 of the Code for the applicable plan year.

  • Unpaid estimated income tax means estimated income tax due but not paid by the date the tax is required to be paid under applicable law.

  • Unfunded Pension Liabilities means the excess of a Plan’s benefit liabilities under Section 4001(a)(16) of ERISA, over the current value of that Plan’s assets, determined in accordance with the assumptions used by the Plan’s actuaries for funding the Plan pursuant to Section 412 of the Code for the applicable plan year.

  • Tax roll means a permanent record of the taxes charged on property, as extended

  • Annual Special Tax means the Special Tax actually levied in any Fiscal Year on any Assessor’s Parcel.

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Baseline actual emissions means the rate of emissions, in tons per year, of a regulated NSR pollutant, as determined in accordance with paragraphs (i) through (iv) of this definition.

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • Controlled Group Liability means any and all liabilities (i) under Title IV of ERISA, (ii) under Section 302 of ERISA, (iii) under Sections 412 and 4971 of the Code, (iv) as a result of a failure to comply with the continuation coverage requirements of Section 601 et seq. of ERISA and Section 4980B of the Code, and (v) under corresponding or similar provisions of foreign laws or regulations.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Special Taxes means any and all present or future taxes, levies, imposts, deductions, charges or withholdings, or any liabilities with respect thereto, including those arising after the date hereof as result of the adoption of or any change in law, treaty, rule, regulation, guideline or determination of a Governmental Authority or any change in the interpretation or application thereof by a Governmental Authority but excluding, in the case of Lender, such taxes (including income taxes, franchise taxes and branch profit taxes) as are imposed on or measured by Lender’s net income by the United States of America or any Governmental Authority of the jurisdiction under the laws under which Lender is organized or maintains a lending office.

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).

  • Unfunded Liability means the amount (if any) by which the present value of all vested and unvested accrued benefits under all Pension Plans exceeds the fair market value of all assets allocable to those benefits, all determined as of the then most recent valuation date for each Pension Plan, using PBGC actuarial assumptions for single employer plan terminations.

  • Special Tax means the special tax to be levied in each Fiscal Year on each Assessor’s Parcel of Taxable Property to fund the Special Tax Requirement.

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • Foreign Benefit Arrangement means any employee benefit arrangement mandated by non-U.S. law that is maintained or contributed to by any Credit Party or any of its Subsidiaries.

  • Environmental, Health and Safety Liabilities means any cost, damages, expense, liability, obligation or other responsibility arising from or under any Environmental Law.

  • Taxable Wage Base means, with respect to any Plan Year, the contribution and benefit base under Section 230 of the Social Security Act at the beginning of such Plan Year.

  • MUNICIPAL TAXABLE INCOME means the following: