Applicable Tax Year definition

Applicable Tax Year means the Tax Year in which the Plan Year begins.
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Applicable Tax Year means, the tax year ending December 31 of the year set forth on Annex B in the column entitled “Tax Year.”
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Applicable Tax Year means the Taxable Year in which a Plan Year commences.
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Examples of Applicable Tax Year in a sentence

  • Any payment required to be made to (or by) Oncor under this Section 8 which relates to Taxes described in Section 6(a) with respect to the Oncor Separate Tax Liability shall be made by (or to) EFH, Minority Investor and Management Investor in accordance with their Sharing Percentages for the Applicable Tax Year with respect to which the Tax liability of Oncor is redetermined as a result of such Final Determination, and any payment that relates to Taxes described in Section 6(b)(ii) shall be made by EFH.

  • Pursuant to the TSA, Oncor is required to pay each Member (as such term is defined in the TSA) its Share Percentage (as such term is defined in the TSA) with respect to any Oncor Separate Tax Liability (as such term is defined in the TSA) for each Applicable Tax Year (as such term is defined in the TSA) together with certain further payments upon adjustment or recalculation of such amounts.

  • For each Plan Year beginning on and after December 31, 2000, the Employer shall make a discretionary Specified Minimum Employer Contribution on behalf of the group of Employees who are Employees and Plan Participants from the first day through the last day of the Applicable Tax Year (First Day Participants).


More Definitions of Applicable Tax Year

Applicable Tax Year means each U.S. federal income tax year of Parent that ends after the Closing Date up to and including the U.S. federal income tax year of Parent that includes the date on which the full release of the Escrow Amount to the Securityholders’ Representative occurs pursuant to Section 11.11 and the Escrow Agreement. For the avoidance of doubt, the final Applicable Tax Year shall be the tax year of the Parent that includes the date on which the full release of the Escrow Amount to the Securityholders’ Representative under Section 11.11 and the Escrow Agreement occurs.
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Related to Applicable Tax Year

  • Applicable Tax Rate means (a) 40% or (b) if, at the time of the relevant distribution described in Section 7.6(f) herein, the highest combined federal, state and local marginal rate applicable to corporate taxpayers residing in New York City, New York, taking into account the deductibility of state and local income taxes for federal income tax purposes shall exceed 40%, such higher rate.

  • Applicable Tax Law means any foreign, federal, state or local tax law, statute, regulation, rule, code or ordinance enacted, adopted, issued or promulgated by any Governmental Body or common law that apply to any party hereto, this Agreement or the activities contemplated hereby, as applicable.

  • Applicable Taxes means the Goods and Services Tax (GST), the Harmonized Sales Tax (HST), and any provincial tax, by law, payable by Canada such as, the Quebec Sales Tax (QST) as of April 1, 2013.

  • Applicable Tax means any tax applicable in the jurisdiction of the Work;

  • Applicable Tax State means, as of any date, (i) any State in which the Owner Trustee maintains the Corporate Trust Office, (ii) any State in which the Owner Trustee maintains its principal executive offices and (iii) any State in which the Servicer regularly conducts servicing and collection activities (other than purely ministerial activities) with respect to a material portion of the Receivables.