Bank Tax means any Tax imposed on the overall net income of any Lender or the Administrative Agent, and franchise taxes imposed on any such Person in lieu of net income taxes, by the jurisdiction under the laws of which such Person is organized, or in the case of any Lender by the jurisdiction of such Lender’s Applicable Lending Office, or, in either case, any political subdivision thereof.
Bank Tax means any Tax based on or measured by net income or franchise taxes (imposed in lieu of net income taxes) imposed upon any Bank or the Administrative Agent by any jurisdiction (or any political subdivision thereof) in which such Bank, the Administrative Agent or any Lending Office is organized or located or doing business that is unrelated to this Agreement.
Bank Tax means any net income or franchise tax imposed upon any Bank by any jurisdiction (or political subdivision thereof) in which such Bank or any of its Lending Offices is located, organized or conducting business on the date that such Bank became a Bank hereunder.
Examples of Bank Tax in a sentence
The Participant should speak with Participant’s personal tax advisor to determine Participant’s obligations with respect to the Bank Tax and whether the Participant may be eligible for an exemption from the Bank Tax.
Accordingly, in exercise of the powers conferred in section 80C(2)(xv), the Central Government has specified the National Housing Bank (Tax Saving) Term Deposit Scheme, 2008, the subscription to which would qualify for deduction under section 80C.
It is possible that the Bank Tax may apply to payments made to the Participant’s bank account in relation to the sale of any shares of Common Stock acquired upon vesting of the Performance Share Units and/or the receipt of any cash dividends paid with respect to shares of Common Stock, although there are some limited exemptions from the Bank Tax.
Liberty agrees to ensure that EROs affiliated with Liberty that select Republic as their Financial Products provider accept and/or agree to the Republic Bank Tax Refund Solutions ERO Agreement.
The Participant should speak with the Participant’s personal tax advisor to determine the Participant’s obligations with respect to the Bank Tax and whether the Participant may be eligible for an exemption from the Bank Tax.
More Definitions of Bank Tax
Bank Tax means (i) any Tax based on or measured by net income of a Lender, any franchise Tax and any doing business Tax imposed upon any Lender by any jurisdiction (or any political subdivision thereof) in which such Lender or any lending office of a Lender is located and (ii) for the purposes of Section 1.13, any other Tax imposed by a jurisdiction other than the United States or a political subdivision thereof that would not have been imposed but for a present or former connection between such Lender or lending office (as the case may be) and such jurisdiction.
Bank Tax means (i) any Tax based on or measured by net income of a Lender Party, any franchise Tax and any doing business Tax imposed upon any Lender Party by any jurisdiction (or any political subdivision thereof) in which such Lender Party or any lending office of a Lender Party is located and (ii) for the purposes of Section 1.13, any other Tax imposed by a jurisdiction other than the United States or a political subdivision thereof that would not have been imposed but for a present or former connection between such Lender Party or lending office (as the case may be) and such jurisdiction.
Bank Tax means (i) any Tax based on or measured by net income of a Lender, any franchise Tax and any doing business Tax imposed upon any Lender by any jurisdiction (or any political subdivision thereof) in which such Lender or any lending office of a Lender is located and (ii) for the purposes of Section 1.12 (Taxes on Payments), any other Tax imposed by a jurisdiction other than the United States or a political subdivision thereof that would not have been imposed but for a present or former connection between such Lender or lending office (as the case may be) and such jurisdiction.
Bank Tax means any income or franchise tax imposed upon any Bank by any jurisdiction (or political subdivision thereof) in which such Bank (or any of its branches or offices designated by such Bank from time to time as the branch or office at which its Loans are to be made or maintained) is located.
Bank Tax means any income (including net income), franchise, gains or -------- profits Taxes (or similar Taxes imposed in lieu of such Taxes) that are imposed by any taxing authority in any jurisdiction (including any political subdivision thereof) in which the relevant Bank (or its Lending Office) or the Administrative Agent (as the case may be) is organized, managed or controlled or doing business or would not otherwise be subject to such Taxes but for a present or former connection between such jurisdictions or the taxing authority imposing such Taxes and the Bank or any Person affiliated with such Bank (including, without limitation, a connection arising from such Bank or affiliated Person being or having been a citizen or resident of such jurisdiction, or being or having been, organized, present or engaged in a trade or business in such jurisdiction, or having or having had a permanent establishment or fixed place or business in such jurisdiction).
Bank Tax any Tax based on or measured by net income, any franchise -------- Tax and any doing business Tax (including any gross receipts Tax in the nature of a doing business Tax), or any tax measured by any similar standard, imposed upon any Lender or the Agent by any jurisdiction (or any political subdivision thereof) in which such Lender or the Agent is located and/or doing business.
Bank Tax means any Tax directly or indirectly measured by reference to or imposed as a result of the equity, assets, liabilities, leverage or other exposures to risk of the Lender or of any Affiliate of the Lender, the nature of the activities or transactions undertaken by the Lender or of any Affiliate of the Lender or other similar factors and includes any similar Tax levied or imposed in any other jurisdiction.