Calendar year taxing entity means a taxing entity that operates under a fiscal year that begins on January 1 and ends on December 31.
Post-Distribution Tax Period means a Tax period beginning and ending after the Distribution Date.
Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;
Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.
Taxable Year means a taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of state or local tax law, as applicable (and, therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or after the IPO Date.
Total After-Tax Payments means the total of all “parachute payments” (as that term is defined in Section 280G(b)(2) of the Code) made to or for the benefit of the Executive (whether made hereunder or otherwise), after reduction for all applicable federal taxes (including, without limitation, the tax described in Section 4999 of the Code).
Election Year means a year in which ordinary elections for local governments are required to be held;
transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;
Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.
taxation year means the calendar year to which an assessment roll applies for the purposes of taxation;
Tax Distribution Date has the meaning set forth in Section 4.01(b)(i).
Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.
Production Year means the 12- month period between September 1 of one year and August 31 of the following year, inclusive.
Straddle Tax Period means any taxable period beginning on or before and ending after the Closing Date.
Tax Distribution has the meaning set forth in Section 4.4.
Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.
Tax Distribution Amount means, with respect to a Member’s Units, whichever of the following applies with respect to the applicable Tax Distribution, in each case in amount not less than zero:
Relevant Year t means the Financial Year for the purposes of which any calculation falls to be made; "Relevant Year t-1" means the Financial Year preceding Relevant Year t, and similar expressions shall be construed accordingly;
Post-Distribution Period means any Tax Period beginning after the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Distribution Date.
Termination Year means the calendar year in which the Employment Period is terminated.
Tax Distributions has the meaning set forth in Section 4.01(b)(i).
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).
Base Tax Year means the property tax levy year used
Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.
Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.
Separate Return means (a) in the case of any Tax Return of any member of the SpinCo Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the Parent Group and (b) in the case of any Tax Return of any member of the Parent Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the SpinCo Group.
Tax Benefit Payment is defined in Section 3.1(b) of this Agreement.