Cash Taxes definition

Cash Taxes in respect of any fiscal period means amounts actually paid by the Companies in such fiscal period in respect of income and capital Taxes (whether relating to such fiscal period or any other fiscal period).

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Cash Taxes means, with respect to any Test Period, all taxes paid or payable in cash by the Borrower and its Restricted Subsidiaries during such period.

Cash Taxes means, with respect to any referenced Person, for any applicable period, the taxes paid in cash by such Person during such period.

Examples of Cash Taxes in a sentence

• The Company and the Restricted Subsidiaries will cause, for each Quarter, the ratio of (i) Operating Cash Flow for the period of four Quarters ending with such Quarter less Consolidated Cash Taxes paid during such period of four Quarters to (ii) Total Debt Expense for such period of four Quarters ending with such Quarter to be at least equal to 1.50 to 1.

• Cash Taxes — with respect to any fiscal period, taxes on or measured by the income of Reseller that are paid or currently payable in cash by Reseller any during that fiscal period.

• The covenant is defined as follows: EBITDA + non-cash restructuring expenses + cash from intercompany loans and/or advances divided by interest expense + Current Maturities of Long Term Debt (prior four quarters) + Cash Taxes + Tangible and Intangible CAPEX (net of financed CAPEX) + Dividends/Distributions + Repayment of Intercompany loans or advances.

• Borrower and is Subsidiaries shall not, as of the last day of any fiscal quarter during the following periods, permit the ratio of (a) EBITDA, minus Cash Taxes, minus Capital Expenditures not financed with Indebtedness permitted hereunder, to (b) Debt Service, in each case for the four (4) fiscal quarters ending on the date of determination, to be less than 1.35 to 1.0. This Section 9.3 shall be based on the rolling four (4) quarter cash flow and debt service obligations of Borrower and its Subsidiaries.

• The adoption of the new revenue recognition rules is expected to impact the Cash Taxes payable by the Company.

More Definitions of Cash Taxes

Cash Taxes means, for the applicable period, for the Loan Parries on a consolidated basis, the aggregate of all income taxes of such Persons as determined in accordance with GAAP, to the extent the same are paid in cash.

Cash Taxes means, for any period, federal, state and local taxes of a Person based on income and business activity payable in the actual cash during such period.

Cash Taxes means for any Person for any period, the amount of all income Taxes (including federal and provincial income Taxes) and other Taxes payable by such Person on its net taxable income or its capital for such period (which for greater certainty, does not include deferred Taxes or refundable Taxes).

Cash Taxes means, cash taxes as calculated in accordance with GAAP.

Cash Taxes for any fiscal quarter of the Borrower and its Subsidiaries, means federal income taxes and state taxes actually paid by the Borrower and its Subsidiaries during such quarter.

Cash Taxes means, for any Person, the sum of all cash income taxes paid or required to be paid during the period in question, as determined in accordance with GAAP applied consistently.

Cash Taxes means those Taxes which have been satisfied via payment of cash.