Change in Relevant Taxes definition

Change in Relevant Taxes has the meaning given in the Access Undertaking. Charge means:
Change in Relevant Taxes has the meaning given in the Access Undertaking.means:
Change in Relevant Taxes has the meaning given in the Access Undertaking. Chargee has the meaning given in clause 26.3. Chargor has the meaning given in clause 26.3. Claim means any action, proceeding, claim, demand, damage, loss, cost, liability or expense, including the costs and expenses of defending or settling any action, proceeding, claim or demand. Coal System has the meaning given in the Access Undertaking. Collateral has the meaning given in the PPS Act. Commencement Date means the date of this Agreement. Commitment Date means the earliest Train Service Commitment Date under this Agreement.

Examples of Change in Relevant Taxes in a sentence

  • Aurizon must submit a variation of the Reference Tariff to the Access Regulator in accordance with the Access Undertaking in respect of any amounts, individually or in aggregate in excess of $[insert], paid by the Trustee to Aurizon which were due and payable by the Trustee to Aurizon as a result of a Change in Law or a Change in Relevant Taxes (as each is defined in the Access Undertaking).

Related to Change in Relevant Taxes

  • 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.

  • Applicable Withholding Taxes means the minimum aggregate amount of federal, state and local income and payroll taxes that the Company is required by applicable law to withhold in connection with any Incentive Award.

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.