Consolidated Tax Expense definition

Consolidated Tax Expense means, for any period, the tax expense of Holdings and its Subsidiaries, for such period, determined on a consolidated basis in accordance with GAAP.

Consolidated Tax Expense means, for any period with respect to any Relevant Taxing Jurisdiction, the provision for all national, local and foreign federal, state or other income taxes of the Parent Guarantor and the Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with IFRS.

Consolidated Tax Expense means, for any period, the tax expense of Borrower and its Subsidiaries, for such period, determined on a consolidated basis in accordance with GAAP.

Examples of Consolidated Tax Expense in a sentence

• Consolidated Tax Expense – For any period, the aggregate consolidated amount of income tax expense of Borrower, as determined in accordance with GAAP; provided, however that such consolidation shall not include the amount of income tax expense of Non-Consolidation Entities.

• For any period, Borrower’s Consolidated Net Income (or deficit) plus (a) Consolidated Interest Expense, plus (b) Consolidated Depreciation Expense, plus (c) Consolidated Amortization Expense, plus (d) Consolidated Tax Expense, plus (e) all other non-cash expenses (including non-cash stock compensation), minus (f) extraordinary gains, plus (g) Non-Controlling Interest Expense, all as determined in accordance with GAAP.

• Permitted Bonus - For any fiscal year, twenty -seven percent (27%) of the sum of (a) Consolidated Net Income plus (b) Consolidated Tax Expense.

• Consolidated EBITDA - For any period, Resorts’ Consolidated Net Income (or deficit) before extraordinary items plus (a) Consolidated Interest Expense, plus (b) Consolidated Depreciation Expense, plus (c) Consolidated Amortization Expense, plus (d) Consolidated Tax Expense, plus (e) the non-cash value of stock compensation, plus (f) expenses in connection with restricted stock grants, all as determined in accordance with GAAP.

• CONSOLIDATED EBITDA - For any period, Borrowers' Consolidated Net Income (or deficit) PLUS (a) Consolidated Interest Expense, (b) Consolidated Tax Expense, (c) Consolidated Depreciation Expense, (d) Consolidated Amortization Expense MINUS (e) extraordinary gains and PLUS (f) extraordinary losses, all as determined in accordance with GAAP.

More Definitions of Consolidated Tax Expense

Consolidated Tax Expense means, with respect to any Person for any Test Period, taxes based on gross receipts, income, profits or capital, franchise, excise or similar taxes, and foreign withholding taxes, of such Person and its Restricted Subsidiaries for such Test Period, including (1) penalties and interest related thereto and (2) tax distributions made to any direct or indirect holders of Equity Interests of such Person in respect of any such taxes.

Consolidated Tax Expense means, for any period, the tax expense of U.S. Borrower and its Subsidiaries, for such period, determined on a consolidated basis in accordance with GAAP.

Consolidated Tax Expense means, for any period, the provision for U.S. federal, state, provincial, local and foreign income taxes of all Restricted Entities for such period as determined on a consolidated basis in accordance with GAAP.

Consolidated Tax Expense means, with reference to any period, the tax expense of the Domestic Borrower and its Subsidiaries calculated on a consolidated basis for such period.

Consolidated Tax Expense for any Person means, for any period, the ------------------------ consolidated tax expense of such Person for such period, determined on a consolidated basis for such Person and its consolidated Subsidiaries in conformity with GAAP.

Consolidated Tax Expense means, with respect to any Person for any period, the aggregate of the U.S. Federal, state and local tax expense attributable to taxes based on income and foreign income tax expenses of such Person and its Restricted Subsidiaries for such period (net of any income tax benefit), determined in accordance with GAAP (and, for the avoidance of doubt, excluding all amounts attributable to Unrestricted Subsidiaries), other than taxes (either positive or negative) attributable to extraordinary or unusual gains or losses or taxes attributable to sales or dispositions of assets.

Consolidated Tax Expense means, with reference to any period, the tax expense of BEM and its Subsidiaries calculated on a Consolidated basis for such period.