Covered Taxable Year definition

Covered Taxable Year means any Taxable Year of the Relevant Lazard Ltd Taxpayers ending after the Redemption Date and on or before the end of the Taxable Year including the date which is the twentieth-fourth (24th) anniversary of the Redemption Date.

Covered Taxable Year means any Taxable Year of the Corporation ending after the Original Sale Date and on or before the Scheduled Termination Date or Early Termination Date, as applicable.

Covered Taxable Year means any Taxable Year of Vantiv ending on or after the IPO Date and on or before the end of the first Taxable Year ending after all related Tax benefits from the Acquisition have either been utilized or have expired.

Examples of Covered Taxable Year in a sentence

• The parties shall cooperate in connection with any proposed revision to the Covered Tax Benefit (if any), the Covered Tax Detriment (if any) and the Tax Benefit Payment (if any) for a Covered Taxable Year.

• The Realized Tax Benefit or Realized Tax Detriment for each Covered Taxable Year is intended to measure the decrease or increase in the actual Covered Tax liability of the Relevant Lazard Ltd Taxpayers for such Covered Taxable Year attributable to the Basis Adjustment and Imputed Interest, determined using a “with and without” methodology.

• Tax Benefit Schedule to the Founding Members for any Covered Taxable Year: (i) NCM Inc.

• Within 10 calendar days after filing its U.S. federal income Tax Return for the relevant Covered Taxable Year, IBGI shall provide to IBG Holdings a schedule approved by the Audit Committee showing, in reasonable detail, the calculation of IBGI’s Realized Tax Benefit or Realized Tax Detriment for such Covered Taxable Year (the “Tax Benefit Schedule”).

• If for any Covered Taxable Year, the Hypothetical Tax Liability is greater than the Actual Tax Liability for such Covered Taxable Year, the Realized Tax Benefit for a Covered Taxable Year shall be calculated by subtracting the Actual Tax Liability for such Covered Taxable Year from the Hypothetical Tax Liability for such Covered Taxable Year.

More Definitions of Covered Taxable Year

Covered Taxable Year means any Taxable Year of IBGI ending after the Original Sale Date and on or before the Scheduled Termination Date or Early Termination Date, as applicable.

Covered Taxable Year means any Taxable Year of Newmark ending after the IPO Closing Date (as defined in the Separation Agreement) and on or before the end of the first Taxable Year ending after all Exchangeable Interests have been transferred to Newmark and in which all related Tax benefits have either been utilized or have expired.

Covered Taxable Year means any Taxable Year of Edgen ending after the Closing Date.

Covered Taxable Year means any Taxable Year of Premier ending before or including the Unilateral Termination Date.

Covered Taxable Year means with respect to each Founding Member or ESA Party, each Taxable Year of NCM Inc. for which Covered Taxes are due and payable, beginning with the Taxable Years that include the date of this Agreement, and ending with NCM Inc.’s Taxable Years that include: (i) the 30th anniversary of the date hereof; or, if earlier, (ii) the occurrence of a material and uncured breach of this Agreement by such Founding Member or ESA Party or, in the case of an ESA Party, the occurrence of a material and uncured breach of such ESA Party’s ESA with NCM LLC.

Covered Taxable Year means any Taxable Year of BGC Partners ending after the Closing Date (as defined in the Merger Agreement) and on or before the end of the first Taxable Year ending after all Exchangeable Interests have been transferred to BGC Partners and in which all related Tax benefits have either been utilized or have expired.

Covered Taxable Year means any Taxable Year of NPC ending on or after the Closing Date and on or before the end of the first Taxable Year in which all Tax benefits have either been utilized or have expired.