Relevant Tax means any present or future taxes, duties, assessments or governmental charges of whatever nature, imposed or levied by or on behalf of any Relevant Jurisdiction or any authority therein or thereof having the power to tax.
Relevant Tax Authority means HMRC, or, if applicable, the tax authority in the jurisdiction in which the Supplier is established;
input tax , in relation to a vendor, means—
Relevant Taxing Jurisdiction shall have the meaning specified in Section 4.07(a).
foreign tax means any Foreign Income Taxes or Foreign Other Taxes.
Federal Tax means any Tax imposed under Subtitle A of the Code.
Federal poverty level means the poverty level as defined by the most recently revised poverty income guidelines published by the United States Department of Health and Human Services in the Federal Register.
Relevant Test Period With respect to any Loan, the relevant test period for the calculation of Net Senior Leverage Ratio, Interest Coverage Ratio, Total Net Leverage Ratio or EBITDA as applicable, for such Loan in accordance with the related Underlying Instruments or, if no such period is provided for therein, (i) for Obligors delivering monthly financial statements, each period of the last twelve (12) consecutive reported calendar months, and (ii) for Obligors delivering quarterly financial statements, each period of the last four (4) consecutive reported fiscal quarters of the principal Obligor on such Loan; provided that with respect to any Loan for which the relevant test period is not provided for in the related Underlying Instruments, if an Obligor is a newly-formed entity as to which twelve (12) consecutive calendar months have not yet elapsed, “Relevant Test Period” shall initially include the period from the date of formation of such Obligor to the end of the twelfth (12th) calendar month or fourth (4th) fiscal quarter (as the case may be) from the date of formation, and shall subsequently include each period of the last twelve (12) consecutive reported calendar months or four (4) consecutive reported fiscal quarters (as the case may be) of such Obligor.
Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.
MUNICIPAL TAXABLE INCOME means the following:
council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;
Net Taxable Income has the meaning set forth in Section 4.01(b)(i).
Effective tax rate means the rate that will produce last year’s total tax levy (adjusted) from this year’s total taxable values (adjusted). “Adjusted” means lost values are not included in the calculation of last year’s taxes and new values are not included in this year’s taxable values.
relevant planning authority means the district planning authority for the area in which the land to which the relevant provision of this Order applies is situated;
VAT Group means a group for the purposes of the VAT Grouping Legislation.
Estimated Provincial Subsidy means the estimated provincial subsidy to be provided by a LHIN to an HSP calculated in accordance with Applicable Law and Applicable Policy.
integrated tax means the integrated goods and services tax levied under the Integrated Goods and Services Tax Act;
Sales Tax means all applicable provincial and federal sales, use, value-added or goods and services taxes, including GST/HST;
relevant week means the reduction week or part-week in which the capital in question of which the applicant has deprived himself within the meaning of paragraph 67(1)—
Indirect Tax means any goods and services tax, consumption tax, value added tax or any tax of a similar nature.
relevant year means a year commencing at 00:00 hours on 1 April and ending at 23:59 hours on the following 31 March;
REO Tax As defined in Section 3.17(a).
Tax Authority means, with respect to any Tax, the governmental entity or political subdivision thereof that imposes such Tax, and the agency (if any) charged with the collection of such Tax for such entity or subdivision.
Input Tax Credit means the credit of input tax;
Relevant Tax Jurisdiction ’ shall mean, in the case of payment by the Issuer, the Grand-Duchy of Luxembourg (where the Issuer is FFT), Canada (where the Issuer is FFC) or the United States of America (where the Issuer is FFNA) or any political subdivision or any authority thereof or therein having power to tax and, in the case of payment by the Guarantor, shall mean the Republic of Italy and any political subdivision or any authority thereof or therein having power to tax.
Agreement combined tax rate means the sum of the tax rates: