Deduction definition

Deduction means the amount that is treated as deductible from the taxable income under the laws of the payer or investor jurisdiction. The term 'deductible' shall be construed accordingly.

Deduction has the meaning ascribed to such term in the definition of Operating Profit.

Deduction has the meaning set out in Schedule 8 [Payments];

Examples of Deduction in a sentence

• To the Knowledge of Seller, no event or condition exists that would permit the Licensee to claim any License Fee Deduction.

• Payroll deduction shall be made from the pay of the administrator; provided, however, the initial deduction for any unit member shall not begin unless both (1) a properly executed "Voluntary Authorization for Deduction of Association Dues or Service Fees" and (2) the amount of the dues or service fees certified by the Treasurer of the Association has been delivered to the Board at least thirty (30) calendar days prior to the first payday of the calendar month.

• In connection therewith, the parties will enter into a Confirmation reflecting the quantity to be delivered, the Minimum Monthly Quantity and the Prepayment Deduction Amount.

• Deduction authorization forms that the City receives before the payroll processing deadline shall begin the first full pay period following receipt of the written, signed authorization agreement by the City from the Union.

• The Borrower shall pay all principal, interest, indemnities and other amounts due under this Contract gross without any withholding or deduction of any national or local impositions or Taxes whatsoever (“Tax Deduction”), provided that if the Borrower is required by law or an agreement with a governmental authority or otherwise to make any Tax Deduction, it will gross up the payment to the Bank so that after making the Tax Deduction, the net amount received by the Bank is equivalent to the sum due.

More Definitions of Deduction

Deduction means a verifiable amount the individual pays for an expense. Garnishments or liens placed against earned or unearned income of an individual are not considered a deduction, regardless of the reason for the garnishment or lien.

Deduction shall have the meaning ascribed to such term in the definition of Operating Profit. Deductions shall not include (i) payments with respect to items for which Manager has given an indemnity, to the extent of such indemnity, (ii) payments with respect to items for which Manager has agreed to be liable at its own cost and expense herein, (iii) any item specifically stated not to be a Deduction herein, and (iv) any item for which Manager or any Affiliate has agreed to be liable (other than at the cost and expense of Tenant or any Affiliate) under the terms of any Incidental Document or any other agreement between Manager or any Affiliate and Tenant or any Affiliate.

Deduction means a deduction from a Service Payment, calculated in accordance with Schedule 8 [Payments];

Deduction under the Management Agreement. "Landlord Obligations" shall not include any sales, use, gross receipts, occupancy, single business, transaction, privilege, rent, ad valorem or other tax not specifically enumerated herein.

Deduction means an amount subtracted from a payment, before an individual receives the payment, for:

Deduction means the total number of growth allocation acres that are necessary for approval of a growth allocation project and, after approval by the Commission, are subtracted from the growth allocation reserves of the local jurisdiction in which the project is located.

Deduction for any period during the Term means the sum of [*****].