Deferred Tax Assets definition

Deferred Tax Assets means, as of a given date, the amount of deferred Tax benefits that would be recognized as assets on a business enterprise’s balance sheet computed in accordance with GAAP.

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Deferred Tax Assets means any deferred Tax assets of the Group Companies measured as at 4 p.m., New York City time on the Business Day immediately prior to the Closing and all calculated in accordance with the line items as set forth in Exhibit C and consistent with the sample calculation of “Deferred Tax Assets” as of the date hereof, set forth on Exhibit C for illustrative purposes only.

Deferred Tax Assets means the tax consequences attributable to tax carryforwards and deductible temporary differences. Tax carryforwards are deductions or credits that cannot be used for tax purposes during the current period, but can be carried forward to reduce taxable income or taxes payable in a future period or periods. Temporary differences are financial events or transactions that are recognized in one period for financial statement purposes, but are recognized in another period or periods for income tax purposes. Deductible temporary differences are temporary differences that result in a reduction of taxable income in a future period or periods.

Examples of Deferred Tax Assets in a sentence

• There shall be no adjustments, payments or obligations among the Parties made pursuant to this agreement for any gains or losses with respect to amounts shown on a Party’s balance sheet or other financial statements and not specifically allocated herein, including but not limited to FIN 48 reserves, Deferred Tax Assets, Deferred Tax Liabilities and other Tax accounting entries.

• There shall be no adjustments, payments, or obligations among the Parties made pursuant to this agreement for any gains or losses with respect to amounts shown on a Party’s balance sheet or other financial statements and not specifically allocated herein, including but not limited to ASC 740-10 reserves, Deferred Tax Assets, Deferred Tax Liabilities, and other Tax accounting entries.

• For the avoidance of doubt, the fact that any Deferred Tax Assets may not have been utilised prior to 30 June 2011 (or in the case of ID&J India, 30 June 2012 or 31 December 2012 as applicable) shall not prevent the Final Completion Date from occurring for the purpose of Clause 4.3.

• Loan note, not for sale Nortel Inversora S.A. Listed, but B-share not trade able Nueva Terrain S.L. Shared Asset held for sale PGAM Advanced Technologies AG In liquidation RBS Capital (USA) LLC Awaiting Liquidation Retained Business Deferred Tax Assets To be paid for in accordance with the Separation Tax Agreement if utilised by an RBS Acquired Company Silita S.L. In liquidation Swyx Solutions GmbH In liquidation Tavve Software Company Inc.

• The parties agree that as at the date of this Agreement the assets of the RBS Holdings Group which have been identified as assets forming part of the State Acquired Businesses include the State Deferred Tax Assets.

More Definitions of Deferred Tax Assets

Deferred Tax Assets and "Other Assets" all as classified on Numatics' consolidated balance sheet, including, but not limited to, transaction costs not amortized, debt issuance costs not amortized and product drawings, as determined solely by Lender on a consistent basis less prepaid expenses and obligations due from officers, affiliates and employees plus the amount of any LIFO reserve plus the amount of any debt subordinated to the Liabilities in a manner satisfactory to Lender (but excluding the indebtedness evidenced by the Subordinated Redemption Note dated January 3, 2001 in the principal amount of One Million Eighty-Nine Thousand Nine Hundred Ninety-Six and No/100 Dollars ($1,089,996.00) issued by Numatics to ▇▇▇▇▇ ▇. ▇▇▇▇▇ and, to the extent in excess of Five Hundred Thousand and No/100 Dollars ($500,000.00), indebtedness consisting of deferred compensation owing to ▇▇▇▇ ▇▇▇▇▇▇) plus deferred tax liabilities, all as determined for Numatics and its Subsidiaries on a consolidated basis under generally accepted accounting principles applied on a basis consistent with the financial statement dated September 30, 2001 except as set forth herein and calculated without giving effect to any unrealized non-cash foreign exchange gains and/or losses accumulating after December 31, 2001;

Deferred Tax Assets means the State Deferred Tax Assets, the Santander Deferred Tax Assets and/or the Retained Business Deferred Tax Assets;

Deferred Tax Assets means the Transferor’s deferred tax assets relating to the Transferred Assets or any assumed Liability that is carried on its books.

Deferred Tax Assets or “DTA” mean a deferred tax asset that would be recognized as a deferred tax asset under GAAP for the gross deferred tax asset before non admittance or valuation allowance considerations, determined as of the Effective Date.

Deferred Tax Assets shall have the meaning as specified in Clause 3.2(c).

Deferred Tax Assets means any asset line items for deferred Taxes shown on the Acquisition Balance Sheet or Seller's Financial Statements.

Deferred Tax Assets shall have the meaning assigned thereto in Article 2.3.2;