Direct Taxes definition

Direct Taxes means any sales, use, gross receipts, goods and services, excise or personal property Taxes imposed on or with respect of any Pool Receivable.
Direct Taxes means taxes on wages, profits, interests, rents, royalties, and all other forms of income, and taxes on the ownership of real property,
Direct Taxes means taxes on wages, profits, interests, rents, royalties, and all other forms of income, and taxes on the ownership of real property; The term "import charges" shall mean tariffs, duties, and other fiscal charges not elsewhere enumerated in this note that are levied on imports;

Examples of Direct Taxes in a sentence

  • Company is responsible for its own Direct Taxes and may not charge or otherwise recover Direct Taxes from Licensee.

  • Pay when due, or at the option of the Administrative Agent timely reimburse it for the payment of, any Direct Taxes payable in connection with the Pool Receivables, exclusive of any Direct Taxes the validity of which are being contested in good faith by appropriate proceedings and for which adequate reserves in accordance with relevant GAAP shall have been set aside on its books.


More Definitions of Direct Taxes

Direct Taxes means any severance, ad valorem, or other direct taxes on properties owned by any Restricted Person or the production therefrom or the proceeds of such production; provided that federal, state, or local income or franchise taxes shall in no event be considered Direct Taxes.
Direct Taxes means any severance, ad valorem, or other direct taxes on properties owned by any Credit Party or the production therefrom or the proceeds of such production; provided that federal, state, or local income or franchise taxes shall in no event be considered Direct Taxes.
Direct Taxes means sales, use, excise, gross receipts, fuel, value added, export/import, acquisition, transfer and similar Taxes, or any inspection fees, environmental fees and similar amounts imposed on or with respect to any Eligible Farmer Loan or any Contracts related thereto.
Direct Taxes comprises all taxes on total income, on total capital or on elements of income or of capital, including taxes on gains from the alienation of property, taxes on estates, inheritances and gifts, and taxes on the total amounts of wages or salaries paid by enterprises, as well as taxes on capital appreciation;
Direct Taxes means production, severance, ad valorem, excise or other taxes or governmental charges or assessments on (i) the Eligible Proved Properties, (ii) the production therefrom or (iii) the proceeds of such production, but excluding any income or franchise taxes.
Direct Taxes has the meaning given it in the Intercreditor Agreement.
Direct Taxes means income tax, corporate tax, or similar tax or levy, wherever and whenever charged, levied or imposed together with any interest and penalties in relation thereto.