Examples of Excess Tax Amount in a sentence
The Moderator thanked all of the election officials for their work at the Election.
If the cumulative amount of such withholding or payment with respect to a Member exceeds the distributions to which such Member is entitled concurrently with such withholding or payment (an “ Excess Tax Amount ”), the Managing Member shall notify such Member of such Excess Tax Amount, and such Member shall contribute the Excess Tax Amount to the Company reasonably promptly after having received such notice.