Excluded Tax Asset definition

Excluded Tax Asset means any item of loss, deduction, credit, or recapture of credit (or other item that could reduce a Tax) of or relating to
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Excluded Tax Asset means any item of loss, deduction, credit, or recapture of credit (or other item that could reduce a Tax) of or relating to (a) any Pre-Closing Tax Period of Seller or any of its Affiliates or with respect to the Program Business or the Transferred Assets for any Pre-Closing Tax Period, (b) any Excluded Tax Liability, or (c) any payment, Loss, obligation, liability or Tax that any Affiliate of Seller is responsible for under this Agreement or otherwise (excluding, for the avoidance of doubt, any indemnification obligation of Seller or its Affiliates pursuant to Section 10.2).
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Excluded Tax Asset means any item of loss, deduction, credit, or recapture of credit (or other item that could reduce a Tax) of or relating to (i) any Taxes of any Seller Person or with respect to the Business, the Transferred Assets or the Acquired Group Companies for any Pre-Closing Tax Period, (ii) any Excluded Tax Liability, or (iii) any payment, Loss, obligation, liability or Tax that any Seller Person is responsible for under this Agreement or otherwise.
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Examples of Excluded Tax Asset in a sentence

  • Any payment of any Excluded Tax Asset shall be made directly to the applicable Asset Selling Entity.


More Definitions of Excluded Tax Asset

Excluded Tax Asset has the meaning set forth in Section 1.1(b)(vii).
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Excluded Tax Asset means any refund, deposit, advance payment, or prepayment of or relating to (a) any Excluded Taxes, (b) any Excluded Assets, or (c) any payment, Loss, obligation, liability or Tax that any Affiliate of any Seller is responsible for under this Agreement or otherwise, in each case other than any such amount that arises from a payment made by Buyer following the Closing (to the extent such payment is not reimbursed by Sellers).
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Excluded Tax Asset means any Tax refund, credit or offset related to or arising in a Pre-Closing Tax Period other than the Tax assets specifically identified in clause (vii) of the definition of Transferred Assets.
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Related to Excluded Tax Asset

  • Excluded Taxes means any of the following Taxes imposed on or with respect to any Recipient or required to be withheld or deducted from a payment to a Recipient, (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of such Recipient being organized under the laws of, or having its principal office or, in the case of any Lender, its Lending Office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the date on which (i) such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the Borrower under Section 11.13) or (ii) such Lender changes its Lending Office, except in each case to the extent that, pursuant to Section 3.01(a)(ii), (a)(iii) or (c), amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed its Lending Office, (c) Taxes attributable to such Recipient’s failure to comply with Section 3.01(e) and (d) any U.S. federal withholding Taxes imposed pursuant to FATCA.

  • Intended Tax Treatment has the meaning set forth in the Recitals.

  • UK Tax Deduction means a deduction or withholding for, or on account of, Tax imposed by the United Kingdom from a payment under a Loan Document.