Final Tax Liabilities definition

Final Tax Liabilities means any and all tax liabilities determined by the Seller or Transferor to be owing but not paid out of the assets of any of the Seller’s or Transferor’s Qualified Trust related to a generating unit prior to the transfer of the assets of the Seller’s or Transferor’s Qualified Trust to the Qualified Trusts.
Sample 1
Final Tax Liabilities means any and all tax liabilities determined to be owning but not paid out of the assets of any of the Seller’s or Transferor’s Qualified Fund related to the Unit prior to the transfer of the assets of the Seller’s or Transferor’s Qualified Fund to the Qualified Fund.
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Final Tax Liabilities means any and all tax liabilities of a Tax-Qualified Trust determined to be owing but not paid out of the assets of ExGen’s trust prior to the transfer of the assets of ExGen’s trust to the Trust.
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Examples of Final Tax Liabilities in a sentence

  • The Parties shall revise the True-Up Calculations to reflect the resolution of any objections thereto pursuant to this Section 2(a)(iii)(B) and, as so revised, such True-Up Calculations shall be deemed to set forth the Final Net Working Capital, the Final Cash Amount, the Final Tax Liabilities Amount and the Final Funded Indebtedness Amount for all purposes hereunder.

  • Payment of any Final Tax Liabilities will be made directly by the Trustee to the Service or appropriate state or local government within the appropriate time required by the Service or state or local government.

  • The Trustee shall pay out of each separate Trust any Federal and at the direction of ZionSolutions, if applicable, state and local taxes on the income of such Trust, including any Final Tax Liabilities, as and when due in accordance with the returns prepared pursuant to Section 3.5 hereof.


More Definitions of Final Tax Liabilities

Final Tax Liabilities means any and all tax liabilities determined to be owing but not paid out of the assets of the Seller's Qualified Fund prior to the transfer of the assets of the Seller's Qualified Fund to the Qualified Fund.
Sample 1

Related to Final Tax Liabilities

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Tax Liabilities means all liabilities for Taxes.

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the liability for Taxes of the Corporation (or the Partnerships, but only with respect to Taxes imposed on the Partnerships and allocable to the Corporation) using the same methods, elections, conventions and similar practices used on the relevant Corporation Return but using the Non-Stepped Up Tax Basis instead of the tax basis reflecting the Basis Adjustments of the Adjusted Assets and excluding any deduction attributable to Imputed Interest.

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • criminal tax matters means tax matters involving intentional conduct whether before or after the entry into force of this Agreement which is liable to prosecution under the criminal laws of the requesting Party;

  • Asset Taxes means ad valorem, property, excise, severance, production or similar taxes (including any interest, fine, penalty or additions to tax imposed by Governmental Authorities in connection with such taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom, but excluding, for the avoidance of doubt, income, capital gains and franchise taxes.

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).

  • Transaction Payroll Taxes means the employer portion of any payroll or employment Taxes incurred or accrued with respect to any bonuses, option exercises or other compensatory payments in connection with the Contemplated Transactions to the extent the foregoing are paid on or about or prior to the Closing Date.

  • Special Taxes means any and all present or future taxes, levies, imposts, deductions, charges or withholdings, or any liabilities with respect thereto, including those arising after the date hereof as result of the adoption of or any change in law, treaty, rule, regulation, guideline or determination of a Governmental Authority or any change in the interpretation or application thereof by a Governmental Authority but excluding, in the case of Lender, such taxes (including income taxes, franchise taxes and branch profit taxes) as are imposed on or measured by Lender’s net income by the United States of America or any Governmental Authority of the jurisdiction under the laws under which Lender is organized or maintains a lending office.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • Income Tax Return means any Tax Return relating to Income Taxes.

  • Distribution Taxes means any Taxes incurred solely as a result of the failure of the Intended Tax Treatment of the Restructuring, the Contribution or the Distribution.