Imputed Underpayment Share definition

Imputed Underpayment Share is defined in Section 4.4(e)(i) of this Annex C.
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Imputed Underpayment Share is defined in Section 5.9.2.
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Imputed Underpayment Share is defined in Section 7.6(c)(i).
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Examples of Imputed Underpayment Share in a sentence

  • If a Member fails to pay any amount that it is required to pay the Company in respect of an Imputed Underpayment Share within such ten (10) day period, that amount shall be treated as a loan to the Member, bearing interest at ten (10) percent annually (which interest shall increase the Member’s Imputed Underpayment Share).

  • Any Member not permitted to treat its Imputed Underpayment Share as a loan due to the provisions of the previous sentence shall pay any Imputed Underpayment Share within ten (10) days after the date of the notice referred to in the first sentence of this Section 4.4(e)(ii) of this Annex C.

  • If the Member fails to repay the loan upon demand, the full balance of the loan shall be immediately due (including accrued but unpaid interest) and the Company shall have the right to collect the balance in any manner it determines, including by reducing future distributions to that Member; provided, however, that no Member may have any Imputed Underpayment Share treated as a loan to the extent it would violate Section 402 of the Xxxxxxxx-Xxxxx Act of 2002.

Related to Imputed Underpayment Share

  • Erroneous Payment Return Deficiency has the meaning assigned thereto in Section 10.12(d).

  • Excise Tax means any excise tax imposed under section 4999 of the Code.

  • Adjustment Payment means, in respect of any Security, the payment (if any) determined by the Determination Agent as is required in order to reduce or eliminate, to the extent reasonably practicable, any transfer of economic value to or from the Issuer as a result of the replacement of the Index by the Alternative Pre-nominated Index. The Determination Agent may determine that the Adjustment Payment is zero.