Income Tax Liability means any Liability of SM Energy or any of its Affiliates attributable to any federal, state or local income Tax measured by or imposed on the net income of SM Energy or any of its Affiliates that was or is attributable to SM Energy’s or any of its Affiliates’ ownership of an interest in or the operation of the Assets.
Income Tax Liability means any Liability of SM Energy or any of its Affiliates attributable to any federal, state or local income Tax measured by or imposed on the income of SM Energy or any of its Affiliates that was or is attributable to SM Energy’s or any of its Affiliates’ ownership of an interest in or the operation of the Assets.
Income Tax Liability means any income tax in respect of PAYE income for the purposes of section 683 Taxes Act (or the equivalent in any jurisdiction outside England & Wales).
Examples of Income Tax Liability in a sentence
All sales, use or other similar taxes, duties, levies, recording fees or other governmental charges (but, for the avoidance of doubt, not including any Asset Taxes, Franchise Tax Liability, or Income Tax Liability), if any, incurred by or imposed with respect to the property transfers undertaken pursuant to this Agreement (“Subject Transfer Taxes”), if any, shall be the responsibility of, and shall be paid by, the Buyers (in accordance with their respective Proportionate Shares).
More Definitions of Income Tax Liability
Income Tax Liability means any Liability of Seller or any of its Affiliates attributable to any federal, state, or local income tax measured by or imposed on the net income of Seller or any of its Affiliates that was or is attributable to Seller’s or any of its Affiliates’ ownership of an interest in or the operation of the Conveyed Interests.
Income Tax Liability means the net amount of Income Taxes due and paid or payable for any taxable period, determined after applying all tax credits and all applicable Carrybacks or carryovers for net operating losses, net capital losses, unused general business tax credits, or any other relevant adjustments.
Income Tax Liability means, with respect to any jurisdiction, an amount equal to the liability for cash income Taxes of a Group Company for Pre-Closing Tax Periods that are unpaid as of the Closing Date and that (a) are first due after the Closing Date or (b) in the case the Closing occurs on or after January 1, 2022, are for Tax years beginning on or after January 1, 2021; provided that such amount shall not be less than zero (0).
Income Tax Liability means any Liability of Seller or its Affiliates attributable to any federal, state or local income Tax measured by or imposed on the net income, profits, revenue or similar measure that was or is attributable to (a) RTP’s ownership of the RTP Assets or (b) EAOC’s ownership of the EAOC Assets.
Income Tax Liability means any liability for Income Taxes.
Income Tax Liability means any Liability of EXCO or any of its Affiliates attributable to any federal, state or local income Tax measured by or imposed on the net income of EXCO or any of its Affiliates for any period or portion thereof ending on or before the Closing Date.
Income Tax Liability means any Liability of Seller or its Affiliates attributable to any Income Tax that was or is attributable to Seller’s ownership of the Assets.