Income Taxes Payable definition

Income Taxes Payable means the income taxes payable by the Company and its Subsidiaries computed consistent with GAAP.

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Income Taxes Payable means those items historically reflected, and recorded in accordance with GAAP consistently applied, in the ▇▇▇▇▇ 1996 Financial Statements under the heading "Income Taxes Payable."

Income Taxes Payable. Deferred Income Taxes," "Other Current Liabilities" or "Current Maturities of Long-Term Obligations" or for cash overdrafts or (b) from any breach or default by Seller under any Assigned Contract, all of which liabilities and obligations will constitute Retained Liabilities. Notwithstanding anything to the contrary contained in this Agreement or any document delivered in connection herewith, Purchaser's obligations in respect of the Assumed Liabilities will not extend beyond the extent to which Seller was obligated in respect thereof and will be subject to Purchaser's right to contest in good faith the nature and extent of any liability or obligation.

Examples of Income Taxes Payable in a sentence

As of November 30, 2012, each of the Debt, Income Taxes Payable, Income Taxes Refunds Receivable and Working Capital is accurately set out in Section 7 of the Company Disclosure Letter.
For calculation purposes for Working Capital and the Current Ratio the BORROWER may reduce current liabilities by the amount of $1,175,000 which is listed as Federal Income Taxes Payable on the Balance Sheet.
December 31 December 31 2008 2007 ----------------------------------------------------------------------------------------------------------------------------- Accrued Payables 2,033 2,546 Energy Marketing Derivative Contracts (Note 6a) 615 413 Trade Payables 303 578 Stock-based Compensation 97 393 Income Taxes Payable ▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇ ------------------------------------------ Total 3,326 4,180 ------------------------------------------ 9.
For URBN, the tax notice received from the IRS (notice number CP504B) on October 25, 2021, will not be included in Income Taxes Payable or elsewhere in Schedule A.
Except as provided herein, Income Taxes Payable shall not be included in the Working Capital adjustment provided for in Section 4.3 hereof.
Income Taxes Payable excludes California Department of Tax and Fee Administration (CDTFA) and other pass- through taxes, and includes all federal income taxes, state income taxes, and any income tax provisions in relation to income tax obligations, including Section 280E provisions due to operations in the cannabis industry.
Wells Fargo Bank Standby Le▇▇▇▇ ▇▇ ▇redit $2,000,000.00 City of Los Angeles Wells Fargo Bank Standby Letter of Credit $1,817,985.00 Travelers Casualty Wells Fargo Bank Standby Letter of Credit ▇ $7,806,861.24 BNY Western Trust State of Oregon IDR Bond $7,700,000.00 US Government Current Income Taxes Payable $2,649,808.97 US Government Deferred Income Taxes $30,859,348.68 Reserves for Potential Future Environmental Liabilities Manufacturing Management, Inc.
For purposes of this Section 11.2(a), Maxtor will not be liable to the Company as a result of the eventual reversal of the deferred tax liability of $299,016 accrued on the Company's Unaudited Balance Sheet, which equals the difference between the Company's total income tax liability on the Unaudited Balance Sheet and the Current Income Taxes Payable.

More Definitions of Income Taxes Payable

Income Taxes Payable means the income taxes payable as shown in the Financial Statements and the Closing Date Balance Sheet;

Income Taxes Payable. Accrued Liabilities"; "Advances From Affiliates"; "Current Maturities of Capital Lease Obligations"; "Capital Lease Obligations" and "Redeemable Preferred Stock".