Maximum Deductible Amount means the maximum amount deductible by the Company under Section 162(a), taking into consideration the limitations under Section 162(m), of the Internal Revenue Code of 1986, as amended, or any similar or successor provisions thereto.

Maximum Deductible Amount is defined in Section 7.28.3.

Maximum Deductible Amount means an amount equal to (A) the cost of purchases and repurchases by the Company or any of its Subsidiaries of capital stock of the Company made after July 31, 2005 not to exceed, in the aggregate during any one-year period (as measured from November 1 to October 31 of each year) ten percent (10%) of the Tangible Net Worth as of the end of the fiscal year of the Company preceding such one-year period, plus (B) in addition to the purchases and repurchases of capital stock under clause (A), the cost of other purchases or repurchases by the Company or any of its Subsidiaries of capital stock of the Company at any time, not to exceed $35,000,000 in the aggregate after July 31, 2005.

Examples of Maximum Deductible Amount in a sentence

The Section 162(m) Performance Requirement and Maximum Deductible Amount have been established within 90 days after the beginning of the First Grant Year in a manner that complies with Section 162(m) of the Code.
For purposes of this Disclosure Statement, the term "deductible amount" is determined in accordance with the following: Year Maximum Deductible Amount 2002 through 2004 $3,000 2005 through 2007 $4,000 2008 and later years $5,000 For years beginning after 2008, the maximum deductible amount may be adjusted for cost-of-living increases.
With respect to the Aircraft and the Engines when on-wing, such deductible shall be no greater than the Maximum Deductible Amount for any one occurrence.
Notwithstanding any other provision of this Agreement, the Company shall forgive only an amount of borrowing which, with the associated tax payment provided under Section 2.6, equals the Maximum Deductible Amount.
Table 10CAS 412-50(c)(2)(iii) Tax-Deductible Limitation as of January 1, 2017 Total PlanSegment 1Segments 2 through 7 Note 1: The Maximum Deductible Amount for the Total Plan is obtained from the valuation report prepared for ERISA purposes.

More Definitions of Maximum Deductible Amount

Maximum Deductible Amount means an amount equal to (A) the cost of purchases and repurchases by the Toll Group of capital stock of the Company made after April 30, 2013 not to exceed, in the aggregate during any one-year period (as measured from November 1 to October 31 of each year) ten percent (10%) of the Tangible Net Worth as of the end of the fiscal year of the Company preceding such one-year period, plus (B) in addition to the purchases and repurchases of capital stock under clause (A), the cost of other purchases or repurchases by the Toll Group of capital stock of the Company at any time, not to exceed $200,000,000 in the aggregate after April 30, 2013.

Maximum Deductible Amount means an amount equal to (A) the sum of the cost of purchases and repurchases by the Toll Group of capital stock of the Company made, and the aggregate amount of dividends and other distributions paid in cash by the Toll Group in respect of the Company’s capital stock, in each case after November 1, 2018, not to exceed, in the aggregate during any one-year period (as measured from November 1 to October 31 of each year) fifteen percent (15%) of the Tangible Net Worth as of the end of the fiscal year of the Company preceding such one-year period, plus (B) in addition to the purchases and repurchases of capital stock, and dividends and distributions in respect of capital stock, in each case under clause (A), the sum of (1) the cost of other purchases and repurchases by the Toll Group of capital stock of the Company at any time and (2) the aggregate amount of dividends and other distributions in respect of the capital stock of the Company at any time, not to exceed $500,000,000 in the aggregate after November 1, 2018.

Maximum Deductible Amount means no more than $[REDACTED]. “Default Rate” means [REDACTED] percent per annum.

Maximum Deductible Amount as used in (1) the Subordinated Spare Parts Mortgage means the standard market spares deductible in existence from time to time in the worldwide airline insurance marketplace, but in no event greater then $100,000, any one occurrence, and (2) the Subordinated Engine Mortgage, $250,000.

Maximum Deductible Amount means an amount equal to (A) the sum of the cost of purchases and repurchases by the Toll Group of capital stock of the Company made after May 19, 2016, and the aggregate amount of dividends and other distributions paid in cash by the Toll Group in respect of the Company’s capital stock, in each case after November 1, 2018, not to exceed, in the aggregate during any one-year period (as measured from November 1 to October 31 of each year) tenfifteen percent (1015%) of the Tangible Net Worth as of the end of the fiscal year of the Company preceding such one-year period, plus (B) in addition to the purchases and repurchases of capital stock, and dividends and distributions in respect of capital stock, in each case under clause (A), the sum of (1) the cost of other purchases xxxxx repurchases by the Toll Group of capital stock of the Company at any time and (2) the aggregate amount of dividends and other distributions in respect of the capital stock of the Company at any time, not to exceed $300,000,000500,000,000 in the aggregate after April 30, 2016.November 1, 2018.

Maximum Deductible Amount has the meaning set forth on Schedule 3 to this Agreement.

Maximum Deductible Amount has the meaning set forth in Schedule 3 to the Loan Agreement.