Net Tax Refund definition

Net Tax Refund means the proceeds of the Tax Refund, net of the Deferred Amounts.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Net Tax Refund shall have the meaning set forth in Section 7.6(g)(i).

Net Tax Refund means, in respect of any Tax refund received by the Purchaser or an MCH Company:

Examples of Net Tax Refund in a sentence

Accordingly, the apportionment factor allocation methodology will be applied to the Net Tax Liability Payable or Net Tax Refund Receivable (as defined below) in determining the total amount of the Distributing segment and the Tronox segment.
For purposes of the preceding sentence, Net Tax Liability Payable or Net Tax Refund Receivable shall mean the amount specified in the Final Determination issued by the applicable state, local or municipal Taxing Authority after both giving effect to utilization of tax credits and net operating losses and taking into account any Adjustments to apportionment factors, Federal taxable income and state modifications to Federal taxable income.
Accordingly, the apportionment factor allocation methodology will be applied to the Net Tax Liability Payable or the Net Tax Refund Receivable as determined by the applicable state, local or municipal Taxing Authority whether as a result of audit, refund claim or otherwise.
Accordingly, the apportionment factor allocation methodology will he applied to the Net Tax Liability Payable or the Net Tax Refund Receivable as determined by the applicable state, local or municipal Taxing Authority whether as a result of audit, refund claim or otherwise.
For purposes of the preceding sentence, "Net Tax Liability Payable" or "Net Tax Refund Receivable" shall mean the amount specified in the Final Determination issued by the applicable state or local Taxing Authority after both giving effect to utilization of tax credits and net operating losses and taking into account any adjustments to apportionment factors, federal taxable income and state modifications to federal taxable income.
In the event that POP receives such refunds, 4MC shall pay to the Shareholders as additional consideration for the purchase of the Stock an amount equal to such refund less any cost incurred by 4MC or POP in obtaining such refund (the "Net Tax Refund").
Within a reasonable time after the entry of this Settlement Agreement, the United States shall refund the Net Tax Refund Amount plus accrued interest, if any, to Metallurg (the "Total Net Tax Refund").

More Definitions of Net Tax Refund

Net Tax Refund means the tax refund actually received by Tenant in contesting the assessed valuation of the Demised Premises less the expenses incurred by Tenant and Landlord in connection with such proceeding. Tenant shall have the right to seek and receive any refund of any tax on its leasehold estate paid by it.

Net Tax Refund is defined in Section 7.2(a).

Net Tax Refund means the tax refund actually received by Tenant or Landlord in contesting the assessed valuation of the Demised Premises and/or the Equipment less the expenses incurred by Tenant or Landlord, as the case may be, in connection with such proceeding. Any right or obligation to have apportioned or apportion any net tax refund as set forth in this Section 6.8 shall survive any expiration or termination of the Term.