Payment Tax definition

Payment Tax has the meaning given to it in Section 2(b)(i).
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Payment Tax means any tax, levy or other like governmental charge which is charged or levied against any Bank, with respect to this Agreement, the Loan Availability, the Revolving Commitment Availability, the Note or any other Loan Document, excluding, however, any tax imposed on or measured by gross or net income and excluding any franchise tax imposed by the jurisdiction of such Bank's organization or any political subdivision thereof.
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Examples of Payment Tax in a sentence

  • The negotiated Purchase Order will specify the Terms & Conditions of the agreement with the Vendor, and will include but not be limited to, the topics of Delivery and Payment; Tax Withholding; Certifications; Inspection & Acceptance; Warranty; Termination; Incorporated Provisions, etc.

  • The Company shall timely remit such Payment Tax to the applicable governmental authority and shall provide evidence of such payment to Holder within ten (10) days of making such payment.

  • If elected by Customer, the following Payment, Tax Filing, Check Printing, Year End, Complete Pay, Call Center, and Carrier Eligibility Services will be made available for Customer’s use.

  • Notwithstanding anything herein to the contrary, in the event that any Splitco Indemnity Payment is required to be made, Distributing will reasonably estimate the Tax Benefits for which it expects Splitco will be entitled to reimbursement pursuant to clause (iii) of Section 2.1(a) for the Indemnity Payment Tax Year as a result of the Tax Items allocated to Splitco under Section 2.2(h)(ii) (the “Estimated 2046 Exchangeables Tax Benefits Amount”).

  • Payments related to such Tax Benefits for the applicable Indemnity Payment Tax Year may be further redetermined and adjusted in accordance with the provisions of Section 4.5.

  • Contractor shall provide a completed “Final Tax Certification” form, including copies of all Periodic Payment Tax Certifications, with the application for final payment.

  • The Contractor shall submit a fully completed “Periodic Payment Itemized Tax Statement” and “Periodic Payment Tax Certification” form with each Request for Payment.

  • Administration Charge - [None] Purchase Payment Tax Charge - The amount of any state and local taxes levied by any governmental entity on purchase payments may be deducted from the Account Value when such taxes are incurred.

  • The negotiated Purchase Order will specify the Terms & Conditions of the agreement with the Vendor and will include but not be limited to, the topics of Delivery and Payment; Tax Withholding; Certifications; Inspection & Acceptance; Warranty; Termination; Incorporated Provisions, etc.

  • Tax Benefits resulting from the Tax Items allocated to Splitco under Section 2.2(h)(ii) related to a Splitco Indemnity Payment that are considered to be used in accordance with Section 4.3(c) in a Tax Year other than the Indemnity Payment Tax Year shall be determined and paid in a manner consistent with the provisions of this Agreement other than this Section 4.3(d).

Related to Payment Tax

  • input tax , in relation to a vendor, means—

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Relevant Tax means any present or future taxes, duties, assessments or governmental charges of whatever nature, imposed or levied by or on behalf of any Relevant Jurisdiction or any authority therein or thereof having the power to tax.

  • Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • Other Tax means any Federal Other Tax, State Other Tax, or Foreign Other Tax.

  • Premium tax means a tax paid by insurance companies to provincial and territorial governments calculated as a percentage of gross premiums written.

  • Transfer Tax means any sales, use, transfer, real property transfer, recording, stock transfer and other similar Tax and fees, including any interest, penalty or addition thereto, whether disputed or not; provided, however, that the term “Transfer Tax” shall not include any Income Tax.

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • Tax Benefit Payment is defined in Section 3.1(b) of this Agreement.

  • Indemnified Tax means (a) any Tax other than an Excluded Tax and (b) to the extent not otherwise described in clause (a), Other Taxes.

  • Withholding Tax means any tax, deduction, levy or similar payment obligation that is required to be deducted or withheld from a payment under Applicable Law. Annex 1 – Data Processing

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • FATCA Withholding Tax means any withholding or deduction required pursuant to FATCA.

  • Assignment Taxes has the meaning set forth in Section 3.01(b).

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Excluded Tax means any of the following Taxes imposed on or with respect to any Recipient or required to be withheld or deducted from a payment to a Recipient (a) Taxes imposed on or measured by net income (however denominated, and including branch profits taxes) and franchise taxes, in each case (i) imposed as a result of such Recipient being organized under the Laws of, or having its principal office or, in the case of any Lender, its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) imposed on any Recipient as a result of a present or former connection between such Recipient and the jurisdiction of the Governmental Authority imposing such Tax or any political subdivision or taxing authority thereof or therein (other than such connection arising from any such Recipient having executed, delivered, become a party to, performed its obligations or received a payment under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced, any Credit Document, or sold or assigned an interest in any Credit Document or Loan); (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a Law in effect on the date on which such Lender (i) acquires such interest in the Loan or Commitment or otherwise becomes a party to this Agreement (other than pursuant to an assignment request by the Borrower under Section 2.23) or (ii) changes its lending office, except in each case, to the extent that, pursuant to Section 2.20, amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed its lending office; (c) Taxes that are attributable to the failure by any Recipient to deliver the documentation required to be delivered pursuant to Section 2.20(f) or Section 2.20(g); and (d) Taxes imposed under FATCA.

  • GST Amount means in relation to a Taxable Supply the amount of GST payable in respect of the Taxable Supply.