Periodic Taxes definition
Periodic Taxes means Taxes imposed on a periodic basis that are not based upon or related to income or receipts. Periodic Taxes include property Taxes and similar Taxes.
Periodic Taxes has the meaning set forth in Section 8.1.
Periodic Taxes has the meaning set forth in Section 10.1.
Examples of Periodic Taxes in a sentence
All Taxes levied with respect to the Purchased Assets payable for any Straddle Period, other than Periodic Taxes, shall be prorated between Seller and Purchaser on a “closing of the books” basis as of the end of the day on the Closing Date.
More Definitions of Periodic Taxes
Periodic Taxes is defined in Section 14.5.
Periodic Taxes is defined in Section 10.5.
Periodic Taxes has the meaning set forth in Section 6.08(d).
Periodic Taxes is defined in Section 6.1(d).
Periodic Taxes means ad valorem Taxes, real property Taxes, personal property Taxes, franchise fees and similar Tax obligations attributable to the assets of the Company and its Subsidiaries that are imposed on a periodic basis (as opposed to a net income basis).
Periodic Taxes has the meaning set forth in Section 7.4(b)(ii).
Periodic Taxes shall have the meaning set forth in Section 5.1(a)(ii). “Permitted Liens” shall mean (a) Liens for Taxes not yet due and payable or being contested in good faith by appropriate Proceedings and for which appropriate reserves have been made, (b) Liens as reflected in title records relating to Acquired Real Property that do not materially impair the use or value of the Acquired Real Property to which they relate, (c) Liens arising from products purchased from third parties under a retention of title or similar reservation, (d) Liens of landlords or mechanic’s, material men’s, repairman’s or similar Liens arising in the ordinary course of business with respect to obligations that are not more than one