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.
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Periodic Taxes has the meaning set forth in Section 9.3.
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Periodic Taxes shall have the meaning set forth in Section 11.2.
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Examples of Periodic Taxes in a sentence

  • The portion of any Periodic Taxes in respect of a Straddle Period not allocated to the Pre-Distribution Period shall be allocated to the Post-Distribution Period.

  • For the avoidance of doubt, if a Party has prepaid Periodic Taxes that are allocated to the other Party under any provisions of this Agreement, the second Party shall reimburse the first Party to the extent so allocated.

  • Purchaser shall be liable for the amount of such Periodic Taxes attributable to the Post-Closing Tax Period and shall reimburse Seller for any portion of the Periodic Taxes attributable to the Post-Closing Tax Period paid by Seller within ten (10) days of being notified by Seller of the amount so due.

  • Purchaser shall be responsible for preparing and filing all Tax Returns for Periodic Taxes required to be filed after the Closing; provided, however, such Tax Returns shall be subject to the approval of Seller, which approval shall not be unreasonably withheld, conditioned or delayed.

  • Seller shall be liable for the amount of such Periodic Taxes attributable to the Pre-Closing Tax Period except to the extent payment therefor had been made prior to Closing.


More Definitions of Periodic Taxes

Periodic Taxes has the meaning set forth in Section 7.7(c).
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Periodic Taxes is defined in Section 14.5.
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Periodic Taxes is defined in Section 10.5.
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Periodic Taxes is defined in Section 6.1(d).
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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).
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Periodic Taxes means property and similar ad valorem Taxes imposed on a periodic basis with respect to the assets of the Company Group; provided, however, that Periodic Taxes shall not include any Taxes based on income, payroll or receipts, or imposed in connection with the sale or other transfer of property, including for the avoidance of doubt, Transfer Taxes.
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Periodic Taxes has the meaning specified in Section 8.1(a).
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