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R&D Credit definition

R&D Credit means any research and development tax relief or credit available to the Seller under Chapter 6A, Part 3 Corporation Tax Act 2009 or Part 12 of the Corporation Tax Act 2009 that is a repayment of Tax or a cash payment in respect of a tax credit received after Completion and before such time the Seller has been struck off the register at Companies House and dissolved, in which case the amount of such R&D Credit shall be the amount of the repayment of Tax or cash payment of the tax credit;
R&D Credit the amount of available and unused U.S. federal income tax credits for increasing research activities prior to the date of this Agreement (including carryforwards of such credits) to which the Company is entitled pursuant to Section 41 of the Code and any corresponding state or local Tax credits, as specifically set forth on Annex B.
R&D Credit shall have the meaning set forth in Section 7.6.

Examples of R&D Credit in a sentence

  • The Debtor is a party to that certain Credit Agreement, dated as of July 17, 2017 (as amended on August 25, 2017 and December 22, 2017), among HCR Home Health Care and Hospice, LLC, an indirect non-debtor subsidiary of the Debtor, as borrower; the Debtor and certain of its direct and indirect non-debtor subsidiaries, as holdcos; the several lenders from time to time party thereto; and RD Credit, LLC, as administrative agent and collateral agent (the “Credit Facility Agent”).

  • R&D tax creditThe Company recognizes as income (expense) amounts received and receivable by its subsidiary, ADCT UK, under the United Kingdom’s R&D Expenditure Credit scheme (“UK R&D Credit Scheme”).

  • U.S. R&D Credit in the International Context,” Infor- mation Technology & Innovation Foundation (ITIF), forthcoming.

  • Congress renewed the R&D Credit for the years 2012 and 2013 with the American Taxpayer Relief Act of 2012 (the “Act”).

  • R&D tax creditThe Company recognizes as Other income (expense) amounts received and receivable by its subsidiary, ADCT UK, under the United Kingdom’s R&D Expenditure Credit scheme (“UK R&D Credit Scheme”).

  • This credit is unavailable to taxpayers who receive the Advanced Energy R&D Credit.

  • R&D tax creditThe Company recognizes amounts received and receivable by its subsidiary, ADCT UK, under the United Kingdom’s R&D Expenditure Credit scheme (“UK R&D Credit Scheme”).

  • Research and Development (R&D) Credit During the third quarter of 2013, we revised the classification of certain amounts for all periods presented from “Provision for income taxes” to “Research and development expense” in our Consolidated Statements of Operations to conform to the current year presentation.

  • The average number of IRS 10-K downloads is 7.8 (untabulated), and approximately 34.4% of observations correspond to firm years currently engaged in a tax audit.Next, I examine how R&D Credit Firms compare to the broader population of Compustat firms that do not disclose R&D tax credits in the financial statements.

  • All refund of taxes or credits claimed with respect to research and development ("R&D Credit or Refunds") were claimed by Corporation in accordance with the provisions of the ITA and the relevant provincial legislation and Corporation satisfied at all relevant times the relevant criteria and conditions entitling it to such R&D Credit or Refunds.


More Definitions of R&D Credit

R&D Credit has the meaning set forth in the Letter Agreement.
R&D Credit has the meaning set forth in the Letter Agreement (Closing Date). “Real Estate” means all of the real property owned, leased, subleased or used by any Person. “RealSweet” means Amyris RealSweet LLC, a Delaware limited liability company. 14
R&D Credit has the meaning set forth in Section 10.9.

Related to R&D Credit

  • Earned credit means the amount of the bid incentive allocated to a contractor upon completion of a contract in which the contractor met or exceeded his or her goals for the utilization of BEPDs in the performance of the contract.

  • Open-end credit means credit extended by a creditor under an agreement in which:

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • Development Credit Agreement means the agreement of even date herewith between the Borrower and the Association for the Project, as such agreement may be amended from time to time; and such term includes all schedules and agreements supplemental to the Development Credit Agreement.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Five-Year Credit Agreement means the Five Year Credit Agreement dated December 11, 2018, among the Company, the lenders parties thereto and Citibank, as administrative agent, as such agreement may be amended, supplemented or otherwise modified hereafter from time to time.

  • 364-Day Credit Agreement means the 364-Day Credit Agreement, dated as of the date hereof, among the Borrowers, the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, as administrative agent, and the other agents party thereto.

  • New Credit Agreement means the Credit Agreement, dated as of the Issue Date, by and among Level 3 Parent, LLC, Level 3 Financing, Inc., Wilmington Trust, National Association, as administrative agent, the New Credit Agreement Agent and each lender party thereto from time to time, as may be amended, restated, supplemented or otherwise modified from time to time.

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • U.S. Credit Agreement means that certain credit agreement dated as of even date herewith by and among the U.S. Borrower, as borrower, the lenders party thereto, as lenders, and the U.S. Administrative Agent, as administrative agent.

  • Amended Credit Agreement means the Existing Credit Agreement as amended hereby.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • Company Credit Agreement means that certain Credit Agreement, dated as of March 8, 2019, among the Company, as borrower, the guarantors from time to time party thereto, the lenders and issuing banks from time to time party thereto and Bank of America, N.A., as administrative agent.

  • DIP Credit Agreement means the Senior Secured Superpriority Debtor-in-Possession Credit Agreement, dated as of April 1, 2009, among the Companies, the Investor and the other lenders and agents from time to time party thereto, after giving effect to all amendments, waivers, supplements, modifications and any substitutions therefor.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Original Closing Date, among Holdings, the Borrower, as borrower, the lenders party thereto and Credit Suisse AG, Cayman Islands Branch, as administrative agent, as such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

  • Prior Credit Agreement has the meaning specified in the Recitals hereto.

  • Revolving Credit Agreement means the Credit Agreement, dated as of April 21, 2016, among the Borrower, the lenders party thereto from time to time and the Revolving Administrative Agent, as amended, restated, amended and restated, supplemented, modified, replaced, substituted, extended or refinanced from time to time in accordance with the terms hereof and thereof.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Pre-Petition Credit Agreement has the meaning assigned to such term in the Recitals.

  • Specified Credit Party means any Credit Party that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 14.11).

  • Credit Agreement Agent means, at any time, the Person serving at such time as the “Agent” or “Administrative Agent” under the Credit Agreement or any other representative then most recently designated in accordance with the applicable provisions of the Credit Agreement, together with its successors in such capacity.

  • 4% Credits means Federal Credit available to Bond Financed Projects which meet the requirements of this Plan.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.