Saving definition

Saving means the reduction or elimination of any liability of a Group Company to Tax in respect of which the Sellers would not have been liable under paragraph 2 hereof, by the use of any Tax relief arising as a result of a Tax Liability in respect of which the Sellers have made a payment under paragraph 2.

Saving. For the avoidance of doubt, nothing in this Part V shall prevent or restrict any Party enforcing any obligation (including suing for a debt) owed to it under or pursuant to this Agreement.

Saving means the use of a Corresponding Relief to reduce or eliminate any liability of the Target to make an actual payment of Tax in respect of which but for such reduction or elimination the Seller would not have been liable under paragraph 1 of Part 3, or in respect of the Tax Warranties provided that:

Examples of Saving in a sentence

• It is understood normal hours include those required to accommodate the change from Daylight Saving Time to Standard Time and vice versa.

• Unless otherwise indicated herein, all references to time of day refer to Eastern Standard Time or Eastern Daylight Saving Time, as in effect in New York on such day.

• Saving Rules In addition to the rights and obligations in relation to Health, Safety, and Environment within this Agreement and these Terms and Conditions, including the right of INEOS KOH to terminate the Contract, Contractor (and associated sub-contractors) will adhere to and comply with the INEOS KOH seven Life Saving Rules evidenced by your signing of this Agreement accordingly.

• It is further understood that the amount of regular pay for a full normal shift worked shall not be affected by reason of the change in the number of hours worked in consequence of such change from Daylight Saving Time to Standard Time and vice versa.

• LICENSES 3 Year Summary Year 1 Year 2 Year 3 List GBP - GBP - GBP - Discount % #DIV/0! #DIV/0! #DIV/0! Discounted GBP - GBP - GBP - Saving GBP - GBP - GBP - Initial Term: 3 Years Invoicing and payments terms • Upon execution of this agreement Board will invoice the Customer the annual License fees Yearly in advance; • Payment Terms are 30 days from date of Invoice; • All prices exclude VAT.

More Definitions of Saving

Saving. The Executive Committee shall have the right to waive compliance by a Party with all or any of the Pool Membership Conditions either absolutely or on terms if, in the opinion of the Executive Committee, this is necessary to ensure or help ensure that the Settlement process operates efficiently or that the interests of other Pool Members are safeguarded.

Saving means the reduction or elimination of any liability of any Group Company to make an actual payment of corporation tax (at a time when the relevant Group Company is a member of the Buyer’s Tax Group) for which the Covenantors would not have been liable under paragraph 2, by the use of any Relief arising wholly as a result of a Tax Liability for which the Covenantors have made a payment under paragraph 2 of the Tax Schedule;

Saving the reduction or elimination of any liability of any Group Member to make an actual payment of corporation tax in respect of which the Seller would not have been liable under paragraph 2, by the use of any Relief arising wholly as a result of a Liability to Taxation; "Taxation"

Saving means the reduction or elimination of any liability of any Group Company to make an actual payment of Tax (at a time when the relevant Group Company is a member of the Buyer’s Group) by the use of any Relief arising wholly as a result of a liability for Tax in respect of which the Sellers have made a payment for a breach of a Tax Warranty, or Tax Covenant Claim or Separation Claim in respect of Tax as a result of such payment by the Sellers, but excluding any Relief which has already been taken into account in determining the amount payable by the Sellers for breach of the relevant Tax Warranty or Tax Covenant Claim or Separation Claim in respect of Tax, as the case may be;

Saving as defined in Section 2.18(d).

Saving means the reduction or elimination of any liability of any Target Company to make an actual payment of corporation tax in respect of which the Seller would not have been liable under paragraph 2 of this Schedule 5, by the use of any Relief arising wholly as a result of a Liability for Taxation in respect of which the Seller has made a payment under paragraph 2 of this Schedule 5;

Saving. The reduction or elimination of any liability of the Company to make an actual payment of corporation tax in respect of which the Vendor would not have been liable under paragraph 2 of this Schedule by the use of any Relief arising wholly as a result of a Liability to Taxation in respect of which the Vendor has made a payment under such paragraph 2