Secondary Tax Liability means any liability to UK Tax of a Regulated Entity for which an Initial Investor or current or former Initial Investor Affiliate is primarily liable; and
Secondary Tax Liability means any tax liability which is primarily the liability of a party other than [the Target][a member of the Target Group], whether as a result of an election or otherwise, or which arises by virtue of [the Target][a member of the Target Group] being a member of a tax group or ceasing to a member of a tax group, but which is not referable to supplies, income or profits made by [the Target][a member of the Target Group].
Secondary Tax Liability means any secondary liability for Tax for which the Seller is liable on the basis of article 39 and 43 of the Dutch Collection Tax Act 1990 (Invorderingswet 1990);
Examples of Secondary Tax Liability in a sentence
The Parent covenants to the Trustee and the Obligors that no steps have been taken nor will any such steps be taken (whether by act, omission or otherwise) by it or any company over which it has control (within the meaning of section 1124 CTA 2010) (in relation to the Derby Additional Obligors, so far as the Parent is aware after due and careful diligence) which could reasonably be expected to give rise to any liability of an Obligor or the issuer Issuer for a Secondary Tax Liability.
More Definitions of Secondary Tax Liability
Secondary Tax Liability has the meaning stated in Section 18.2(a)(A); Seller has the meaning stated in the Introductory Section;
Secondary Tax Liability means any Tax liability that arises (whether before, on or after Closing) to the Acquired Company, Buyer or any Affiliate of Buyer: (i) due to the relationship for Tax purposes before Closing of the Acquired Company with any person other than Buyer or an Affiliate of Buyer; or (ii) under a legally binding obligation (whether or not conditional) entered into by the Acquired Company on or before Closing otherwise than in the ordinary course of business.
Secondary Tax Liability means, under German, U.S. or other applicable Tax Law, any secondary, transferee or successor liability or several and joint liability (e.g. under Section 426 German Civil Code, Bürgerliches Gesetzbuch) or co-liability or liability under any contractual Tax sharing scheme or otherwise by operation of Law for any item within the meaning of (i) or (ii) of the definition of Tax.