Subject Taxable Year definition

Subject Taxable Year is defined in Section 2.02 of this Agreement.
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Subject Taxable Year has the meaning set forth in Section 2.1(a).
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Subject Taxable Year means, with respect to any Estimated Tax Benefit Schedule or Final Tax Benefit Schedule, the federal Taxable Year ending on December 31 of the year preceding the Schedule Delivery Date, together with the state or foreign Taxable Years ending in the same calendar year as such federal Taxable Year.
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Examples of Subject Taxable Year in a sentence

  • The parties acknowledge and agree that, if no Objection Notice is delivered with respect to the relevant Estimated Tax Benefit Schedule, the Corporation shall pay the Estimated Tax Benefit Payment on May 15 of the calendar year following the Subject Taxable Year (or, if May 15 is not a business day, the following business day).

  • The amount, if any, by which the Estimated Tax Benefit Payment exceeds the Tax Benefit Payment as reflected on the Final Tax Benefit Schedule for any Subject Taxable Year shall reduce the Estimated Tax Benefit Payment to be made by the Corporation in the following Subject Tax Year (and shall carry forward to future Subject Taxable Years until such excess amount has been reduced to zero).

  • The parties acknowledge and agree that, if no Objection Notice is delivered with respect to the relevant Estimated Tax Benefit Schedule, the Corporation shall pay the Estimated Tax Benefit Payment on February 15 of the calendar year following the Subject Taxable Year (or, if February 15 is not a business day, the following business day).

  • Within three (3) calendar days after a Final Tax Benefit Schedule for any Subject Taxable Year delivered to the TRA Representative becomes final in accordance with Section 2.3(a) and Section 6.8, if applicable, the Corporation shall pay to each TRA Party the amount, if any, by which the Tax Benefit Payment as reflected on the Final Tax Benefit Schedule exceeds the Estimated Tax Benefit Payment with respect to such Subject Taxable Year (the “Final Tax Benefit Payment”).