Tax Adjustment definition

Tax Adjustment has the meaning set forth in Section 4.7.

Tax Adjustment means an adjustment of any item of income, gain, loss, deduction, credit or other Tax Attribute.

Tax Adjustment shall have the meaning assigned to such term in Section 5.8(c).

Examples of Tax Adjustment in a sentence

• If an adjustment (a “Tax Adjustment”) pursuant to a Final Determination in a Tax Contest initiated by a Tax Authority results in a Tax greater than the Tax shown on the relevant Tax Return for any Pre-Distribution Period, the Indemnified Party shall pay to the Indemnifying Party an amount equal to any Tax Benefit as and when actually realized by such Indemnified Party as a result of such Tax Adjustment.

• Tax Adjustment: Plus an amount for tax calculated in accordance with Rider TAX.

• As a result of the uncertainty in the application of Section 4999 of the Code that may exist at the time of the initial determination hereunder, it is possible that (x) certain Excise Tax Adjustment Payments will not have been made by the Company which should have been made (an "Underpayment"), or (y) certain Excise Tax Adjustment Payments will have been made which should not have been made (an "Overpayment"), consistent with the calculations required to be made hereunder.

• This paragraph provides for adjustment in the rent ("Tax Adjustment") to account for increases or decreases in Real Estate Taxes for the Property after the establishment of the Real Estate Tax Base, as those terms are defined herein.

• Rate CGS – Mid-Tex Rate CGS - OtherRate PT – Pipeline Transportation Rider MF – Municipal Fee Adjustment Rider RA - Retention Adjustment Rider REV – Revenue Adjustment Rider SUR – SurchargesRider TAX – Tax Adjustment SECTION:‌I.

More Definitions of Tax Adjustment

Tax Adjustment means the amount by which:

Tax Adjustment means, in respect of a Seller, the amount by which:

Tax Adjustment means the deemed increase or decrease in a Tax, determined on an issue-by-issue or transaction-by-transaction basis, as appropriate, and using the assumptions set forth in the next sentence, resulting from an adjustment made or proposed by a Taxing Authority with respect to any amount reflected or required to be reflected on any Return relating to such Tax. For purpose of determining such deemed increase or decrease in a Tax, the following assumptions will be used: (a) in the case of any income tax, the highest marginal tax rate or, in the case of any other Tax, the highest applicable Tax rate, in each case in effect with respect to that Tax for the Taxable period or any portion of the Taxable period to which the adjustment relates; and (b) such determination shall be made without regard to whether any actual increase or decrease in such Tax will in fact be realized with respect to the Return to which such adjustment relates.

Tax Adjustment shall have the meaning set forth in Section 10.4.

Tax Adjustment shall have the meaning set forth in Section 8.07(f)(i).

Tax Adjustment shall have the meaning set forth in Section 2.2(c)(iii).

Tax Adjustment as defined in Section 5.1(e) of the Partnership Agreement.