Tax Assumptions definition

Tax Assumptions means the items described in Section 1 of the Tax Indemnity Agreement.

Tax Assumptions has the meaning set forth in Section 39(a)(1).

Tax Assumptions shall have the meaning specified in SECTION 1 of the Tax Indemnity Agreement.

Examples of Tax Assumptions in a sentence

• The amount of any Tax Savings with respect to a Tax or Inclusion Event indemnified hereunder shall be computed on the basis of the tax benefits actually realized by such Tax Indemnitee, the rates assumed in Section 2.1 hereof and the other Tax Assumptions.

• All payments and calculations made under this Section 4.2 shall be made taking into account the Tax Assumptions.

• The amount of any indemnity payable by a Tax Indemnifying Party to a Tax Indemnitee pursuant to Article 3 hereof and any Gross-Up shall be calculated on the basis of the tax detriments and benefits incurred or to be incurred (for the purposes of Section 3.2 hereof as a result the same event giving rise to the Inclusion Event) by such Tax Indemnitee and such amounts shall be computed in accordance with the rates assumed in Section 2.1 hereof and the other Tax Assumptions.

• At the Company’s expense, the Managing Member shall cause the Company to retain the Accounting Firm to prepare all such Tax Returns in a manner consistent with this Agreement, including the Fixed Tax Assumptions and the Base Case Model.

• The Internal Rate of Return the Class B Member actually achieved will be calculated using the Fixed Tax Assumptions (unless they are incorrect as a result of breach of a representation or covenant by the Class A Member) and the calculation assumptions and conventions in Section 7.11(c).

More Definitions of Tax Assumptions

Tax Assumptions shall have the meaning set forth in Article 2 hereof.

Tax Assumptions means for each Fund Company or Intermediate Company the applicable tax methods, conventions and assumptions that will be used by the Company to calculate the Tax Costs and Tax Benefits accruing to each Class A Member for purposes of determining the Class A Member’s After-Tax IRR at any point in time as specified in the Fund Addendum.

Tax Assumptions shall have the meaning set forth in Section 3.1.

Tax Assumptions means the following assumptions with respect to the basis of taxation of Management and its capability to pay Taxes to which it may be subject relative to the cash which it has available to pay such Taxes:

Tax Assumptions the meaning specified in the introductory paragraph of Section 2.

Tax Assumptions shall have the meaning assigned in the Tax Indemnification Agreement.

Tax Assumptions means those assumptions set forth on Exhibit G.