Tax Benefit Issue definition

Tax Benefit Issue has the meaning specified in Section 9.3.1 hereof.
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Tax Benefit Issue shall have the meaning ascribed thereto in Section 4.02(a) hereof. "Tax Benefit Payment" shall have the meaning ascribed thereto in Section 5.03 hereof. "Tax Benefits Schedule" shall have the meaning ascribed thereto in Section 5.02 hereof. "Tax Rate" shall have the meaning ascribed thereto in Section 5.03 hereof.
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Examples of Tax Benefit Issue in a sentence

  • Decisions relating solely to tax issues unrelated to the Tax Benefit Issue shall be made exclusively by Buyer and its representatives, provided, however, that such decisions could not reasonably have an adverse tax consequence on the Tax Benefits Issue.

  • Representatives of Alliant Energy or Resources shall be allowed to participate in such proceedings in so far as they relate to the Tax Benefit Issue and such participation shall be reflected by the grant of appropriate powers of attorney.

  • Representatives of AFS shall be allowed to participate in such proceedings in so far as they relate to the Tax Benefit Issue and such participation shall be reflected by the grant of appropriate powers of attorney.

  • Decisions regarding the conduct of such proceedings, to the extent involving a Tax Benefit Issue, shall be made by Tandy and its representatives after consultation with Holdings and its representatives.

  • In the event that an audit of Buyer, ▇▇▇▇▇▇▇ or any other affected member of the Buyer Group by the Internal Revenue Service or other Tax Authority may have an effect on the existence or amount of the Tax Benefits, the Prepayment Amount or the Lump Sum Tax Benefit Amount (a "Tax Benefit Issue"), Buyer, ▇▇▇▇▇▇▇ and any other affected member of the Buyer Group shall contest the matter on audit, through Internal Revenue Service or other administrative proceedings and through judicial proceedings.

  • In the event that the Internal Revenue Service or a state Tax Authority disputes the existence or amount of the Tax Benefit Base Amount or of any Tax Benefits, including any challenge to the Tax Allocation Schedule (the "Tax Benefit Issue"), Buyer or Pinnacle Airlines shall contest the matter on audit, through Internal Revenue Service or state appellate proceedings and through judicial proceedings.

  • Representatives of NWA shall be allowed to participate in such proceedings in so far as they relate to the Tax Benefit Issue and such participation shall be reflected by the grant of appropriate powers of attorney.

  • Representatives of Tandy shall be allowed to participate in such proceedings in so far as they relate to the Tax Benefit Issue and such participation shall be reflected by the grant of appropriate powers of attorney.

Related to Tax Benefit Issue

  • Tax Benefit means any refund, credit, or other item that causes reduction in otherwise required liability for Taxes.

  • Tax Benefit Payment is defined in Section 3.1(b) of this Agreement.

  • Tax Benefits means the net operating loss carryovers, capital loss carryovers, general business credit carryovers, alternative minimum tax credit carryovers and foreign tax credit carryovers, as well as any loss or deduction attributable to a “net unrealized built-in loss” within the meaning of Section 382 of the Code and the Treasury Regulations promulgated thereunder, of the Company or any of its Subsidiaries.

  • Tax Detriment means any item of income, gain, recapture of credit or any other Tax Item which increases Taxes paid or payable.

  • Tax Benefit Schedule is defined in Section 2.02 of this Agreement.