Examples of Tax Calculation in a sentence
In addition, Abraxas agrees to utilize the methodology used in the Tax Calculation when filing Energy’s final Tax Return.
Municipal securities subject to the Alternative Minimum Tax Calculation are permissible.
If Buyer and Seller are able to agree in writing upon the Initial Estimated Tax Calculation within ten (10) days following delivery thereof (the "INITIAL ESTIMATED TAX CALCULATION PERIOD") by Seller to Buyer, then Seller and White shall cause the Company to pay to Seller at Closing cash in the amount of the Initial Estimated Tax Calculation (the "INITIAL ESTIMATED TAX AMOUNT"), less any amounts previously paid by the Company to the Seller Group with respect to the Initial Tax Calculation Period.
The Company shall permit Parent and its Representatives at all reasonable times and upon reasonable notice to review the Company’s working papers relating to the Company’s Tax Calculation, as well as all of the Company’s accounting books and records relating to such calculation, and the Company shall make reasonably available its Representatives responsible for the preparation of such calculations in order to respond to the reasonable inquiries of Parent.
In the event Buyer and Seller cannot agree on the Initial Estimated Tax Calculation within the Initial Estimated Tax Calculation Period, then the determination of the Initial Estimated Tax Calculation shall be determined by an accounting firm of nationally recognized standing (the "INDEPENDENT ACCOUNTING FIRM") to be mutually selected by Buyer and Seller or, if no agreement is reached, by the accountants engaged by Seller and Buyer, respectively.
In the event of any dispute between the Company and the Executive with respect to this Agreement (other than a dispute with respect to the calculation of the Executive's Termination Payment and Gross-Up Payment under sub-Paragraph 7(A)(vi) Tax Calculation, which dispute shall be resolved in accordance with the provisions set forth in such sub-Paragraph), either party may, in its sole discretion by notice to the other, require such dispute to be submitted to arbitration.
If Buyer and Seller are able to agree in writing upon the Revised Estimated Tax Calculation within fifteen (15) days following the delivery of the Revised Estimated Tax Calculation to Buyer, then the Company shall pay, and the Buyer shall cause the Company to pay, promptly to Seller an amount equal to (i) the amount of the Revised Estimated Tax Calculation (the "REVISED ESTIMATED TAX AMOUNT"), less (ii) the Initial Estimated Tax Amount.
The Independent Accounting Firm shall make a calculation of the Initial Estimated Tax Calculation, which shall be final and binding.
In the event Seller and Buyer cannot agree on the Revised Estimated Tax Calculation within sixty (60) days following the Closing, then the determination of the Revised Estimated Tax Amount shall be determined by the Independent Accounting Firm selected as set forth above, which shall be instructed to use every reasonable effort to make such determination within fifteen (15) days of submission thereto and, in any event, as soon as practicable after such submission.
The Independent Accounting Firm shall make its calculation of the Initial Estimated Tax Calculation as promptly as possible, but in no event later than the day immediately preceding the Closing Date.