Tax Change Event definition

Tax Change Event means that, as a result of:
Tax Change Event means: A tax change event occurs if any of the following occurs during the course of an access arrangement period for AGN: a change in a Relevant Tax, in the application or official interpretation of a Relevant Tax, in the rate of a Relevant Tax, or in the way a Relevant Tax is calculated; b the removal of a Relevant Tax; c the imposition of a Relevant Tax; and in consequence, the cost to AGN of providing Reference Services are increased or decreased. ‘Terrorism Event’ means: An act (including, but not limited to, the use of force or violence or the threat of force or violence) of any person or group of persons (whether acting alone or on behalf of, or in connection with, any organisation or government), which: a from its nature or context is done for, or in connection with, political, religious, ideological, ethnic or similar purposes or reasons (including the intention to influence or intimidate any government and/or put the public, or any section of the public, in fear); and b increases the cost to AGN of providing the Reference Service. Note for the avoidance of doubt, in making a determination on a Terrorism Event, the AER will have regard to, amongst other things: i whether AGN has insurance against the event; ii the level of insurance that an efficient and prudent service provider would obtain in respect of the event; and iii whether a declaration has been made by a relevant government authority that an act of terrorism has occurred.
Tax Change Event means: A tax change event occurs if any of the following occurs during the course of an Access Arrangement period for AGN: a change in a Relevant Tax, in the application or official interpretation of a Relevant Tax, in the rate of a Relevant Tax, or in the way a Relevant Tax is calculated; b the removal of a Relevant Tax; c the imposition of a Relevant Tax; and in consequence, the cost to AGN of providing Reference Services are increased or decreased. ‘Terrorism Event’ means: An act (including, but not limited to, the use of force or violence or the threat of force or violence) of any person or group of persons (whether acting alone or on behalf of, or in connection with, any organisation or government), which: a from its nature or context is done for, or in connection with, political, religious, ideological, ethnic or similar purposes or reasons (including the intention to influence or intimidate any government and/or put the public, or any section of the public, in fear); and b changes the cost to AGN of providing the Reference Service.

Examples of Tax Change Event in a sentence

  • Issuer Tax Change Event means that, on or after the Deemed Date of Allotment of the Debentures, the imposition of any withholding or deduction on any payments in respect of the Debentures by or on behalf of the Issuer if such withholding or deduction is required by law.

  • Przy jakiejkolwiek niezgodności wersją odwoławczą pozostaje wersja polska niniejszej karty.

  • The Originator will have the option to repurchase at its own discretion all outstanding Receivables and hence instruct the Management Company to carry out an Early Redemption for the entire issue of the Notes in whole (but not in part) if a Clean-up Call event, Regulatory Change Event or Tax Change Event occurs subject to certain conditions as set forth in section 4.4.3.2 of the Registration Document.

  • This memorandum thus focuses on structures that accommodate that desire.

  • Those generations who pay more in the future, or who have done so in the past, may have to accept this burden, either on behalf of those who came before them, or for those who will come after.


More Definitions of Tax Change Event

Tax Change Event means any event whereby the Fund, at any time, is required by law to make withholdings or deductions on payments to be carried out under the Notes; as well as any present or future taxes, withholdings or charges, whatever their nature, that are determined by any applicable legal system or any country with competent jurisdiction or by or on behalf a subdivision political or government agency with authority to establish taxes.
Tax Change Event means: A tax change event occurs if any of the following occurs during the course of an access arrangement period for AGN: a change in a Relevant Tax, in the application or official interpretation of a Relevant Tax, in the rate of a Relevant Tax, or in the way a Relevant Tax is calculated; b the removal of a Relevant Tax; c the imposition of a Relevant Tax; and in consequence, the cost to AGN of providing Reference Services are increased or decreased. ‘Terrorism Event’ means: An act (including, but not limited to, the use of force or violence or the threat of force or violence) of any person or group of persons (whether acting alone or on behalf of, or in connection with, any organisation or government), which: a from its nature or context is done for, or in connection with, political, religious, ideological, ethnic or similar purposes or reasons (including the intention to influence or intimidate any government and/or put the public, or any section of the public, in fear); and b increases the cost to AGN of providing the Reference Service. Note for the avoidance of doubt, in making a determination on a Terrorism Event, the AER will have regard to, amongst other things: i whether AGN has insurance against the event; ii the level of insurance that an efficient and prudent service provider would obtain in respect of the event; and iii whether a declaration has been made by a relevant government authority that an act of terrorism has occurred. ‘Retailer Insolvency Event’ has the meaning set out in the National Gas Rules as in force from time to time, except that: a where used in the definition of 'retailer insolvency event' in the National Gas Rules, the term 'retailer' means the holder of a licence to sell gas under the Gas Industry Act 2001 (Vic); and b other terms used in the definition of retailer insolvency event in the Rules as a consequence of amendments made to that definition from time to time, which would otherwise take their meaning by reference to provisions of the National Gas Law, National Gas Rules or National Energy Retail Law not in force in Victoria, take their ordinary meaning and natural meaning, or their technical meaning (as the case may be).
Tax Change Event means that, as a result of any amendment in the SA Tax Act (including, without limitation, the replacement of SA Tax Act with different legislation), which occurs after the Tax Reference Date, the Preference Dividends become subject to any SA Tax, (other than the Dividends Tax or any other withholding Tax imposed under any law of the Republic of South Africa) in the hands of all the SA Corporates who are Resident Beneficiaries of any Outstanding Preference Shares. For clarity, it is specifically recorded that no Tax Change Event shall occur if (i) any amendment envisaged in clause 32.1.46 of this Memorandum of Incorporation occurs, but (ii) the effect of such amendment is to subject Resident Beneficiaries who are not SA Corporates to the applicable Tax;
Tax Change Event means: A tax change event occurs if any of the following occurs during the course of an Access Arrangement period for AGN: a change in a Relevant Tax, in the application or official interpretation of a Relevant Tax, in the rate of a Relevant Tax, or in the way a Relevant Tax is calculated; b the removal of a Relevant Tax; c the imposition of a Relevant Tax; and in consequence, the cost to AGN of providing Reference Services are increased or decreased.
Tax Change Event means: A tax change event occurs if any of the following occurs during the course of an access arrangement period for MultinetAGN: a change in a Relevant Tax, in the application or official interpretation of a Relevant Tax, in the rate of a Relevant Tax, or in the way a Relevant Tax is calculated; b the removal of a Relevant Tax; c the imposition of a Relevant Tax; and in consequence, the cost to MultinetAGN of providing Reference Services are increased or decreased. ‘Terrorism Event’ means: An act (including, but not limited to, the use of force or violence or the threat of force or violence) of any person or group of persons (whether acting alone or on behalf of, or in connection with, any organisation or government), which: a from its nature or context is done for, or in connection with, political, religious, ideological, ethnic or similar purposes or reasons (including the intention to influence or intimidate any government and/or put the public, or any section of the public, in fear); and b increases the cost to MultinetAGN of providing the Reference Service. Note for the avoidance of doubt, in making a determination on a Terrorism Event, the AER will have regard to, amongst other things: i whether MultinetAGN has insurance against the event;
Tax Change Event means any amendment in the Income Tax Act (including, without limitation, the replacement of Income Tax Act with different legislation), which occurs after the date on which this clause 40 is incorporated into the Company’s MOI, as a result of which the Preference Dividends become subject to any SA Tax (other than Dividends Tax or any other withholding Tax imposed under any law of South Africa) in the hands of SA Corporates. For clarity, it is specifically recorded that no Tax Change Event shall occur if (i) any amendment envisaged in this clause 40.1.47 occurs, but (ii) the effect of such amendment is to subject only Resident Beneficiaries (excluding South African trusts to the extent that the beneficiaries of such trusts include SA Corporates) who are not SA Corporates only to the applicable Tax;
Tax Change Event means any event after the Date of Incorporation derived from changes in relevant taxation law and accounting provisions and/or regulation (or official interpretation of that taxation law and accounting provisions and/or regulation by authorities) as a consequence of which the Fund is or becomes at any time required by law to deduct or withhold, in respect of any payment under any of the Notes, any present or future taxes, levies or governmental charges, regardless of their nature, which are imposed under any applicable legal system or in any country with competent jurisdiction, or for the account of, any political subdivision thereof or government agency authorised to levy taxes, that materially affects the allocation of benefits among the parties of the transaction.