Tax Credit Loss definition

Tax Credit Loss is defined in Section 4.3(c).
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Tax Credit Loss has the meaning specified in Section 6(a).
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Examples of Tax Credit Loss in a sentence

  • Notwithstanding anything herein to the contrary, any taxes that are imposed on the Owner Participant as a result of the subsequent disallowance of the reduction of the Owner Participant's tax liability, for which reduction the Owner Participant has paid the Lessee pursuant to this Section 5(d), shall be treated as a Foreign Tax Credit Loss subject to indemnification under this Agreement without regard to Section 6 or 7.

  • We also include an Industry Leverage12, Market to Book, Fixed Assets, Profitability, Size, Volatility, Tax Credit, Loss Carry Forward, Abnormal Earnings, Rated and Investment Grade.

  • Wichita GP shall make such payment to AHF within 75 days of the Tax Credit Loss Event.

  • In the event of an unfavorable ruling by NPS to any proposed Alterations proposed by Tenant, Tenant shall not be precluded from making such alteration by reason of such fact if Tenant pays to Landlord the Estimated Tax Credit Loss prior to commencing any such Alteration or taking such action as the case may be.

  • Subject to the terms and conditions of this Agreement, each Party shall use commercially reasonable efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary to consummate and make effective the Transactions; provided, however, that this clause (d) shall not prohibit or require any action (or inaction) that results in a Tax Credit Loss that is fully insured pursuant to the Tax Insurance Policy.

  • Notwithstanding anything herein to the contrary, any taxes that are imposed on the Lessor as a result of the subsequent disallowance of the reduction of the Lessor's tax liability, for which reduction the Lessor has made payment pursuant to this Section 6(d), shall be treated a as Foreign Tax Credit Loss subject to indemnification under this Agreement without regard to Section 7 hereof.

  • During the Recapture Period, the Partner Counterparty shall not, and shall cause the Seller Parties to not, incur or suffer to exist any (A) Liens except Permitted Liens; (B) secured or unsecured indebtedness except Permitted Indebtedness; provided, however, that this clause (xi) shall not prohibit or require any action (or inaction) that results in a Tax Credit Loss that is fully insured pursuant to the Tax Insurance Policy.

Related to Tax Credit Loss

  • Tax Credit means a credit against, relief or remission for, or repayment of any Tax.

  • Input Tax Credit means the credit of input tax;

  • Tax Credits means any state, local and/or federal production tax credit, tax deduction, and/or investment tax credit specific to the production of renewable energy and/or investments in renewable energy facilities.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Tax Attribute means a net operating loss, net capital loss, unused investment credit, unused foreign tax credit, excess charitable contribution, general business credit or any other Tax Item that could reduce a Tax.

  • Economic loss means any economic detriment suffered by a victim as a direct and proximate result of the commission of an offense and includes any loss of income due to lost time at work because of any injury caused to the victim, and any property loss, medical cost, or funeral expense incurred as a result of the commission of the offense. "Economic loss" does not include

  • Carryback means any net operating loss, net capital loss, excess tax credit, or other similar Tax item which may or must be carried from one Tax Period to another Tax Period under the Code or other applicable Tax Law.

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.

  • Tax Loss means the taxable income or tax loss of the Trust, determined in accordance with Section 703(a) of the Code, for each Fiscal Year as determined for federal income tax purposes, together with each of the Trust's items of income, gain, loss or deduction which is separately stated or otherwise not included in computing taxable income and tax loss.

  • GP-Related Net Income (Loss) has the meaning set forth in Section 5.1(b).

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

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • Operating Loss means a negative Operating Profit.

  • Funding Loss means the amount (which shall be payable on demand by Lender) necessary to promptly compensate Lender for, and hold it harmless from, any loss, cost or expense incurred by Lender as a result of:

  • Simulated Gain means the excess of the amount realized from the sale or other disposition of an oil or gas property over the Carrying Value of such property.

  • Restructuring Loss means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Aggregate Loss Severity Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate amount of Realized Losses incurred on any Mortgage Loans from the Cut-off Date to the last day of the preceding calendar month and the denominator of which is the aggregate principal balance of such Mortgage Loans immediately prior to the liquidation of such Mortgage Loans.

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Tax credit certificate means a certificate issued by the office that:

  • Transaction Deductions means the sum of all items of loss or deduction for U.S. federal income tax purposes resulting from or attributable to (a) the payment of legal, financial advisory, accounting and other fees and expenses of the Group Companies (but not of Buyer) in connection with the transactions contemplated hereby, including the Seller Transaction Expenses and (b) any other payment contemplated by this Agreement that is in the nature of compensation for U.S. federal income tax purposes.

  • Tax Detriment means an increase in the Tax liability (or reduction in refund or credit or item of deduction or expense) of a taxpayer (or of the Affiliated Group of which it is a member) for any taxable period.

  • Simulated Loss means the excess of the Carrying Value of an oil or gas property over the amount realized from the sale or other disposition of such property.

  • Cram Down Loss means, with respect to any Receivable (other than a Defaulted Receivable) as to which any court in any bankruptcy, insolvency or other similar Proceeding issues an order reducing the principal amount to be paid on such Receivable or otherwise modifies any payment terms with respect thereto, an amount equal to the amount of the principal reduction ordered by such court. A “Cram Down Loss” will be deemed to have occurred on the date of issuance of such court’s order.

  • Net Income (Loss) means with respect to any Person and for any period, the aggregate net income (or loss) after taxes of such Person for such period, determined in accordance with GAAP.

  • Direct Loss means charges actually paid pursuant to this Agreement in respect of the period of the Delay. For the purposes of clause 13.4, the User's losses arising out of a Delay will be taken to include the amount of the relevant Direct Losses.