Tax Determination definition

Tax Determination has the meaning set forth in Section 7.1(f).

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Tax Determination means an Opinion of Outside Counsel (containing such conditions, limitations and qualifications as are acceptable to the General Partner in its sole discretion) to the effect that, as a result of the proposed transaction, neither the Partnership nor Alliance Capital will suffer an Adverse Partnership Tax Consequence. Notwithstanding any provision of this Agreement to the contrary, a Tax Determination shall not be required in connection with or as a condition to any action at any time after (x) the General Partner has taken any action pursuant to clause (y) of the first sentence of Section 2.05 or (y) an Adverse Tax Determination.

Tax Determination means a “determination” defined in Section 1313(a)(l) of the Code and shall also include any settlement agreement entered into with the IRS;

Examples of Tax Determination in a sentence

BNY Mellon and TRP shall put in place mutually agreed upon procedures as part of the SLD that outline the circumstances under which BNY Mellon is required to alert TRP regarding a BNYM Tax Determination.
TRP shall have the right in those circumstances to instruct BNY Mellon to process a security or an event differently than the BNYM Tax Determination for a Fund or Funds (the “Escalation Process”).
By purchasing the Class B Notes, Holders agree to treat such Class B Notes as notional principal contracts for U.S. federal income tax purposes (except for U.S. withholding tax purposes) and, as a result, as (i) a deemed loan and (ii) an on-market swap, each of which is tax accounted for in the manner described in the Offering Circular, unless such Holders are required to treat the Class B Notes in some other manner pursuant to a Final Tax Determination.
By purchasing the Class B-1 Notes, Holders agree to treat such Class B-1 Notes as notional principal contracts for U.S. federal income tax purposes (except for U.S. withholding tax purposes) and, as a result, as (i) a deemed loan and (ii) an on-market swap, each of which is tax accounted for in the manner described in the Offering Circular, unless such Holders are required to treat the Class B-1 Notes in some other manner pursuant to a Final Tax Determination.
Each Tax Determination shall become final and binding upon the parties (a) if there is no Tax Dispute, at the end of such fifteen (15) day period, without change, or (b) if there is a Tax Dispute, upon final resolution of such Tax Dispute, with such changes as may result from such Tax Dispute.

More Definitions of Tax Determination

Tax Determination means a determination of net payable tax by any Commissioner under chapter eleven;

Tax Determination is defined in Section 7.10.

Tax Determination. The meaning set forth in Article X hereof.

Tax Determination means a final determination of Tax Liability as the result of a Tax Settlement Agreement or a Tax Proceeding.

Tax Determination as defined in Section 2.2(a).

Tax Determination means, with respect to a claim by the Buyer under Section 8.2(d) of the Stock Purchase Agreement to the extent such claim relates to sales or use Tax of the Company or any Subsidiary attributable to any Pre-Closing Tax Period, (A) a written compromise or settlement of such claim signed by the Buyer and the Seller Representative specifying an amount owing, if any, to the Buyer, (B) (1) a binding judgment of a court of competent jurisdiction in the United States of America (the time for appeal having expired and no appeal having been perfected) in favor of the Buyer and against the applicable Seller or Sellers with respect to such claim or (2) a binding written settlement with the applicable state taxing authority or judgment of a court of competent jurisdiction in the United States of America (the time for appeal having expired and no appeal having been perfected) to the extent in favor of a state taxing authority and against the Company or applicable Subsidiary with respect to such claim, or (C) (1) a binding judgment of a court of competent jurisdiction in the United States of America (the time for appeal having expired and no appeal having been perfected) in favor of the applicable Seller or Sellers and against the Buyer with respect to such claim or (2) a binding written settlement with the applicable state taxing authority or judgment of a court of competent jurisdiction in the United States of America (the time for appeal having expired and no appeal having been perfected) to the extent in favor of the Company or any Subsidiary and against a state taxing authority with respect to such claim.

Tax Determination means, with respect to the Company or any of its Subsidiaries,