Tax Element definition

Tax Element has the meaning given to that expression in Schedule 6.
Tax Element means the fee payable by the Charterer to the Borrower pursuant to clause 13.1 of the Charter, calculated in accordance with paragraph 6 of Schedule VI to the Charter. Technical Adviser means Poten & Partners (UK) Ltd. of Viewpoint, 00 Xxxxxxxxx Xxxxxx, Xxxxxx X0X 0XX or any other technical consultant with experience of assets of the same type as the Vessel and the Mooring appointed by the Co-ordination and Structuring Bank and/or the Facility Agent on behalf of the Lenders, with the approval of the Borrower (such approval not to be unreasonably withheld or delayed and, to the extent that the Borrower has not responded to the Facility Agent within 5 Business Days of its request, such approval shall be deemed to have been given) to review and report on the Project, to assess the Vessel’s and the Mooring’s ability to perform in accordance with the Charter, to verify whether Final Acceptance has been achieved satisfactorily and to report to the Lenders in accordance with the Agreed Scope of Work (as the same may be amended from time to time by the Facility Agent, with the consent of the Technical Adviser and the Lenders and following consultation with the Sponsors).
Tax Element means the fee payable by the Charterer to the Borrower pursuant to clause 12 of the Charter, calculated in accordance with sections 4.2 and 4.3 of Schedule 6 to the Charter. Technical Adviser means Xxxxxxxx Energy or any other technical consultant with experience of assets of the same type as the Vessel and the Mooring appointed by the Facility Agent on behalf of the Lenders, with the approval of the Borrower (such approval not to be unreasonably withheld or delayed and, to the extent that the Borrower has not responded to the Facility Agent within 5 Business Days of delivery of its request, such approval shall be deemed to have been given) to carry out the Agreed Scope of Work.

Examples of Tax Element in a sentence

  • Band D Town Council Proportion of Council Tax Element 2014/2015 -£107.62 Band D Property Impact 7.72% increaseBand D Property Impact 24.81% increase.6.272/14£8.30 per year £26.70 per year69p per month£2.23 per month15p per week51p per week Property Committee – Impact Option 2 The £30,000 photo voltaic panels on the Public Hall will fall within the remit of the Property Committee.

  • In case Octroi is to be worked out considering Tax Element, then select for Octroi POST-TAX and vice versa.

  • Deficit on Council Tax Element of the Collection FundThere was a budgeted nil deficit in 2005/06 (£523,700 2004/05) on the Council Tax element of the Collection Fund.

  • Click on Add Tax Structure Element to select the tax to be added.Select Tax Element (Simple Tax or Cess) for which you want to have fixed tax value.Check Is Flat Tax Value checkbox.

  • The Tax Element Payment shall be equal to the exact amount resulting from the product of the Concerned Sub's Employees Total Amount multiplied by the then applicable rate of the company's income tax and shall be payable in full upon complete and final realization of the effective reduction in corporate income tax resulting from the payment on the Closing Date of the Concerned Sub's Employees Total Amount.

  • Council Tax Element £'000Ribble Valley Borough Council Precept -3,497Precept relating to all Parishes -451Collection Fund Surplus -62Total Net Council Tax Income -4,010Business RatesThis is retained business rates at a baseline level set by the government, plus growth on business rates that has been realised.

  • Such Tax Element Payment shall be deemed to be an adjustment to the Final Closing Purchase Price.


More Definitions of Tax Element

Tax Element means the fee payable by the Charterer to the Borrower pursuant to clause 12 of the Charter, calculated in accordance with sections 4.2 and 4.3 of Schedule 6 to the Charter.

Related to Tax Element

  • Tax Item means, with respect to any Income Tax, any item of income, gain, loss, deduction, or credit.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Income Tax Expense means, with respect to the Borrowers, for any period, the aggregate, without duplication, of all Taxes on the income of such Person for such period, whether current or deferred, determined on a Modified Consolidated Basis.

  • Tax area means a geographic area created by the overlapping boundaries of one or more taxing entities.

  • Income Tax Return means any Tax Return relating to Income Taxes.

  • Tax Expense means, for any period, the tax expense (including federal, state, provincial, local, foreign, franchise, excise and foreign withholding taxes) of the Loan Parties and their Subsidiaries, including any penalties and interest relating to any tax examinations for such period, determined on a consolidated basis in accordance with GAAP.

  • Tax Contest means an audit, review, examination, or any other administrative or judicial proceeding with the purpose or effect of redetermining Taxes (including any administrative or judicial review of any claim for refund).

  • Tax Audit means any audit, assessment, or other examination relating to Taxes by any Tax Authority or any judicial or administrative proceedings relating to Taxes.

  • Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Tax Items shall have the meaning set forth in Section 6.4.A.

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • Separate Return means (a) in the case of any Tax Return of any member of the SpinCo Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the Parent Group and (b) in the case of any Tax Return of any member of the Parent Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the SpinCo Group.

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Structure means a walled and roofed building, a manufactured home, or a gas, liquid, or liquefied gas storage tank that is principally above ground.

  • building or structure means a permanent enclosed structure occupying an area greater than 10 square metres, consisting of a wall, roof, and/or floor, or any of them, or a structural system serving the function thereof, which includes, but is not limited to, air-supported structures or industrial tents; a canopy however shall not be considered a building or structure for the purpose of this By-law and shall not attract development charges;

  • Partnership Tax Audit Rules means Sections 6221 through 6241 of the Code, as amended by the Bipartisan Budget Act of 2015, together with any guidance issued thereunder or successor provisions and any similar provision of state or local tax laws.

  • Remedial Design or “RD” shall mean those activities to be undertaken by SDs to develop final plans and specifications for the RA as stated in the SOW.

  • utility structure means transmission and distribution lines

  • Non-Income Tax Return means any Tax Return relating to Taxes other than Income Taxes.

  • Point of Impingement means any point outside the facility in the natural environment and as defined by s.2 of O. Reg. 419/05.

  • Parking Permit means a season ticket, contract permit, business permit, staff permit, disabled badge or resident’s permit of a type and design issued by the Council;

  • Variance means a grant of relief from the requirements of this chapter which permits construction in a manner that would otherwise be prohibited by this chapter.

  • Ministry Point of Impingement Limit means the appropriate Standard from Schedule 1, 2 or 3 from O.Reg. 419/05 and if a standard is not provided for a Contaminant of Concern the appropriate criteria listed in the Ministry publication titled "Summary of Standards and Guidelines to support Ontario Regulation 419: Air Pollution - Local Air Quality (including Schedule 6 of O. Reg. 419 on Upper Risk Thresholds)", dated February 2008, as amended.

  • Zoning means the purpose for which land may lawfully be used or on which buildings may be erected or used, or both, as contained in an applicable town planning scheme and "zoned " has a corresponding meaning. Where a property carries multiple zoning rights, the categorisation of such property will be by apportioning the market value of the property, in a manner as may be prescribed, to the different purposes for which the property is used; an applying the rates applicable to the categories determined by the Municipality for properties used for those purposes to the different market value apportionments.