Tax Holdback Amount definition

Tax Holdback Amount means an amount equal to $8,000,000.
Sample 1
Tax Holdback Amount means an amount equal to $100,000 less any amounts that are set-off against the Tax Holdback Amount by Purchaser on or prior to the Tax Holdback Release Date pursuant to the terms of this Agreement.
Sample 1
Tax Holdback Amount means $1,000,000.
Sample 1

Examples of Tax Holdback Amount in a sentence

  • Sellers shall keep Buyer reasonably informed from time to time regarding the status of Sellers’ discussions with the Department regarding the taxes subject to the Bulk Sales Tax Holdback Amount.

  • The interactions in the lattice are related to the s-wave scattering lengths aσσ × by Uσσ × 4π(aσσ × k2/M) d3x wσ (x) 2 wσ × (x) 2 with wσ (x) the Wannier function for the σ component, which depends on the local optical potential.

  • The Bulk Sales Tax Holdback Amount will be disbursed pursuant to Section 1.12.

  • If the IRS Ruling is received, after the Closing Date, in scope, form and substance reasonably satisfactory to Heartland, Heartland or a paying agent appointed by Heartland will release the Aggregate Tax Holdback Amount within 10 Business Days following the date on which Heartland receives the IRS Ruling to the Stockholder Representative for the benefit of the former holders of FBLB Common Stock pro rata in accordance with their holdings of each FBLB Converted Share.

  • Distributions of the Stockholder Tax Holdback Amount and the Stockholder Tax Special Fund shall be governed pursuant to the terms and conditions of Section 8.04.

  • Even when all the initiatives in the action plan have been realized the campus will still produce some carbon emissions, so programs for car- bon offsetting and/or capture will need to be developed.

  • The Final Tax Holdback Amount shall be calculated, adjusted and paid in accordance with Article 8 and the Deferred Payments and Exit Payment shall be calculated and paid in accordance with Schedule 4.

  • Acquirer may correct and pay any Sales Tax Liability without further notice or any consent from the Stockholders’ Agent (“Discretionary VDA Amounts”); provided that the aggregate amount of such Discretionary VDA Amounts do not exceed the Sales Tax Holdback Amount.

  • The Aggregate Tax Holdback Amount will be subject to the terms and conditions of this Section 6.14.

  • If the Tax Holdback Amount is exhausted or insufficient to cover such resulting amount, any Accrued Income Taxes over and above the available Tax Holdback Amount shall be subtracted from the Holdback Amount and paid to the appropriate taxing authorities.


More Definitions of Tax Holdback Amount

Tax Holdback Amount means the sum of [REDACTED – TAX HOLDBACK AMOUNT].
Sample 1
Tax Holdback Amount means an amount equal to $500,000, which amount is included with the General Holdback Amount.
Sample 1

Related to Tax Holdback Amount

  • Holdback Amount has the meaning set forth in Section 2.1(c).

  • Indemnity Escrow Amount means $3,000,000.

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Escrow Cash is defined in Section 4.1(a).

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Adjustment Escrow Amount means $1,000,000.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any interest or other amounts earned thereon.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Retained Amount means the present value (as determined in accordance with sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Code) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto.

  • Working Capital Escrow Amount means $2,000,000.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(b).

  • Cash Amount means an amount of cash equal to the product of (i) the Value of a REIT Share and (ii) the REIT Shares Amount determined as of the applicable Valuation Date.

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Closing Payment Amount has the meaning specified in Section 1.5.

  • Holdback has the meaning set forth in Section 4.1(d)(i).

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).