Tax Indemnity Payment definition

Tax Indemnity Payment has the meaning set forth in Section 8.1(c).
Tax Indemnity Payment shall have the meaning set forth in Section 7.01(d).
Tax Indemnity Payment has the meaning set forth in Section 8.1(c). “Tax Opinion” has the meaning set forth in Section 6.1(e). “Tax Return” means any return, report or similar statement required to be filed with respect to any Tax (including any attached schedules), including any information return, claim for refund, amended return or declaration of estimated Tax. “Third Party” has the meaning set forth in Section 8.2(d). “Third-Party Claim” has the meaning set forth in Section 7.10(b)(i). “Transaction Expenses” means all out-of-pocket expenses (including all fees and expenses of counsel, accountants, investment bankers, experts and consultants to a party hereto and its Affiliates) incurred by a party or on its behalf in connection with or related to the authorization, preparation, negotiation, execution and performance of this Agreement, the Ancillary Agreements and the Transactions. “Transactions” means the transactions contemplated by this Agreement and the Ancillary Agreements. “Transfer” means any direct or indirect sale, lease, assignment, pledge, hypothecation, encumbrance, disposition, transfer, gift or attempt to create or grant a security interest in any property or contract right or any interest therein or Annex A-18 Table of Contents

Examples of Tax Indemnity Payment in a sentence

  • In addition, extensive studies are required to assess the effect of CJ on bacterial and cellular gene expression.

  • NYLD, the Project Companies and Purchaser acknowledge that neither Purchaser, NYLD Op nor any Project Company will have the right to a Tax Indemnity Payment under this Agreement to the extent it is duplicative of an amount received in respect of indemnification for property taxes in connection with the Solar Properties under the Dropdown PSAs.

  • In case of the failure of the Company punctually to pay any such principal, premium, if any, or interest or Tax Indemnity Payment, the Guarantor hereby agrees to cause any such payment to be made punctually when and as the same shall become due and payable, whether at maturity or upon redemption or upon declaration or otherwise, and as if such payment were made by the Company.

  • The out-of-district tuitions are expected to remain intact as providers are continuing to provide learning opportunities for our students.

  • For the avoidance of doubt, a Tax Indemnity Payment shall not include any amount representing penalties or interest imposed on the applicable Project Company, Purchaser (with respect to the DG Solar Properties) or NYLD resulting from the failure of such Project 11 CONFIDENTIAL TREATMENT PURSUANT TO RULE 24b-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 HAS BEEN REQUESTED FOR THE OMITTED PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY ASTERISKS.

  • All amounts payable or to be paid under this Section 8.1 (the “ Tax Indemnity Payments”) shall be paid in immediately available funds within five (5) Business Days after the later of (i) receipt of a written request from the party entitled to such Tax Indemnity Payment and (ii) the day of payment of the amount that is the subject of the Tax Indemnity Payment by the party entitled to receive the Tax Indemnity Payment.

  • This training will occur within the first six (6) weeks of employment.


More Definitions of Tax Indemnity Payment

Tax Indemnity Payment means any payment made by the Company to a Management SHI Stockholder which is a party to the Tax Indemnity Agreement of such Management SHI Stockholder's Tax Loss (as defined in the Tax Indemnity Agreement) pursuant to Section 2 of the Tax Indemnity Agreement. "TAX SHARING AGREEMENT" is defined in CLAUSE (a) of SECTION 3.7.
Tax Indemnity Payment shall have the meaning set forth in Section 5.3.
Tax Indemnity Payment means any indemnification payment or payment of Ad Valorem Taxes paid by U S WEST pursuant to Section 9.4 of this Agreement.
Tax Indemnity Payment. As defined in Section 7.7.
Tax Indemnity Payment means any amount payable by the Issuer to the Portfolio Manager in respect of any Tax pursuant to the terms of the indemnity given by the

Related to Tax Indemnity Payment

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Tax Indemnity means the deed of covenant against taxation, in the Agreed Terms, to be entered into on the Closing Date between the Seller and the Purchaser;

  • Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).

  • Tax Indemnity Agreement means the Tax Indemnity Agreement, dated as of even date with the Participation Agreement, between Lessee and Owner Participant.

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Tax Indemnitee as defined in Section 3.01(5).

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • Transaction Payroll Taxes means the employer portion of any employment or payroll Taxes with respect to any bonuses, severance, option cashouts, Change in Control Payments or other compensatory payments in connection with the transactions contemplated by this Agreement, whether payable by Buyer, the Company or its Subsidiaries.

  • Indemnity Cap has the meaning set forth in Section 8.4.3.

  • Seller’s Taxes shall have the meaning set forth in Section 5.4(a) hereof.

  • Seller Taxes has the meaning set forth in Section 11.1(f).

  • Tax Indemnifying Party shall have the meaning set forth in Section 7.6(d).

  • Indemnity Escrow Amount means $5,000,000.

  • Indemnified Tax means (a) any Tax, other than an Excluded Tax, imposed on or with respect to any payment made by or on account of any obligation of the Borrower under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes.

  • tax dues means the tax payable under this Act and does not include interest, fee and penalty; and

  • 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.

  • Tax Benefit Payment is defined in Section 3.1(b) of this Agreement.

  • Input Tax Credit means the credit of input tax;

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

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

  • Deficiency Payment has the meaning set forth in Section 9(a).

  • 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).

  • input tax , in relation to a vendor, means—

  • Capacity Payment means a payment to a capacity provider under these Regulations for its commitment to meet a capacity obligation during a delivery year;