Tax Indemnity Payment definition

Tax Indemnity Payment has the meaning set forth in Section 8.1(c).
Sample 1Sample 2Sample 3
Tax Indemnity Payment shall have the meaning set forth in Section 7.01(d).
Sample 1Sample 2
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.
Sample 1

Examples of Tax Indemnity Payment in a sentence

  • If the Company delivers an Opinion Letter, the Tax Advisor shall recompute, and the Company shall make, the Tax Indemnity Payment in reliance on the information contained in the Opinion Letter.

  • If Tenant requests that the amount of the Tax Indemnity Payment be verified, Tenant and Landlord shall appoint a mutually acceptable unrelated recognized lease broker or lease advisor (such acceptance not to be unreasonably withheld) to confirm the calculations of the Tax Indemnity Payment.

  • If for any reason any tax benefit or savings taken into account in computing the amount of any Tax Indemnity Payment or any payment to the Tenant pursuant to this Paragraph 30, shall be lost or otherwise determined to be unavailable, such loss or unavailability shall be treated as a Loss for which Tenant is required to indemnify the Landlord under this Paragraph 30.

  • The conclusion of such broker or advisor shall be conclusive and binding on Landlord and Tenant with respect to the related Tax Indemnity Payment.

  • Landlord shall provide such broker or advisor with the methodology and assumptions used in computing the Expected Net Return, as well as all other information utilized by Landlord in computing the Tax Indemnity Payment, provided that such broker or advisor agrees to maintain the confidentiality of such information (including from Tenant) pursuant to a written agreement reasonably acceptable to Landlord.

  • If such broker or advisor concludes that Landlord’s calculation of the Tax Indemnity Payment is correct or is lower than the correct Tax Indemnity Payment, Tenant shall pay for the costs and expenses of such broker or advisor; if such broker or advisor concludes that Landlord’s calculation of the Tax Indemnity Payment is too high, Landlord shall pay the costs and expenses of such broker or advisor.

  • The amount of the Tax Indemnity Payment shall be computed using the same methodology and assumptions used in computing the Expected Net Return, including without limitation, that the Depreciation Deductions are Landlord’s only tax deductions with respect to this Lease, that Landlord is able to fully utilize the Depreciation Deductions and, in the case of Inclusions, is fully taxable on its net income at the maximum federal income tax rate then in effect for corporations.

  • If the Company or the Bank delivers an Opinion Letter, the Tax Advisor shall recompute, and the Company or the Bank shall make, the Tax Indemnity Payment in reliance on the information contained in the Opinion Letter.

  • For purposes of Section 6(c)(ii), the “Tax Indemnity Payment” shall equal the aggregate amount of additional payments necessary to deliver to the Executive the Monthly Premium amount in full on a net after-tax basis with the amount of each such Tax Indemnity Payment to be based upon the Tax Rate in effect when the corresponding Monthly Premium amount is paid.

  • Any payment pursuant to this section 18(c) shall in any case be made no later than the last day of the calendar year following the calendar year in which any additional taxes for which the Tax Indemnity Payment is to be made are remitted to the Internal Revenue Service.


More Definitions of Tax Indemnity Payment

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
Sample 1
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
Sample 1
Tax Indemnity Payment shall have the meaning set forth in Section 5.3.
Sample 1
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.
Sample 1
Tax Indemnity Payment. As defined in Section 7.7.
Sample 1

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 that certain Tax Indemnity Agreement [NW ____ _], dated as of the date hereof, between the Owner Participant and Lessee, as originally executed or as modified, amended or supplemented pursuant to the applicable provisions thereof.

  • 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 all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.

  • Indemnity Cap has the meaning set forth in Section 9.2(b).

  • 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).

  • Required Surety Payment With respect to any Additional Collateral Loan that becomes a Liquidated Mortgage Loan, the lesser of (i) the principal portion of the Realized Loss with respect to such Mortgage Loan and (ii) the excess, if any, of (a) the amount of Additional Collateral required at origination with respect to such Mortgage Loan over (b) the net proceeds realized by the Subservicer from the related Additional Collateral.

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

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

  • 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;

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).