Tax Loan definition

Tax Loan is defined in Section 5.1(d)(vii).

Tax Loan has the meaning set forth in Section 4.8.1.

Tax Loan has the meaning set forth in Section 5.1.

Examples of Tax Loan in a sentence

Most minority banks are full-service corporations that can provide an array of financial services such as Treasury and Tax Loan fund accounts, time and demand deposit accounts, payroll services, and, if needed, organization investment counseling.
Most minority banks are full-service corporations that can provide an array of financial services such as Treasury and Tax Loan fund accounts, time and demand deposit accounts, payroll services, and if needed, organization investment counseling.
As of each date a Tax Loan is extended to the Key Employee, the dollar amount of such Tax Loan so issued to the Key Employee hereunder shall not exceed 50% of the Fair Market Value of the Shares awarded to the Key Employee hereunder as to which the Restriction Period has then lapsed.
The Key Employee will execute a promissory note in the form attached to this Agreement to evidence his obligation to repay such Change in Control Tax Loan.
In addition to any other rights of the Company to enforce its entitlement to receive payment of the Tax Loan, plus any accrued interest thereon, the Company may deduct from any Distribution to be made to a Borrowing Member an amount not greater than the outstanding balance of any Tax Loan, plus any accrued interest thereon, as a payment in total or partial satisfaction thereof.

Tax Loan means a loan (or loans) offered to and accepted by a Grantee to offset all or a portion of federal and state taxes that a Grantee incurs as a result of the Trust's forgiveness of his Purchase Loan.

Tax Loan is defined in Section 9.3(d).

Tax Loan has the meaning given that term in Section 3.3(a).

Tax Loan has the meaning set forth in Section 9.3(a)(iii).

Tax Loan is defined in Section 5.1(k) hereof.

Tax Loan shall have the meaning set forth in Section 5.2 hereof.

Tax Loan has the meaning ascribed to such term in the third recital hereof;