Tax Note definition

Tax Note has the meaning assigned to that term in subsection 3.1F(iv).
Tax Note means the note(s) to be issued on the Effective Date by Reorganized Covanta in respect of certain tax claims pursuant to Section 2.4 of the Plan, which shall be in form and substance reasonably acceptable to Purchaser and Company.
Tax Note has the meaning set forth in Exhibit A.

Examples of Tax Note in a sentence

  • Income received, otherwise than on transfer, in respect of units of a mutual fund would be exempt from tax under Section 10(35) of the Act.• Capital Gains Tax Note: Period of holding for short term capital asset in respect of units of equity oriented mutual fund schemes is less than or equal to 12 months and in case of other than equity oriented mutual fund units, it is less than or equal to 36 months.

  • The purpose of the Severance Tax Note Program is to make funds in the Severance Tax Bonding Fund that are not needed to fund long-term Severance Tax and Supplemental Severance Tax Bonds available for cash funding of capital projects.

  • The Tax Note shall be pre-payable at any time and mature no later than five years from the date any funds were first advanced to the Executive under this Section 8(c).

  • Upon the occurrence of an Event of Default, the outstanding balance of this Tax Note and any accrued but unpaid Interest thereon shall become immediately due and payable at the option of the Payee.

  • Withholding Tax [Note: If the Territory Agreement is between UCI Italia and an Italian supplier, this withholding tax clause can be removed.


More Definitions of Tax Note

Tax Note means the promissory note in the form attached hereto as Exhibit A-3, required, pursuant to Section 3.2(a)(2) hereof, to be executed and delivered by WVM in favor of Bonxxxxx xx or before April 16, 2001, evidencing his obligations in connection with the Tax Loan.
Tax Note means a promissory note, with terms substantially set forth on Exhibit P, issued by Reorganized C&A Corporation delivered to a Holder of an Allowed Priority Tax Claim providing for equal cash payments, made semi-annually, commencing six months after the Effective Date and concluding six years after the date of assessment of the tax that is the subject of the relevant Allowed Priority Tax Claim.
Tax Note means a note to be issued by Newco in the amount of an Allowed Priority Tax Claim payable over a period of six years from the date of assessment, bearing interest at the applicable statutory interest rate commencing on the Effective Date.
Tax Note. The inclusion of the Paid-UP Additions Rider, the Four Year Term Rider, or the First-to-Die Rider may cause this policy to be considered a modified endowment contract (MEC) for federal income tax purposes. If so, amounts you receive, including loans proceeds, will be subject to federal income tax to the extent of any gain in your policy. Taxable amounts are also generally subject to a 10 percent additional tax unless you are at least age 59 1/2 when such amounts are received. Please consult your tax or legal advisor for possible tax implications.
Tax Note. Any Changes in the Owner, Joint Owner or Payee could have tax consequences. The Owner should consult a tax advisor before any changes are requested. The Company is not responsible for the tax consequences of any ownership or payee 03017N
Tax Note. Any Changes in the Owner, Joint Owner or Payee could have tax consequences. The Owner should consult a tax advisor before any changes are requested. The Company is not responsible for the tax consequences of any ownership or payee changes. 03017N 7 Most changes the Owner makes will be legally binding on the Company and take effect after the Company receives the Owner's Written request. If the Owner makes an ownership, Beneficiary or Payee change, the change will take effect as of the date the Owner signs the change document. The Company is not liable, however, for any payment the Company makes or other action it takes before receiving the Owner's Written request or change document.
Tax Note. The Owner or Joint Owner remains liable for any and all federal tax consequences under this Contract. This includes, but is not limited to income and gift tax consequences for Income Payments made to Payees other than themselves. Unless otherwise directed, the Company will mail all tax forms to the Owner of this Contract. The Company reserves the right to refuse to send tax forms to someone other than the Owner, such as the Annuitant or Payee.