Tax Note definition

Tax Note has the meaning assigned to that term in subsection 4.1F(iv).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

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

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

• 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.

• An Event of Default shall occur hereunder if the Borrower shall fail to repay the balance of this Tax Note and any accrued but unpaid Interest thereon within the applicable time periods set forth in the foregoing Paragraphs 2, 3 and 4 hereof and such failure shall continue for a period of ten days after written notice thereof has been given to the Borrower by the Payee.

• Any accrued but unpaid Interest on the Tax Note shall be due and payable on the date the outstanding principal balance of this Tax Note is due and payable.

• Proceeds of any sale shall be applied first to pay all costs and expenses related to the sale of the Shares, and second, to pay all amounts owed on the Promissory Note and the Tax Note (on a proportional basis) on the date of sale.

More Definitions of Tax Note

Tax Note means a Promissory Note evidencing a Tax Loan made to a Participant by the Company pursuant to the terms of this Program, in the form attached hereto as EXHIBIT 1B.

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. 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 means a note which we may prepare on an annual basis and to be sent to each Contributor detailing the Tasks they have undertaken for all Companies on the Platform during the preceding 12 month period;

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.

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 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 Bon▇▇▇▇▇ ▇▇ or before April 16, 2001, evidencing his obligations in connection with the Tax Loan.