Tax Offset definition

Tax Offset is defined in Section 10.5(c).

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Tax Offset has the meaning set forth in Section 5.02(d)(ii).

Tax Offset has the meaning set forth in Section 9.4(g).

Examples of Tax Offset in a sentence

• Any amounts withheld or paid with respect to a Member pursuant to Section 10.5(a) or (b) shall be offset against any distributions to which such Member is entitled concurrently with such withholding or payment (a “Tax Offset”); provided that the amount of any distribution subject to a Tax Offset shall be treated as having been distributed to such Member pursuant to Section 6.1 or Section 11.3(c)(iii) at the time such Tax Offset is made.

• Tax Offset (which results in a reduction of the chargeable percentage).

• Any amounts withheld or paid with respect to a Member pursuant to Section 9.5(a) or Section 9.5(b) (other than the payment of Company Level Taxes) shall be offset against any distributions to which such Member is entitled concurrently with such withholding or payment (a “Tax Offset”); provided that the amount of any distribution subject to a Tax Offset shall be treated as having been distributed to such Member pursuant to Section 5.1 or Section 10.2(b)(iii) at the time such Tax Offset is made.

• Any amounts withheld or paid with respect to a Member pursuant to Section 9.6(a) or Section 9.6(b) (other than the payment of Company Level Taxes) shall be offset against any distributions to which such Member is entitled concurrently with such withholding or payment (a “Tax Offset”); provided that the amount of any distribution subject to a Tax Offset shall be treated as having been distributed to such Member pursuant to Section 5.1 or Section 10.2(b)(iii) at the time such Tax Offset is made.

• Any amounts withheld or paid with respect to a Member pursuant to Section 10.5(a) or (b) shall be offset against any distributions to which such Member is entitled concurrently with such withholding or payment (a “Tax Offset”); provided that the amount of any distribution subject to a Tax Offset shall be treated as having been distributed to such Member pursuant to Section 6.1 or Section 11.3(b)(iii) at the time such Tax Offset is made.

• Any amounts withheld or paid with respect to a Member pursuant to Section 9.5(a) or (b) shall be offset against any distributions to which such Member is entitled concurrently with such withholding or payment (a “Tax Offset”); provided that the amount of any distribution subject to a Tax Offset shall be treated as having been distributed to such Member pursuant to Section 5.1 or Section 10.3(b)(ii) at the time such Tax Offset is made.

• Refer to Ministerial Compensation 101 for an explanation of the payment in lieu of FICA (or Self-Employment Tax Offset): ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/leadership/library/ministerial-compensation.

• No suspension, modification or amendment of this Agreement may, without the consent of the Associate, adversely affect the rights of the Associate with respect to the Options or Tax Offset Payments granted pursuant to this Agreement.

• Each of the obligations of Buyer to be performed by it, at or before the Closing Date, pursuant to the terms of this Agreement, shall have been duly performed in all material respects at or before the Closing Date, and, at the Closing Date, Buyer shall have delivered to Parent a certificate to such effect, signed by a duly authorized officer thereof.

• Any amounts withheld or paid with respect to a Member pursuant to Section 10.5(a) or (b) shall be offset against any distributions to which such Member is entitled concurrently with such withholding or payment (a “Tax Offset”); provided that the amount of any distribution subject to a Tax Offset shall be treated as having been distributed to such Member pursuant to Section 6.1, Section 6.2(a)(ii) or Section 11.3(b)(iii) at the time such Tax Offset is made.

More Definitions of Tax Offset

Tax Offset means the interception of an individual’s personal State income tax refund to be applied to a debt with CCS. (Offeror(s) will not receive commission on any funds collected through the tax offset program. Any tax offset payment must be processed as an adjustment with a corresponding proportionate decrease in commission as directed by CCS and will not be considered a payment collected by Offeror(s)).

Tax Offset has the meaning set forth in Section 10.5.B(1). In addition, the definition of “Partner” is hereby deleted in its entirety and replaced in full as follows:

Tax Offset is defined in Section 6.1(h).

Tax Offset means an amount not less than $153,432.21, or such higher amount as agreed to by the Debtor and Santa Barbara, or as ordered by the Bankruptcy Court, representing tax refunds due to the Debtor by Santa Barbara. B. Other Terms. The words "herein," "hereof," "hereto," "hereunder," and others of similar import refer to the Plan as a whole and not to any particular section, subsection, or clause contained in the Plan. A term used herein that is not defined herein shall have the meaning ascribed to that term, if any, in the Bankruptcy Code or Bankruptcy Rules and shall be construed in accordance with the rules of construction thereunder. C. Plan Documents Supplement. Forms of certain documents referred to herein are contained in a separate Plan Documents Supplement, as amended, which is on file with the Clerk of the Bankruptcy Court. The Plan Documents Supplement may be inspected in the office of the Clerk of the Bankruptcy Court during normal court hours. Holders of Claims or Equity Interests may obtain a copy of the Plan Documents Supplement or excerpts therefrom upon written request to the Debtor. D. Exhibits. All exhibits to the Plan and all documents contained in the Plan Documents Supplement are incorporated into and are a part of the Plan as if set forth in full herein.