Tax Receivables definition

Tax Receivables has the meaning set out in Section 1.1.6(c);

Tax Receivables means any Tax refunds from any Government Entity or investment tax credits, including input taxes receivable, sales taxes receivable, scientific research and experimental development (SRED) credits, and income tax refunds or overpayments, which have accrued and are due and receivable as of the Closing Date (assuming the filing of applicable Tax Returns prior to, on or following the Closing Date).

Tax Receivables. The aggregate of all of the “Tax Receivables”, as defined in the Purchase Agreements, sold by the Taxing Agencies to the Authority pursuant to the Purchase Agreements, constituting in the aggregate 100% of the amounts of taxes, penalties and accrued interest set forth on the Tax Receivables Schedule.

Examples of Tax Receivables in a sentence

• This Agreement together with the LLC Agreement and the Tax Receivables Agreement (a) constitutes the entire agreement and supersedes all other prior agreements, both written and oral, among the parties with respect to the subject matter hereof and (b) is not intended to confer upon any Person, other than the parties hereto and their Permitted Transferees, any rights or remedies hereunder.

• The collected Tax Receivables shall be matched against the applicable Tax Expense to which they relate.

• In determining the materiality of the outcome of a Tax Contest under this clause (vi), Brighthouse’s harm shall be measured by the amount of any cash paid and the present value of any lost Tax Attributes, computed using a discount rate equal to the Early Termination Rate (as defined in the Tax Receivables Agreement).

• Poindexter, Lizabethann Rogovoy & Susan Wachter, Selling Municipal Property Tax Receivables: Economics, Privatization, and Public Policy in an Era of Urban Distress, 30 Conn.

• The Tax Receivables Agreement shall be treated as part of this Agreement as described in Section 761(c) of the Code, and Sections 1.704-1(b)(2)(ii)(h) and 1.761-1(c) of the Treasury Regulations with respect to payments to a Member with respect to an Exchange (as defined in the Tax Receivables Agreement) by such Member.

More Definitions of Tax Receivables

Tax Receivables means all federal, state, local, municipal and other tax refunds or rebates of any kind, whether from a Governmental Authority in the United States or outside of the United States.

Tax Receivables means certain excess Taxes that were paid by Ally Credit Canada Limited and GMAC Leaseco Corporation prior to Closing in an amount equal to $318,503,727, as more particularly set out in Section 1.01(e) of Parent’s Disclosure Letter, that are expected to be refunded by the relevant Government Authority post-Closing. The Tax Receivables are comprised of the following three tranches: (i) Tax Receivables – Tranche 1, in the amount of $48,058,014 in respect of taxation years ending December 31, 2008 or earlier; (ii) Tax Receivables – Tranche 2, in the amount of $88,540,994 in respect of the taxation years ending January 15, 2009 and December 31, 2009; and (iii) Tax Receivables – Tranche 3, in the amount of $181,904,719 in respect of the taxation year ending December 31, 2010. Notwithstanding the foregoing, if any portion of the Tax Receivables is refunded prior to the Closing by the relevant Government Authority then the amount of Tax Receivables, and the relevant tranche of Tax Receivables, shall be correspondingly reduced by the amount refunded.

Tax Receivables means those delinquent real property taxes of the Metropolitan Government on Related Properties that are authorized to be sold in accordance with T.C.A. § 67-5-2012 for tax year 2011 as are shown on the Report.

Tax Receivables means all amounts that, as at the Time of Closing, are payable to the Vendor by, or receivable by it from, any Governmental Entity in respect of Taxes, and all rights thereto, including all refunds, reimbursements, overpayments or other amounts, with respect to the taxation years ended December 31, 2017 and 2016 as well as the period beginning on January 1, 2018 and ending on the Closing Date, including, without limitation, other federal and provincial refundable tax credits under the ITA and the Taxation Act (Québec), and the GST and QST refunds under the QSTA, the ETA or otherwise deriving from any other Governmental Entity;

Tax Receivables has the meaning given to the term "Receivables" in the Tax Assignment Deed;

Tax Receivables means all prepayments, credits, refunds, causes of action, rights of recovery, rights of set off, and rights of recoupment with respect to the Taxes of Saco, arising as a result of or relating to the ownership or operation of the Business, including without limitations refundable and non-refundable research and development tax credits.

Tax Receivables means the entitlement to any and all refunds of Taxes paid by each Seller or its Affiliates with respect to periods prior to the Closing, including, but not limited to, any such refund attributable to the employee retention credit under Section 2301 of the CARES Act.