Tax Reduction definition

Tax Reduction shall have the meaning set forth for such term in Section 3.02(b) of this Agreement.
Tax Reduction shall have the meaning provided in SECTION 3.2(c).
Tax Reduction means any Tax refund (including related interest received from the applicable Governmental Entity) or any Tax credit or deduction that results in an actual reduction in cash Taxes actually paid by Buyer, the Company, any of their Subsidiaries, or any of their Affiliates.

Examples of Tax Reduction in a sentence

  • The prospective contract is subject to the requirements of the County’s Defaulted Property Tax Reduction Program (“Defaulted Tax Program”) (Los Angeles County Code, Chapter 2.206).

  • Failure of Contractor to maintain compliance with the requirements set forth in Paragraph 8.51 "Warranty of Compliance with County’s Defaulted Property Tax Reduction Program” shall constitute default under this contract.

  • The scheme in respect of pension age applicants is defined by Central Government within the Council Tax Reduction Schemes (Prescribed Requirements) (England) Regulations 2012 and the Local Government Finance Act 1992 (as amended).

  • Subject to paragraph (2), the amendments made to paragraph 19 of this scheme by regulation 2(3)(a) of SI 2016 1262 The Council Tax Reduction Schemes (Prescribed Requirements) (England) (Amendment) Regulations 2016, shall not apply in respect of a person who is temporarily absent from Great Britain on 1st April 2017 until the day that person returns to Great Britain, in such cases paragraph 19 of the 2016/17 Council Tax Reduction Scheme shall apply instead.

  • The rates for pensioners will be up-rated by the relevant Statutory Instrument each year in line with the Council Tax Reduction Schemes (Prescribed Requirements) (England) (Amendment) Regulations as applicable.


More Definitions of Tax Reduction

Tax Reduction has the meaning set forth in Section 5.1(c)(ii).
Tax Reduction means any Tax refund (including related interest received from the applicable Governmental Entity) or any reduction in Taxes paid by Acquirer, the Company or any of their respective Affiliates.
Tax Reduction shall have the meaning set forth in clause 4.3.4.
Tax Reduction has the meaning specified in Section 8.1(a)(vi)(A).
Tax Reduction shall have the meaning set forth for such term in Section 3.02(b) of this Agreement. “Threshold Date” shall have the meaning set forth for such term in the recitals of this Agreement. “Total Housing Units” means the total number of housing units within the Project, including Workforce/Affordable Housing Units and market rate units.
Tax Reduction means a reduction in the amount of taxes payable on a property from the amount calculated using the commercial tax rate to the amount calculated using the residential tax rate.
Tax Reduction means, with respect to any taxable period, the excess (if any) of (i) the income Taxes that Buyer, Blocker, the Company and