Tax Reduction definition

Tax Reduction shall have the meaning set forth for such term in Section 3.02(b) of this Agreement.

Tax Reduction has the meaning set forth in Section 3.3.

Tax Reduction means any Tax refund (including related interest received from the applicable Governmental Authority) or any Tax credit or deduction that results in a reduction in Taxes paid by Acquiror, the Company Group or any of their respective 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).

• 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.

• If you are in receipt of Housing Benefit and/or Council Tax Reduction from us there is no need for you to apply online, we will use the information we hold to automatically award free school meals (P4 to S6) and/or school clothing grants (P1 to S6) to eligible families.

More Definitions of Tax Reduction

Tax Reduction has the meaning set forth in Section 5.1(c)(ii).

Tax Reduction shall have the meaning set forth in clause 4.3.4.

Tax Reduction means any kind of cash-effective benefit by way of a lower Tax assessment, Tax refund, Tax credit, Tax saving, set-off, increase of losses carried forward or other kind of advantage, including interest thereon (reduced by taxes on such interest) and net of any corresponding Tax increase.

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 has the meaning set forth in Section 7.09.

Tax Reduction has the meaning specified in Section 7.1(a)(vi).

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.