Tax Reduction definition

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

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Tax Reduction has the meaning set forth in Section 3.2.

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 Company agrees that notwithstanding such waiver, if it receives any Tax Reduction for any portion of the investment in the Project for which a Special Source Credit is taken, the amount of the Special Source Credit that the Company is otherwise eligible to receive shall be reduced by the amount of the Tax Reduction for the portion of the investment in the Project for which a Special Source Credit is taken.

• The Company hereby waives the right, if any, to receive any Tax Reduction for any portion of the investment in the Project for which a Special Source Credit is taken.

• PART 1 The Department will: o provide reasonable support to the Council in the development and implementation of local service provision, Following Universal Support – delivered locally (previously Local Support Services Framework) principles; o provide timely and relevant guidance and products to inform delivery of local service provision; o provide timely data to support the Local Council Tax Reduction Scheme.

• This will be achieved through: o Providing the necessary resource to undertake this activity; o Manually inputting agreed data into the Council’s systems; o Responding to the Department’s queries around Local Council Tax Reduction Scheme; o Providing the necessary Management Information.

• Property Tax Reduction Program shall constitute default under this Contract.

More Definitions of Tax Reduction

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

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 means, with respect to any subsequent TAX Year, the amount, if any, by which the TAX for the TAX Base Year exceeds the TAX for the subsequent TAX Year.

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 has the meaning set forth in Section 10.6(c).