Tax Refund definition

Tax Refund means a refund of Taxes previously paid and any overpayment interest within the meaning of Section 6611 of the Code or any similar provision under applicable Tax Law (whether paid by way of a refund or credited against any liability for related Taxes).

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Tax Refund has the meaning set out in Section 7.5.

Tax Refund means any Tax refund, or credit in lieu thereof.

Examples of Tax Refund in a sentence

• The amounts paid under this Agreement shall be redetermined, and additional payments relating to such redetermination shall be made, as appropriate, if as a result of an Adjustment Request or for any other reason (x) additional Taxes to which such determination relates are subsequently paid, (y) a Tax Refund or a Tax Benefit relating to such Taxes is received or realized, or (z) the amount or character of any Tax Item is adjusted or redetermined.

• If a member of the Company Group receives a Tax Refund with respect to Taxes for which SpinCo is liable hereunder, the Company shall promptly notify SpinCo and provide a Payment Notice to SpinCo setting forth the amount of such Tax Refund, net of any reasonable out-of-pocket costs and expenses incurred by the Company Group and any Taxes thereon, which the Company shall pay to SpinCo in accordance with Section 14.11(a).

• Except as provided in the immediately preceding sentence, and subject to the limitations in Section 3.06, the Company shall be entitled to any Tax Refund (and any interest thereon received from the applicable Tax Authority) with respect to Taxes for which the Company is liable hereunder, and SpinCo shall be entitled to any Tax Refund (and any interest thereon received from the applicable Tax Authority) with respect to Taxes for which SpinCo is liable hereunder.

• If a member of the SpinCo Group receives a Tax Refund with respect to Taxes for which the Company is liable hereunder, SpinCo shall promptly notify the Company and provide a Payment Notice to the Company setting forth the amount of such Tax Refund, net of any reasonable out-of-pocket costs and expenses incurred by the SpinCo Group and any Taxes thereon, which SpinCo shall pay to the Company in accordance with Section 14.11(a).

• For the avoidance of doubt, and notwithstanding anything to the contrary herein, Production Incentives shall not be treated as a Tax Attribute, Tax Benefit, Tax Item or Tax Refund for purposes of this Agreement.

More Definitions of Tax Refund

Tax Refund means any repayment of any Tax, received in cash or by way of set-off with any other Tax liability.

Tax Refund means a refund of Taxes (including a reduction in Taxes as a result of the utilization of any credit or any offset against Taxes or Tax Items) reduced (but not below zero) by any net increase in Taxes Actually Realized by the recipient (or its Affiliate) thereof as a result of the receipt thereof.

Tax Refund has the meaning set out in Section 5.4.

Tax Refund means a refund of Taxes as the result of a Final Determination.

Tax Refund means any refund of Taxes, whether by payment, credit, offset, reduction in Tax or otherwise, plus any interest or other amounts received or payable with respect to such refund.

Tax Refund means a rebate, refund or repayment in respect of Tax;

Tax Refund has the meaning set forth in Section 3.9.