Tax Reserve definition

Tax Reserve shall have the meaning set forth in Section 4.13(d).

Tax Reserve has the meaning specified in Section 6.05(a).

Tax Reserve has the meaning set forth in Section 2.3(a).

Examples of Tax Reserve in a sentence

• If at any time the Tax Reserve, HOA Reserve, Capital Expenditures Reserve, or Insurance Reserve falls below the respective minimum balance described in this Section 7.3, Required Lenders shall notify Borrower in writing, and Borrower shall have fifteen (15) Business Days to deposit into the respective Reserve an amount sufficient to cause such Reserve to rise above the respective required minimum balance (the “Reserve Cure Deposit”).

• Upon request of Xxxxxxxx, Required Lenders agree to direct Collateral Agent in writing to transfer one or more of the Tax Reserve, the Insurance Reserve, and the Interest Reserve from the Cash Management Account to an account at another Eligible Institution reasonably acceptable to Required Lenders and under the sole dominion and control of Collateral Agent, for the benefit of Lenders, subject to a control agreement satisfactory to Required Lenders (the “Alternate Reserve Account”).

More Definitions of Tax Reserve

Tax Reserve means, as applicable, one or more reserves of Cash for distribution to holders of Allowed Tax Claims to be reserved pending allowance of Disputed Claims in accordance with Article X of the Plan.

Tax Reserve as used in this Agreement, means the reserve as calculated according to the methods and valuation assumptions described in Section 807 of the Internal Revenue Code of 1986 on the portion of the annuities reinsured hereunder The Tax Reserve shall be allocated proportionately between the Coinsurance Reserve defined in Paragraph 1. above and the Modified Coinsurance Reserve defined in Paragraph 2. above. The Reinsurer shall report the portion of the Tax Reserve allocated to the Coinsurance Reserve on its tax returns and the Ceding Company shall report the portion of the Tax Reserve allocated to the Modified Coinsurance Reserve on its tax returns. SCHEDULE C QUARTERLY REPORT OF ACTIVITY AND SETTLEMENTS FROM CEDING COMPANY TO REINSURER Reporting Quarter: Calendar Year: Date Report Completed:

Tax Reserve means the aggregate amount of reserves established by the Agent from time to time in its Permitted Discretion in respect of federal and state excise taxes and sales taxes that will be payable by the Borrowers in connection with sales of Inventory included in the calculation of the Borrowing Base.

Tax Reserve shall have the meaning set forth in Section 5.01(x) hereof.

Tax Reserve has the meaning assigned in Section 3.1(1).

Tax Reserve is the reserve for Impositions established pursuant to Section 5.5.

Tax Reserve means 100% of the amount of any Tax Claim or Final Tax Amount, as applicable.