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

• Any amounts deposited into a Tax Reserve Account in respect of Notes held by a Non-Permitted Tax Holder will be treated for all purposes under the Indenture as if such amounts had been paid directly to the Holder of such Notes.

• The Bonds shall also be secured by amounts available, if any, in the Tax Reserve Fund, pursuant to Chapter 424.

• Except as otherwise provided herein, the Issuer is under no obligation to provide money to the Trustee except from amounts in the Tax Reserve Fund that have been deposited in the Tax Reserve Fund pursuant to the terms of Chapter 424.

• Any amounts deposited into a Tax Reserve Account in respect of Securities held by a Non-Permitted Tax Holder will be treated for all purposes under the Indenture as if such amounts had been paid directly to the Holder of such Securities.

• Such Additional Common Fund Bonds may, at the election of the Issuer as provided by Chapter 424, be further secured by the Tax Reserve Fund.

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

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

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

Tax Reserve the aggregate amount of reserves established by Administrative Agent from time to time in its Permitted Discretion in respect of federal and state excise Taxes and sales Taxes that are due and payable by the Borrowers (except if being contested in good faith in appropriate proceedings and for which adequate reserves have been taken in accordance with GAAP and such contest effectively suspends collection of the contested obligation and enforcement of any Lien securing such obligation).