Tax Reserve Amount definition

Tax Reserve Amount shall have the meaning set forth in Section 16.1.

Tax Reserve Amount shall have the meaning set forth in Section 16.1. Tenant shall mean any Person leasing, subleasing or otherwise occupying any portion of the Property or permitted to use any portion of the facilities at the Property, other than the Manager and its employees, agents and assigns.

Tax Reserve Amount means the amount shown as a liability on the Interim Balance Sheet, plus any amounts accrued by the Company pursuant to GAAP for the period from the date of the Interim Balance Sheet through the Closing Date for amounts that may be payable to the Island Territory of Sint Eustatius and the Land Territory of the Netherlands Antilles pursuant to an agreement regarding Taxes to be entered into by the Operating Subsidiaries and their respective Subsidiaries and the Island Territory of Sint Eustatius and the Land Territory of the Netherlands Antilles.

Examples of Tax Reserve Amount in a sentence

• As of the Closing Date, the Monthly Tax Reserve Amount is $0.00, but such amount is subject to adjustment by Lender in accordance with the provisions of Section 3.1 and this Section 16.1. The Monthly Tax Reserve Amount shall be paid by Borrower to Lender on each Payment Date during the continuance of an Event of Default to the extent required to be paid hereunder.

• The Monthly Tax Reserve Amount shall be paid by Borrower to Lender on each Payment Date.

• Major Modification means an alteration not listed in the aircraft, aircraft engine, or propeller specifications (1) that might appreciably affect weight, balance, structural strength, performance, power-plant, operations, flight characteristics, or other qualities affecting airworthiness; or (2) that cannot be done by elementary operations.

• The 360 hectare Marina Bay is the centrepiece of Singapore’s redevelopment, with a unique integration of commercial, residential and entertainment themes all set within a distinctive, vibrant garden-city on the bay.

• As of the Closing Date, the Monthly Tax Reserve Amount is $996,522.60, but such amount is subject to adjustment by Lender in its reasonable discretion upon notice to Borrower.

More Definitions of Tax Reserve Amount

Tax Reserve Amount shall have the meaning provided in Section 6.1.15.

Tax Reserve Amount shall have the meaning set forth in Section 16.1. TENANT shall mean any Person leasing, subleasing or otherwise occupying any portion of the Real Property, other than the Manager and its employees, agents and assigns. THIRD-PARTY MANAGER shall mean CB Xxxxxxx Xxxxx, Inc. THIRD-PARTY MANAGEMENT AGREEMENT shall mean that certain management agreement between Borrower and Third-Party Manager dated the date hereof. THRESHOLD AMOUNT shall mean an amount equal to $5,000,000. TI AND LEASING COSTS shall have the meaning set forth in Section 16.4.

Tax Reserve Amount shall have the meaning set forth in Section 16.1. TAXES shall mean any and all taxes, fees, levies, duties, tariffs, imposts, surcharges and other charges of any kind (together with any and all interest, penalties, additions to tax and additional amounts imposed with respect thereto) imposed by any governmental or taxing authority including, without limitation, (i) taxes or other charges on or with respect to income, franchises, windfall or other profits, gross receipts, property, sales, use, capital stock, payroll, employment, social security, workers' compensation, unemployment compensation or net worth, (ii) taxes or other charges in the nature of excise, withholding, ad valorem, stamp, transfer, value added or gains taxes, license registration and documentation fees, and (iii) customs' duties, tariffs and similar charges.

Tax Reserve Amount shall have the meaning set forth in Section 16.1. TENANT shall mean any Person leasing, subleasing or otherwise occupying any portion of the Property or permitted to use any portion of the facilities at the Property, other than the Manager and its employees, agents and assigns and Persons using facilities pursuant to Membership Agreements.

Tax Reserve Amount means an amount determined by BACC from time to time as anticipated to be equal to the amount Borrower may need to pay to the Internal Revenue Service and/or Social Security Administration on account of the matters set forth on Exhibit 5.18 annexed hereto, said Tax Reserve Amount initially being in the amount of One Million Eight Hundred Forty Thousand Dollars ($1,840,000.00).

Tax Reserve Amount means, as of any date of determination, the aggregate amount reserved (or required to be reserved) in accordance with GAAP for the payment of Specified Tax Liabilities.

Tax Reserve Amount shall have the meaning set forth in Schedule 1.01(c).