We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Tax Settlement definition

Tax Settlement shall have the meaning set forth in Section 6.4(b) of this Agreement.
Sample 1Sample 2Sample 3
Tax Settlement means a settlement between the Issuer and applicable Tax Authorities of disputed tax and penalty amounts for all periods up to and including December 31, 1995.
Sample 1
Tax Settlement means an amount, to be paid prior to February 15 of each year, (a) paid by Borrower to Landec in the amount by which the Quarterly Tax Distributions made during the preceding year are less than the Annual Tax Amount for that Fiscal Year, or (b) paid by Landec to Borrower in the amount by which the Quarterly Tax Distributions made during the preceding Fiscal Year exceeded the Annual Tax Amount for the preceding Fiscal Year.
Sample 1

Examples of Tax Settlement in a sentence

  • A completed Arizona Form NASF-RS, Native American Veterans Income Tax Settlement Fund Claim Residency Statement, is attached.

  • On December 20, 2018 GTH submitted a settlement application to the Tax Settlement Committee to review this case.

  • If the Contractor’s disbursements are less than fifty percent (50%) from public funds they must request and receive a waiver from these audit requirements.

  • The case is pending before Hon’ble Income Tax Settlement Commission.Effect of the said disclosure and tax liability is not given in the books of accounts.

  • She was promoted to the cadre of General Manager on 9th July 2018 and after joining United India Insurance Company Ltd., was deputed to GIC Housing Finance Limited (GICHFL) as Managing Director & CEO and joined GICHFL on 16/07/2018 and was incorporated as member of the Board on 03/08/2018 and continues to hold the position in GICHFL as Managing Director & CEO till date.Shri Vijay Sharma (Independent)67Masters in History, LLB• Member and Vice Chairman- Income Tax Settlement Commission (ITSC) New Delhi.

  • Delivery Service Revenues: Delivery Service Revenues include revenues based upon the rates and charges specified in Section VIII of the Tariff and exclude adjustments to rates and charges such as: the Power Supply Charge, Distributed Energy Resources Cost Recovery Rate, New York State Assessment Factor, Shoreham Property Tax Settlement Factor, Visual Benefits Assessment Rate, Charges to Recovery PILOT Payments, and the Revenue Decoupling Mechanism.

  • The Tax Settlement Agreement, among other things, provided for refunds in the aggregate amount of $36.8 million in respect of the Pending Tax Appeals and the Company's 2017 PILOT Payment.

  • Cox, for the 2019 Tax Settlement for the Kenton County Sheriff ’s tax collections.

  • Any disagreement between the parties will be resolved through the Tax Settlement Procedure.

  • If such a dispute has occurred, then the Federal Tax Settlement Payment shall become payable as provided in Section 3(d)(iv)(D) hereof.


More Definitions of Tax Settlement

Tax Settlement shall have the meaning set forth in Section 10.7.
Sample 1
Tax Settlement is defined in Section 8(b).
Sample 1
Tax Settlement means any of (1) an offer or credible indication or suggestion made by or on behalf of the relevant Governmental Authority, (2) an offer made by the Sellers on behalf of the relevant Acquired Company, subject to the approval of Purchaser, and tentatively accepted or acknowledged by such Governmental Authority, subject to the approval of Purchaser or the relevant Acquired Company, in each case, by virtue of which, through the payment of a certain amount, the Tax claim would be terminated without further liability to the Purchaser or the relevant Acquired Company. If the Purchaser reasonably believes that an Acquired Company would likely suffer adverse effect as the result of the ongoing dispute of a Tax claim (a "Pay-Off Tax Claim") by Sellers, as the Indemnifying Party, Purchaser may request, in writing, that the Sellers provide a letter (a "Tax Claim Pay-Off Letter") setting out the amount (the "Tax Claim Pay-Off Amount") of the Certified Expected Cost (as defined below) of such Pay-Off Tax Claim together with supporting documentation. Sellers shall provide such Tax Claim Pay-Off Letter and payment of the Tax Claim Pay-Off Amount to the Purchaser within 60 days after the Tax Expert (as defined below) is selected and engaged, and Seller and its affiliates and any Seller Indemnifying Parties will be fully released from any obligations and liabilities for or in respect of such Pay-Off Tax Claim and related liabilities, including indemnification for Losses and other obligations under this Agreement in relation thereto, irrespective of the final settlement, compromise or resolution of such Tax claim. If Purchaser, upon final settlement, compromise or resolution of such Pay-Off Tax Claim, pays or is liable for an amount that is less than the Tax Claim Pay-Off Amount, then Purchaser will promptly pay such shortfall to Seller after deducting all out-of-pocket and third party costs and expenses of Purchaser associated with defending such Pay-Off Claim. The "Certified Expected Cost" of a Pay-Off Tax Claim is the amount that Sellers would be reasonably likely to be required to pay to the relevant Governmental Authority to settle the Pay-Off Tax Claim, determined by multiplying (p) the amount the Governmental Authority would reasonably likely be awarded by a court of competent jurisdiction if the Pay-Off Tax Claim were litigated and decided in favor of such Governmental Authority, by (q) the probability (expressed as a percentage) that such Governmental Authority wou...
Sample 1
Tax Settlement means a written agreement by one or more of the Borrowers and the U.S. Internal Revenue Service ("IRS") under which such Borrowers will pay and the IRS will accept payment of the Specified Taxes in substantially equal monthly installments over a period of not less than ten (10) months.
Sample 1
Tax Settlement means and includes the Company's tax debt as a result of a settlement agreement with the IRS following an audit by the IRS, more particularly described in Exhibit B, as well as any tax debt owed or payable by the Company or its subsidiaries, for tax periods after the fiscal year end 1996 as a result of the settlement agreement attached as Exhibit B hereto or any adjustments or agreements made in or as a result of said settlement agreement.
Sample 1
Tax Settlement means a Tax Settlement involving a payment not in excess of NIS 22.5 million.
Sample 1

Related to Tax Settlement

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

  • Net Share Settlement On each Settlement Date, Issuer shall deliver to Dealer a number of Shares equal to the Number of Shares to be Delivered for such Settlement Date to the account specified by Dealer and pay cash to Dealer in lieu of any fractional shares valued at the Relevant Price on the Valuation Date corresponding to such Settlement Date. Number of Shares to be Delivered: In respect of any Exercise Date, subject to the last sentence of Section 9.5 of the Equity Definitions, the product of (i) the number of Warrants exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii)(A) the excess, if any, of the VWAP Price on the Valuation Date occurring on such Exercise Date over the Strike Price, divided by (B) such VWAP Price. The Number of Shares to be Delivered shall be delivered by Issuer to Dealer no later than 4:00 P.M. (local time in New York City) on the relevant Settlement Date.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Individual Settlement Payment means the amount payable from the Net

  • Gross Settlement Amount means $2,300,000 which is the total amount Defendant agrees to pay under the Settlement. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, LWDA PAGA Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, Class Representative Service Payment, and Administration Expenses Payment.

  • Final Settlement Date has the meaning set forth in Section 3.1(e).

  • Termination Settlement Date means, for any Terminated Obligation, the date customary for settlement, substantially in accordance with the then-current market practice in the principal market for such Terminated Obligation (as determined by the Calculation Agent), of the sale of such Terminated Obligation with the trade date for such sale occurring on the related Termination Trade Date.

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Combination Settlement shall have the meaning specified in Section 14.02(a).

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Remarketing Settlement Date means the date of the settlement of any Successful Remarketing, which will be three Business Days after such Remarketing.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Early Settlement has the meaning specified in Section 5.9(a).

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Final Settlement Statement has the meaning set forth in Section 2.6(b).

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Mandatory Settlement Date means the earliest of:

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

Most Referenced Clauses

Most Referenced Definitions