Tax Sharing Payments definition

Tax Sharing Payments means those payments received by the Borrower from its Subsidiaries as a result of the Tax Sharing Agreement.
Tax Sharing Payments means payments made by one or more members of the Borrower Group to Affiliates in amounts not exceeding (in the aggregate, for all members of the Borrower Group) the United States federal, state and local income and franchise taxes that would have been payable by the Borrower Group for taxable periods beginning on or after February 4, 1996, if the members of the Borrower Group were not members of consolidated, combined or unitary group with The Limited and its other subsidiaries, taking into consideration all post- February 3, 1996 carry-forwards, deductions and credits that would have been available to the members of the Borrower Group under such circumstances, and provided that such payments are not made in advance of the times that such income and franchise taxes would have been so payable by the members of the Borrower Group; provided that the amount of such payments shall not be
Tax Sharing Payments shall have the meaning assigned to such term in Section 6.13.

Examples of Tax Sharing Payments in a sentence

  • A certified copy of all agreements related to the Permitted Tax Sharing Payments.

  • The balance, if any, of the Estimated Tax Sharing Payments due on or after the date hereof for such Tax year shall be paid to such Parent Entity no later than December 15 of such year.

  • This EIA regime, unlike the South African one, was not mandatory.

  • If the Estimated Tax Sharing Payments paid to UtiliCorp for any taxable year exceed the amount of the liability under the preceding sentence, UtiliCorp shall refund such excess to Aquila within 45 days after completion of the Aquila Pro Forma Return.

  • The balance, if any, of the Estimated Tax Sharing Payments due on or after the Effective Time for such Tax year shall be paid to such Parent Entity no later than December 15 of such year.

  • In addition, such Tax Sharing Payments shall not be restructured or otherwise refinanced with Indebtedness of the Borrower or its Subsidiaries.

  • It was moved and carried that the Law Library continue the process of submitting a proposal that could lead to obtaining a Memorandum of Understanding between the Law Library Board of Trustees and the LVMPD Clark County Detention Center/North Valley Complex regarding library services.

  • Notwithstanding anything to the contrary in this Agreement, any Tax Sharing Payments (as defined in the Hotspot Purchase Agreement) and Tax Sharing Option Payment (as defined in the Hotspot Purchase Agreement) to be paid to the Seller in connection with the Hotspot Acquisition (together the “Tax Sharing Payments”) shall be permitted so long as such payments are made to the Seller in accordance with the terms of Section 9.3 of the Hotspot Purchase Agreement as in effect January 27, 2015.

  • The Estimated Tax Sharing Payments shall be determined by Lockheed Xxxxxx.

  • For each taxable year in which a Combined Consolidated Return is filed, TTC shall make periodic payments ("Estimated Tax Sharing Payments") to Dynatech in such amounts as, and no later than the dates on which, payments of estimated tax would be due from the TTC Consolidated Group under section 6655 of the Code if it were not included in the Combined Consolidated Group.


More Definitions of Tax Sharing Payments

Tax Sharing Payments means all payments required to be made by the Company or DEI pursuant to the Tax Sharing Agreement.
Tax Sharing Payments has the meaning set forth in Exhibit A."
Tax Sharing Payments means, for any period, the aggregate amount of cash payments made by Holdings and the Company to Security Capital pursuant to the Tax Sharing Agreement for tax liabilities for such period.
Tax Sharing Payments are hereby added to Section 1.01 of the Credit Agreement to read in their entirety as follows:
Tax Sharing Payments shall have the meaning specified in the recitals hereto.

Related to Tax Sharing Payments

  • Tax Sharing Arrangement means any written or unwritten agreement or arrangement for the allocation or payment of Tax liabilities or payment for Tax benefits with respect to a consolidated, combined or unitary Tax Return which includes the Company.

  • Tax Sharing Agreement means any existing agreement binding any Person or any of its Subsidiaries that provides for the allocation, apportionment, sharing or assignment of any Tax liability or benefit, or the transfer or assignment of income, revenues, receipts, or gains for the purpose of determining any Person’s Tax liability, other than agreements entered into in the ordinary course of business that do not have as a principal purpose addressing Tax matters.

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • Tax Sharing Agreements means all existing agreements or arrangements (whether or not written) binding the Company or any of its Subsidiaries that provide for the allocation, apportionment, sharing or assignment of any Tax liability or benefit, or the transfer or assignment of income, revenues, receipts, or gains for the purpose of determining any Person’s Tax liability.

  • Closing Payment has the meaning set forth in Section 2.2.

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Termination Payments has the meaning specified in Section 10(a).

  • Tax Allocations means the allocations set forth in paragraph 4 of Exhibit B.

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • recurring payments “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • Closing Payment Amount has the meaning specified in Section 1.5.

  • Total After-Tax Payments means the total of all “parachute payments” (as that term is defined in Section 280G(b)(2) of the Code) made to or for the benefit of the Executive (whether made hereunder or otherwise), after reduction for all applicable federal taxes (including, without limitation, the tax described in Section 4999 of the Code).

  • Tax roll means a permanent record of the taxes charged on property, as extended

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Termination Payment has the meaning set forth in Section 6.03.

  • Termination Year means the calendar year in which the Employment Period is terminated.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • After-Tax Contributions means amounts withheld from an Employee’s Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • Tax Distribution Amount means, with respect to a Member’s Units, whichever of the following applies with respect to the applicable Tax Distribution, in each case in amount not less than zero:

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Tax Benefit Payment is defined in Section 3.1(b) of this Agreement.

  • Tax Indemnity means the deed of covenant against taxation, in the Agreed Terms, to be entered into on the Closing Date between the Seller and the Purchaser;

  • Tax Refunds means refunds of any Cash paid by the Participating CCAA Parties on account of Taxes, refunded to such Participating CCAA Parties from time to time by the applicable Taxing Authorities;