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.

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Tax Sharing Payments shall have the meaning assigned to such term in Section 6.13.

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

Examples of Tax Sharing Payments in a sentence

Such Tax Sharing Payments shall not be subject to a Lien or any other encumbrance.
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.
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.
A certified copy of all agreements related to the Permitted Tax Sharing Payments.
Any provision related to the Tax Sharing Payments in the Purchase Agreement shall not be amended, waived or otherwise modified in a manner that is adverse to the Lenders.
Not later than 30 days after the Pro Forma Tax Return is delivered, the Company shall pay to AT&T, or AT&T shall pay to the Company, as appropriate, an amount equal to the difference, if any, between the Company Group Tax Sharing Liability and the aggregate amount of Estimated Tax Sharing Payments made by the Company with respect to the relevant AT&T Group Return (such payment, a “True-Up Tax Sharing Payment”).
Tax Sharing Payments shall be made by payment to (or from, as applicable) the Member that is the common parent (or whose direct or indirect owner is the common parent) of the relevant Tax Group, or, at the request of such Member in the case of a positive Tax Sharing Amount, by direct payment to the relevant Tax authority or to the common parent of the Tax Group.
The balance, if any, of the Estimated Tax Sharing Payments due for a taxable year shall be paid to Dynatech no later than June 15 of the following year.

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 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 has the meaning set forth in Exhibit A."

Tax Sharing Payments shall have the meaning specified in the recitals hereto.

Tax Sharing Payments are hereby added to Section 1.01 of the Credit Agreement to read in their entirety as follows: