Taxable Date definition

Taxable Date means the date on which interest on the Bonds is first includable in gross income of an Owner (including, without limitation, any previous Owner) thereof as a result of a Determination of Taxability.

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Taxable Date means the date on which interest on the Note is first includable in gross income of the Lender thereof as a result of an Event of Taxability as such date is established pursuant to a Determination of Taxability.

Taxable Date means the date on which interest on any Tax-Exempt Loan is first includable in gross income of any holder thereof (including the Lender) as a result of an Event of Taxability as such a date is established pursuant to a Determination of Taxability.

Examples of Taxable Date in a sentence

• Such shares will be sold on the Taxable Date or as soon thereafter as practicable.

• If so elected in the sole discretion of the Committee, then in lieu of a market sale pursuant to Paragraph 10(b)(i) you authorize the Company to withhold from the Shares issuable to you the whole number of shares with a value equal to the Fair Market Value of the Shares on the Taxable Date or the first trading day before the Taxable Date, sufficient to satisfy the applicable Tax Withholding Obligation.

• If this “sell to cover” method of payment is permitted (and elected) or required, the applicable shares of Common Stock will be sold on the Taxable Date or as soon thereafter as practicable.

• In lieu of a separate election on each Taxable Date, the Grantee may file a blanket election with the Committee which shall govern all future Taxable Dates until revoked by the Grantee.

• If so elected in the sole discretion of the Administrator, then in lieu of a market sale pursuant to Paragraph 9(b)(i) you authorize the Company to withhold from the Shares issuable to you the whole number of shares with a value equal to the Fair Market Value of the Shares on the Taxable Date or the first trading day before the Taxable Date, sufficient to satisfy the applicable Tax Withholding Obligation.

More Definitions of Taxable Date

Taxable Date means the date on which interest on the Bonds is first includable in gross income of the Bondholder (including, without limitation, any previous Bondholder) thereof as a result of an Event of Taxability as such a date is established pursuant to a Determination of Taxability.

Taxable Date means, with respect to a Loan, the date as of which interest on such Loan is first includible in gross income of the recipient thereof (or any assignee or Participant thereof) as a result of an Event of Taxability as such a date is established pursuant to a Tax Event.

Taxable Date means the date on which interest on any Loan or Note is first includable in the gross income of any holder thereof (including, without limitation, the Lender) as a result of an Event of Taxability as such date is established pursuant to a Determination of Taxability.

Taxable Date means the date on which the interest component of any Rental Payment is first includable in gross income of any holder thereof as a result of an Event of Taxability as such a date is established pursuant to a Determination of Taxability.

Taxable Date means the date on which interest on the Series 2016A Bonds is first includable in gross income of the recipient thereof as a result of a Determination of Taxability.

Taxable Date means the date on which interest on the Series 2019A Bonds or the Series 2019A Credit Facility Bonds is first includable in gross income of the Lender (including, without limitation, any Holder or previous Holder) thereof as a result of an Event of Taxability as such a date is established pursuant to a Determination of Taxability.

Taxable Date means the date as of which interest on any Tax-Exempt Notes is first includable in the gross income of the Holders (including, without limitation, any previous Holders) thereof as a result of an Event of Taxability as such date is established pursuant to a Determination of Taxability.