Taxation Claim definition

Taxation Claim means the issue of any notice, demand, assessment, letter or other document by or on behalf of any Taxation Authority, or the imposition (or any document referring to the possible imposition) of any withholding of or on account of Taxation, or the delivery of a return, from which it appears that a Taxation Liability will be imposed on the Company;
Taxation Claim includes any assessment, notice, demand or other documents issued or action taken by or on behalf of any statutory or governmental authority whatsoever in Hong Kong or Switzerland or any other part of the world from which it appears that the Companies or any of them are liable or is sought to be made liable for any payment of any form of Taxation or to be deprived of any Relief would, but for the Taxation Claim, have been available to the Companies or any of them.
Taxation Claim includes, without limitation, any claim, counterclaim, assessment, notice, demand or other documents issued or action taken by or on behalf of the tax authorities in the PRC or in any other part of the world or any other revenue, customs, fiscal, statutory or governmental authority whatsoever or official in the PRC or in any other part of the world whereby AACL is liable or is sought to be made liable for any payment of any Taxation or may be required to make an actual or suffer a deemed payment of Taxation or is denied or sought to be denied or is deprived of any Relief or is subject to any reduction, modification, cancellation or deprivation of any Relief which Relief would, but for the claim, have been available to AACL;

Examples of Taxation Claim in a sentence

  • If the Purchaser shall become aware of any Relevant Taxation Claim which is likely to give rise to a liability on the Vendor hereunder, the Purchaser shall, by way of covenant but not as a condition precedent to the liability of the Vendor hereunder, give notice thereof or procure that notice thereof is given as soon as reasonably practicable to the Vendor in accordance with clause 9.

  • In the event of any of the Companies becoming aware of any Taxation Claim, the Company or the relevant Companies shall by way of covenant, but not as a condition precedent to the liability of the Indemnifier hereunder, give or procure that notice thereof is as soon as reasonably practicable given to the Indemnifier in the manner provided in Clause 10.


More Definitions of Taxation Claim

Taxation Claim includes any assessment, notice, demand or other documents issued or action taken by or on behalf of the Tax Bureau of the PRC or any other statutory or governmental authority whatsoever in Hong Kong, in PRC or any other part of the world (if relevant) from which it appears that the Purchaser and the Company or any of them are liable or are sought to be made liable for any payment of any form of Taxation or to be deprived of any Relief or right to repayment of any form of Taxation which Relief or right to repayment would but for the Taxation Claim have been available to the Company; and
Taxation Claim bears the meaning given to it in the Tax Deed of Indemnity;
Taxation Claim includes any claim, counterclaim, assessment, notice, demand or other documents issued or action taken by or on behalf of the Inland Revenue Department or any equivalent authority of Hong Kong, the PRC, the Xxxxxx Xxxxxxx, Xxxxx or any other statutory or governmental authority whatsoever in Hong Kong, the PRC, the Cayman Islands, Macau or any other part of the world from which it appears that the Companies or any of them is/are liable or is/are sought to be made liable for any payment of any form of Taxation or to be deprived of any Relief, which Relief would, but for the Taxation Claim, have been available to the Companies or any of them; and
Taxation Claim means (A) a claim for taxation against any member of the Sale Group or the Purchaser (but in the latter case only where a claim relates to or is in respect of a member of the Sale Group and, without prejudice to paragraph 1.5(A)(2) below, such claim would be made against such member but in accordance with any legislation of any taxing jurisdiction is made against the Purchaser) whether made before or after the date hereof, whether satisfied or unsatisfied at the date hereof and whether or not the taxation in question is also chargeable against or attributable to any other person, and includes any assessment, notice, demand or other communication from or action taken by any person, authority or body responsible for the assessment, collection or recovery of taxation in any country which claims:- (1) payment of taxation; (2) to deprive such member or the Purchaser of any relief whether arising before or after the date hereof; or (3) to nullify or cancel any right to the repayment of taxation whether arising before or after the date hereof; and which arises from or by reference to any income, profits or gains earned, accrued or received on or before the date of Completion or any event on or before the date of Completion; or (B) a claim for taxation against the Purchaser arising by reference to a payment under paragraph 2.1; or (C) a liability to pay stamp duty (including, interest, fines or penalties in respect thereof) on any document in existence at the date hereof to which any member of the Sale Group is a party.

Related to Taxation Claim

  • Tax Claim has the meaning set forth in Section 6.05.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Administrative Claim means a Claim for costs and expenses of administration of the Chapter 11 Cases pursuant to sections 503(b), 507(a)(2), 507(b), or 1114(e)(2) of the Bankruptcy Code, including: (a) the actual and necessary costs and expenses incurred on or after the Petition Date until and including the Effective Date of preserving the Estates and operating the Debtors’ businesses; (b) Allowed Professional Fee Claims; and (c) all payments afforded administrative expense treatment under the Backstop Agreement.

  • Liability Claim has the meaning set forth in Section 7.2(a).

  • Contested Claim means any Tax, Indebtedness or other claim or liability (i) the validity or amount of which is being diligently contested in good faith, (ii) for which adequate reserve, or other appropriate provision, if any, as required in conformity with GAAP shall have been made, and (iii) with respect to which any right to execute upon or sell any assets of the Company or of any of its Subsidiaries has not matured or has been and continues to be effectively enjoined, superseded or stayed.

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.

  • Allowed Administrative Claim means an Administrative Claim that is an Allowed Claim.

  • Indemnification Claim has the meaning set forth in Section 8.4(a).

  • Administrative Claim Bar Date means the deadline for filing requests for payment of Administrative Claims, which shall be 30 days after the Effective Date.

  • Secured Claim means a Claim: (a) secured by a valid, perfected, and enforceable Lien on collateral to the extent of the value of such collateral, as determined in accordance with section 506(a) of the Bankruptcy Code or (b) subject to a valid right of setoff pursuant to section 553 of the Bankruptcy Code.

  • AWR Claim means any complaint or claim to a tribunal or court made by or on behalf of the Agency Worker against the Hirer and/or the Employment Business for any breach of the AWR;

  • Clean Claim means a claim that:

  • Rejection Claim means a Claim arising from the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code.

  • IPR Claim means any claim of infringement or alleged infringement (including the defence of such infringement or alleged infringement) of any IPR, used to provide the Services or as otherwise provided and/or licensed by the Supplier (or to which the Supplier has provided access) to the Authority in the fulfilment of its obligations under this Framework Agreement;

  • Tax Claims means any Claim against the Participating CCAA Parties (or any one of them) for any Taxes in respect of any taxation year or period ending on or prior to the applicable Filing Date, and in any case where a taxation year or period commences on or prior to the applicable Filing Date, for any Taxes in respect of or attributable to the portion of the taxation period commencing prior to the applicable Filing Date and up to and including the applicable Filing Date. For greater certainty, a Tax Claim shall include, without limitation, (a) any and all Claims of any Taxing Authority in respect of transfer pricing adjustments and any Canadian or non- resident Tax related thereto, and (b) any Claims against any BL/Wabush Released Party in respect of such Taxes;

  • 503(b)(9) Claim means a Claim or any portion thereof entitled to administrative expense priority pursuant to section 503(b)(9) of the Bankruptcy Code.

  • Priority Non-Tax Claim means any Claim other than an Administrative Expense Claim or a Priority Tax Claim, entitled to priority in payment as specified in section 507(a) of the Bankruptcy Code.

  • Insured Claim means any Claim arising from an incident or occurrence alleged to have occurred prior to the Effective Date that is covered under an insurance policy applicable to the Debtors or their businesses.

  • Priority Tax Claim means any Claim of a Governmental Unit of the kind specified in section 507(a)(8) of the Bankruptcy Code.

  • General Administrative Claim means any Administrative Claim, including Cure Claims, other than a Professional Fee Claim.

  • Administrative Claims Bar Date means the deadline for Filing requests for payment of Administrative Claims, which: (a) with respect to Administrative Claims other than Professional Fee Claims, shall be 30 days after the Effective Date; and (b) with respect to Professional Fee Claims, shall be 45 days after the Effective Date.

  • Settled claim means the original tort claim resolved by a structured settlement.

  • Administrative Claims means (i) Claims that have been timely filed before the Administrative Claim Bar Date, pursuant to the deadline and procedure set forth in the Confirmation Order (except as otherwise provided by a separate order of the Bankruptcy Court), for costs and expenses of administration under sections 503(b), 507(b), or 1114(e)(2) of the Bankruptcy Code, including, without limitation: the actual and necessary costs and expenses incurred after the Petition Date of preserving the Estates and operating the businesses of the Debtors (such as wages, salaries, or commissions for services and payments for goods and other services and leased premises), (ii) Twenty Day Claims, and (iii) Claims timely asserted for stub rental payments under the Debtors’ leases. Any fees or charges assessed against the Estates 1 All capitalized terms not otherwise defined herein shall be subject to the definition of such capitalized terms in Article I.A. hereof. under section 1930 of chapter 123 of title 28 of the United States Code are excluded from the definition of Administrative Expense Claim and shall be paid in accordance with Article V.M of the Plan. Notwithstanding anything to the contrary herein, the filing of an Administrative Claim shall not be required in order to receive payment for any tax liability described in sections 503(b)(1)(B) and (C) in accordance with section 503(b)(1)(D) of the Bankruptcy Code.

  • Fee Claim means a Claim for Accrued Professional Compensation.

  • Eligible Claimant means a person who:

  • Priority Claim means a Claim that is entitled to priority in payment pursuant to section 507(a) of the Bankruptcy Code that is not an Administrative Claim or a Priority Tax Claim.