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The Lump definition

The Lump. Sum Tax Benefit Amount shall be calculated by projecting future Tax Benefits using all relevant data, business plans, engineering and geological studies, tax rates and other provisions of the tax law in effect (and giving effect to any changes thereto for the Taxable Periods such changes are scheduled to become effective) and by assuming that each of Xxxxxxx and other members of the Buyer Group has income or gain in all relevant Taxable Periods in excess of all available depreciation, amortization, losses and other deductions, thereby maximizing the Tax Benefits for each such Taxable Period. In determining the present value of the future projected Tax Benefits amount, (i) the projected Tax Benefits for all Taxable Periods ending on or before the fourth anniversary of the Lump Sum Record Date shall be discounted using the short-term applicable federal rate (compounding annually) effective on the Lump Sum Payment Date as published by the Internal Revenue Service under Section 1274(d) of the Code, (ii) the projected Tax Benefits for all Taxable Periods ending after the fourth anniversary and on or before the tenth anniversary of the Lump Sum Record Date shall be discounted using the mid-term applicable federal rate (compounding annually) effective on the Lump Sum Payment Date as published by the Internal Revenue Service under Section 1274(d) of the Code, and (iii) the projected Tax Benefits for all Taxable Periods ending after the tenth anniversary of the Lump Sum Record Date shall be discounted using the long-term applicable federal rate (compounding annually) effective on the Lump Sum Payment Date as published by the Internal Revenue Service under Section 1274(d) of the Code. For purposes of computing the discounted Tax Benefits for each Taxable Period, such Tax Benefits shall be assumed to be earned ratably throughout the year and shall be discounted to the Lump Sum Payment Date. Buyer, Xxxxxxx and Xxxxxxx Subs' payment of the Lump Sum Tax Benefit Amount pursuant to this Section 8.6 shall relieve the obligation of Buyer, Xxxxxxx and other members of the Buyer Group to make Tax Benefit payments with respect to Taxable Periods ending after the Lump Sum Record Date under Sections 8.1 and 8.2 hereof but shall not affect any other aspect of this Agreement.

Examples of The Lump in a sentence

  • Measurement and Payment The Lump Sum payment shall be made upon the approval of the Engineer that the Clearance has been satisfactorily carried out.

  • Measurement and Payment The Lump Sum payment will be made upon approval by the Engineer that the Clearance has been satisfactorily carried out.

  • The Lump Sum price for Temporary Traffic Control will include the work of four (4) flaggers per operation per map being utilized at the same time on any day.

  • The Lump Sum price for Temporary Traffic Control will include the work of 4 flaggers per operation per map being utilized at the same time on any day.

  • The Lump Sum amount includes compensation for Consultant’s services and the services of Consultant’s Consultants, if any for the agreed upon Scope of Work.

  • The Lump Sum Price shall become the Contract Price for full and final completion of the Project in accordance with the Contract Documents.

  • Measurement and Payment The Lump Sum payment shall be made upon the approval of the Engineer that the Clearance has been satisfactorily carried out.01-40-006 Traffic Control The Contractor shall provide warning signs, fences, barriers, detours, which shall be properly positioned well in advance so that all traffic is well and safely accommodated for the duration of the Works.

  • The Lump Sum and the benefits provided hereunder shall be subject to Section 10 hereof.

  • The Lump Sum includes compensation for Engineer’s services and services of Engineer’s Consultants, if any.

  • The Lump sum amount quoted is inclusive of all charges whatsoever.

Related to The Lump

  • the Independent Living Fund (2006) means the Trust of that name established by a deed dated 10th April 2006 and made between the Secretary of State for Work and Pensions of the one part and Margaret Rosemary Cooper, Michael Beresford Boyall and Marie Theresa Martin of the other part;

  • Access Compensation is the compensation paid by one Party to the other Party for the origination/termination of intraLATA toll calls to/from its End User. Access compensation is in accordance with the LEC’s tariffed access rates.

  • Yard, Front means a Yard extending across the full width of the Lot between the front Lot Line of the Lot and the nearest part of the main Building on the Lot.

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Working With Children Check or WWCC means the process in place pursuant to Relevant Legislation to screen an individual for fitness to work with Children.

  • Retainer means the annual cash retainer and the additional cash retainer for committee chairs payable to a Director as established from time to time by the Board of Directors; provided, however, that the term “Retainer” shall not include that portion of the annual cash retainer as to which a right exists to make an election under, or for which a prior election is in effect under, the Terms and Conditions Regarding the Grant of Options in Lieu of Cash Directors Fees to Non-Employee Directors Under 2011 Equity Incentive Plan of Manpower Inc. (the “Option Terms”) or the Procedures Governing the Grant of Options to Non-Employee Directors Under the 1994 Executive Stock Option and Restricted Stock Plan of Manpower Inc. (the “Option Procedures”).

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Reasonable compensation means, with respect to a regularly employed officer or employee of any person, compensation that is consistent with the normal compensation for such officer or employee for work that is not furnished to, not funded by, or not furnished in cooperation with the Federal Government.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Working face means that portion of a sanitary landfill facility where solid wastes are unloaded for final deposition.

  • Annual Fees means the annual fees determined by the Council in terms of section 27;

  • Earnable compensation means the full rate of the

  • Stipend means a teaching fellowship stipend distributed to

  • Directors Fees means the annual fees paid by any Employer, including retainer fees and meetings fees, as compensation for serving on the board of directors.

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • PHARMACY ALLOWANCE means the lower of:

  • Entrance fee means money paid in a lump sum or installments or property transferred pursuant to a continuing care agreement before initiation of continuing care for 1 or more individuals and that confers the right to the continuing care.

  • Umbrella Cash Account means (a) a cash account designated in a particular currency opened

  • Public Benefits means the provision of benefits to the community by the Developer in the form and at the times specified in Schedule 3.

  • main phase employment and support allowance means an employment and support allowance where the calculation of the amount payable in respect of the applicant includes a component under section 2(1)(b) or 4(2)(b) of the Welfare Reform Act 2007 except in Part 1 of Schedule 1;

  • Annual Fee has the meaning stated in Section 4.02(a).

  • flat means a separate and self-contained premises constructed or adapted for use for residential purposes and forming part of a building from some other part of which it is divided horizontally.

  • Annual Membership Fee shall have the meaning specified in the Credit Card Agreement applicable to each Account for annual membership fees or similar terms.

  • Utility Allowance means a monthly allowance, as provided by the local public housing authority or as otherwise allowed by HUD rules and the GLO rules, for utilities and services (excluding telephone services) to be paid by the tenant.

  • converted employment and support allowance means an employment and support allowance which is not income-related and to which a person is entitled as a result of a conversion decision within the meaning of the Employment and Support Allowance (Existing Awards) Regulations 2008;

  • Retainer Fee means a fee charged by a retainer health care