Transaction Tax Claim definition

Transaction Tax Claim means any enquiry, notice, demand, assessment, claim, discussion or other written communication from any Taxing Authority related to any Transaction Tax that is or may be levied against any of the Purchaser Indemnitees or any Indian Investee by any Taxing Authority, including all claims or demands for any deposit, interest, penalty, interim payment, advance payment or issuance of security or bank guarantee for payment of any such claim, regardless of whether such claim or demand arises out of any order, whether interim or final, and regardless of any further right of appeal against such an order, including any claim arising pursuant to any Transaction Tax Proceeding.
Transaction Tax Claim has the meaning set forth in Section 8.3(a).‌‌
Transaction Tax Claim means any claim or demand arising pursuant to any Transaction Tax Proceedings;

Examples of Transaction Tax Claim in a sentence

  • Sample learned rules from our semantic supervised classifier.The rule-based approach was in the middle compared to other i2b2 entries, most of which utilized machine learning.

  • The subjects in the study will already be taking medications as recommended by their primary physician.

  • Privileged and Confidential Project Sapphire Share Purchase Agreement 3.4. The Indemnified Party(ies) at its own expense shall have the right to reasonably request information in respect of any such Transaction Tax Proceeding and/or Transaction Tax Claim.

  • Leadership is a vital leadership function that requires the potential to inspire a set of people towards a common objective.

  • Payment of Transaction Tax Claim 4.1. The Relevant Seller(s) shall, in conjunction with its rights under Paragraph 3.3 above, be entitled to request the Indemnified Parties to seek a stay, injunction or deferral of the payment of any amounts that are required to be paid by the Indemnified Party(ies) in relation to the Transaction Tax Claim.

  • Participation in physical education classes does not constitute a practice.17.12.2MINIMUM PRACTICE REQUIREMENT: Each student is required to complete the minimum number of practices in a specific sport the day before participating in a game.

  • Privileged and Confidential Project Sapphire Share Purchase Agreement shall ensure that it makes all payments for which the Indemnified Party(ies) is liable to pay in connection with the Transaction Tax Claim to the Indemnified Party(ies) at least ten (10) Business Days prior to the relevant due date in order to enable the Indemnified Party(ies) to make such payment by the relevant due date.

  • In a case 22 concluded by the Shanghai Higher Peoples Court in 2013, the plaintiff, a Mr. Qian, signed an Agreement on Patent Exploitation with the defendant, a Technology Co., Ltd., requiring in Item 4 that the defendant“paid to the plain⁃ tiff 1% of the product sales as the patent royalties.

  • Such notice shall include copies of, or the relevant extract of, any Tax Notice or other document received from the Tax Authority or any other Person in respect of any such Transaction Tax Proceeding and/or the Transaction Tax Claim.


More Definitions of Transaction Tax Claim

Transaction Tax Claim has the meaning specified in Section 10.07(a).

Related to Transaction Tax Claim

  • Transaction Tax Deductions means any Tax deductions relating to (i) any pay down or satisfaction of Company Indebtedness or other Indebtedness, (ii) the payment or incurrence of any Transaction Expenses or Transaction Bonus Payments and (iii) any other deductible payments attributable to the Contemplated Transactions economically borne by the Seller. For this purpose, any success-based fees shall be treated as deductible in accordance with Rev. Proc. 2011-29.

  • Transaction Taxes has the meaning set forth in Section 6.01.

  • 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.

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

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

  • Distribution Taxes means any Taxes incurred solely as a result of the failure of the Intended Tax Treatment of the Restructuring, the Contribution or the Distribution.

  • Post-Distribution Tax Period means a Tax period beginning and ending after the Distribution Date.

  • Production Tax Credit or “PTC” means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

  • non-taxable supply means a supply of goods or services or both which is not leviable to tax under this Act or under the Integrated Goods and Services Tax Act;

  • Tax Contest means an audit, review, examination, or any other administrative or judicial proceeding with the purpose or effect of redetermining Taxes (including any administrative or judicial review of any claim for refund).

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • non-taxable territory means the territory which is outside the taxable territory;

  • Pre-Closing Tax Return has the meaning set forth in Section 7.1(a).

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • Transaction Payroll Taxes means the employer portion of any employment or payroll Taxes with respect to any bonuses, severance, option cashouts, Change in Control Payments or other compensatory payments in connection with the transactions contemplated by this Agreement, whether payable by Buyer, the Company or its Subsidiaries.

  • Tax Proceeding has the meaning set forth in Section 5.2(a).

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Income Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Post-Closing Tax Period means any taxable period beginning after the Closing Date and, with respect to any Straddle Period, the portion of such Straddle Period beginning after the Closing Date.

  • U.S. Tax Person A citizen or resident of the United States, a corporation, partnership (except to the extent provided in applicable Treasury regulations) or other entity created or organized in or under the laws of the United States, any State thereof or the District of Columbia, an estate whose income is subject to United States federal income tax regardless of its source, or a trust if a court within the United States is able to exercise primary supervision over the administration of such trust, and one or more such U.S. Tax Persons have the authority to control all substantial decisions of such trust (or, to the extent provided in applicable Treasury regulations, certain trusts in existence as of August 20, 1996 that have elected to be treated as U.S. Tax Persons).

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the liability for Taxes of the Corporation (or the Partnerships, but only with respect to Taxes imposed on the Partnerships and allocable to the Corporation) using the same methods, elections, conventions and similar practices used on the relevant Corporation Return but using the Non-Stepped Up Tax Basis instead of the tax basis reflecting the Basis Adjustments of the Adjusted Assets and excluding any deduction attributable to Imputed Interest.

  • Pre-Closing Tax Returns has the meaning specified in Section 8.04(a).

  • Transaction Deductions means the sum of all items of loss or deduction for U.S. federal income tax purposes resulting from or attributable to (a) the payment of legal, financial advisory, accounting and other fees and expenses of the Group Companies (but not of Buyer) in connection with the transactions contemplated hereby, including the Seller Transaction Expenses and (b) any other payment contemplated by this Agreement that is in the nature of compensation for U.S. federal income tax purposes.

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