2007 Federal Tax Refund definition

2007 Federal Tax Refund means the Debtors’ federal tax refund of approximately$207.3 million attributable to the carryback of net operating losses from the tax year 2007, which is an asset of TOUSA.
Sample 1Sample 2Sample 3
2007 Federal Tax Refund means the Debtors’ federal tax refund of approximately
Sample 1Sample 2Sample 3
2007 Federal Tax Refund means the Debtors’ Federal Tax Refund of approximately$207,000,000.
Sample 1

Examples of 2007 Federal Tax Refund in a sentence

  • The Committee Complaint additionally sought, among other things, (1) to recover payments already made on the Prepetition Secured Indebtedness, (2) in the alternative, to recover the proceeds of the Prepetition Secured Indebtedness, and (3) to set aside as a preferential transfer the grant of a security interest in a tax refund of more than $200 million (the "2007 Federal Tax Refund").

  • The value of each Plan Debtor for all purposes associated with the Plan, including distributions under the Plan, has been determined by the Proponents, based on, among other things, the Models, the Mediation Settlement, the D&O Insurance Coverage Settlement, the proceeds of Liquidation Trust Causes of Action, the Cash of each Plan Debtor, the 2007 Federal Tax Refund, the 2008 Federal Tax Refund, the RVA, Intercompany Notes and an analysis of the Plan Debtors’ books and records.

  • The Committee Complaint additionally seeks, among other things, (1) to recover payments already made on the Prepetition Secured Indebtedness, (2) in the alternative, to recover the proceeds of the Prepetition Secured Indebtedness, and (3) to set aside as a preferential transfer the grant of a security interest in a tax refund of more than $200 million (the "2007 Federal Tax Refund").

  • But it is clear that the task of secu- rity sector reform, even if politicians grasp the nettle, will not be straightforward.

Related to 2007 Federal Tax Refund

  • Federal Tax Certificate means the Issuer's Federal Tax Certificate dated as of the Issue Date, as the same may be amended or supplemented in accordance with the provisions thereof.

  • Consolidated federal taxable income means the consolidated taxable income of an affiliated group of corporations, as computed for the purposes of filing a consolidated federal income tax return, before consideration of net operating losses or special deductions. "Consolidated federal taxable income" does not include income or loss of an incumbent local exchange carrier that is excluded from the affiliated group under division (A)(1) of this section.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Tax Refund means a refund of Taxes previously paid and any overpayment interest within the meaning of Section 6611 of the Code or any similar provision under applicable Tax Law (whether paid by way of a refund or credited against any liability for related Taxes).

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • 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.

  • closing agreement as described in Section 7121 of the Code (or any corresponding or similar provision of state, local or foreign income Tax law) executed on or prior to the Closing Date; (iii) installment sale or open transaction disposition made on or prior to the Closing Date; or (iv) prepaid amount received on or prior to the Closing Date;

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.