Add Back definition

Add Back means the percentage of claimed credit that is added back to a qualified taxpayer’s tax liability during the Compliance Period in the event the qualified taxpayer either (x) sells or transfers their interest in the historic resource or (y) has their certificate of completed rehabilitation revoked.
View Source
Add Back has the meaning set forth in subclause (a)(v) of the definition of “Consolidated Operating Cash Flow”.
View Source
Add Back means an amount equal to (i) with respect to the measurement period ending March 31, 2007, $9,529,442, (ii) with respect to the measurement period ending June 30, 2007, $6,816,368, (iii) with respect to the measurement period ending September 30, 2007, $3,603,238, (iv) with respect to the measurement period ending December 31, 2007, $835,000, and (v) with respect to any measurement period ending thereafter, $0.
View Source

Examples of Add Back in a sentence

  • Add Back: Disallowed related party transactions, if any, to the extent the charge is in excess of an unrelated third-party charge for the same service or product.

  • Borrower shall, maintain a ratio of Operating Cash Flow for the preceding four fiscal quarters plus the applicable Permitted Add Back as provided below to Total Debt Service at the end of each fiscal quarter of not less than 1.25 to 1.00.

  • PER CUSTOMER BANK USE ONLY FEDERAL GOVERNMENT A/R $0 $0 FOREIGN ACCOUNTS $0 $0 CONTRA ACCOUNTS $0 $0 AFFILIATE ACCOUNTS $0 $0 25% RULE $0 $0 CONCENTRATIONS $0 $0 OLD CREDITS (Add Back as a +) $0 $0 PRE-BILLED/ADVANCED BILLED $0 $0 PROGRESS BILLED $0 $0 OVER 120 + DAYS FROM INVOICE $0 $0 OTHER (SPECIFY) $0 $0 INELIGIBLE GRAND TOTAL $0 $0 Line five (5) of the Report of AR and Inventory contains a formula to transfer the Ineligible Grand Total.

  • For purposes of this subsection (f), "Operating Earnings" shall mean (i) Earnings Before Taxes before provisions for interest income and expense, gain or loss on investments (and marketable securities), gain or loss on businesses sold and before write-up or write-down of assets plus (ii) any Add Back Expenses.

  • The definition of “EBITDA” set forth in Section 1.1 of the Credit Agreement is hereby amended by inserting the clause “plus, solely for determining EBITDA for the Computation Periods ending December 31, 2005 and March 31, 2006, research and development expenditures during such Computation Periods in an amount not to exceed $3,000,000” immediately following the phrase “the Decatur Add Back and the Refinancing Expense Add Back”.

  • Borrower shall, maintain a ratio of Operating Cash Flow plus the applicable Permitted Add Back as provided below to Total Debt Service at the end of each fiscal quarter of not less than 1.25 to 1.00.

Related to Add Back

  • Cash Back and “Cash Credit” means cash rewards benefit issued by the provider/bank for eligible applications or transactions.

  • Piggy-Back Registration. At any time after 180 days from the date hereof that all of the Shares may not be resold by the Holder pursuant to an exemption from registration under the Securities Act upon exercise on a cashless basis and unless all of the Ordinary Shares underlying the Purchase Warrant (collectively, the “Registrable Securities”) are included in an effective registration statement with a current prospectus, the Holder shall have the right, until the Expiration Date, or the maximum time allowable under FINRA Rule 5110(g)(8), whichever is the earlier, to include the remaining Registrable Securities as part of any other registration of securities filed by the Company (other than in connection with a transaction contemplated by Rule 145 promulgated under the Act or pursuant to Forms S-8, F-3, F-4 or any equivalent forms); provided, however, that if, solely in connection with any primary underwritten public offering for the account of the Company, the managing underwriter(s) thereof shall, in its reasonable discretion, impose a limitation on the number of Registrable Securities which may be included in the registration statement because, in such underwriter(s)’ judgment, marketing or other factors dictate such limitation is necessary to facilitate public distribution, then the Company shall be obligated to include in such registration statement only such limited portion of the Registrable Securities with respect to which the Holder requested inclusion hereunder as the underwriter shall reasonably permit; and further provided that no such piggy-back rights shall exist for so long as the Registrable Securities (which term shall include those paid as consideration pursuant to the cashless exercise provisions of this Purchase Warrant) may be sold pursuant to Rule 144 of the Act without restriction. Any exclusion of Registrable Securities shall be made pro rata among the Holders seeking to include Registrable Securities in proportion to the number of Registrable Securities sought to be included by such Holders; provided, however, that the Company shall not exclude any Registrable Securities unless the Company has first excluded all outstanding securities, the holders of which are not entitled to inclusion of such securities in such registration statement or are not entitled to pro rata inclusion with the Registrable Securities. In the event of such a proposed registration, the Company shall furnish the then Holders of outstanding Registrable Securities with not less than fifteen (15) days written notice prior to the proposed date of filing of such registration statement. Such notice to the Holders shall continue to be given for each registration statement filed by the Company until such time as all of the Registrable Securities have been sold by the Holder. The Holders of the Registrable Securities shall exercise the “piggy-back” rights provided for herein by giving written notice, within seven (7) days of the receipt of the Company’s notice of its intention to file a registration statement. Except as otherwise provided in this Purchase Warrant, there shall be no limit on the number of times the Holder may request registration under this Section 4.1.

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.

  • Distribution Reinvestment Plan means the distribution reinvestment plan of the Company approved by the Board and as set forth in the Prospectus.

  • CREFC® Payment Posting Instructions Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Payment Posting Instructions Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.