Applicable Deductions definition

Applicable Deductions means all amounts that would be necessary, as determined in the reasonable discretion of the applicable Member, to (i) satisfy all loans, liens and encumbrances affecting the Company and the Company Assets, (ii) pay any costs and expenses associated with any sale or disposition of the Company Assets, including, without limitation, transactional and closing costs such as brokers’ fees, escrow fees and similar expenses.
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Applicable Deductions means (x) during the period from the Closing Date through the end of the second month after the month the Closing occurs, reimbursement to CEMI for all fees and deductions charged to or paid by CEMI in connection therewith (the “Initial Period”); and (y) commencing on the first day of the month following the end of the Initial Period, an amount equal to one and one-half percent (1½ %) of the sales price of such Hydrocarbons plus all midstream fees and deductions charged to or paid by CEMI in connection therewith.
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Applicable Deductions means all Operating Expenses and Third Party Operating Expenses (including Burdens and Asset Taxes allocated to the Issuer pursuant to Section 2.07 of each of the Asset Purchase Agreements) attributable or allocable to the Wellbore Interests or the ownership or operation thereof. Applicable Deductions exclude any Administrative Expenses.
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Examples of Applicable Deductions in a sentence

  • The course also provides vocational training in the fields of soil mechanics, water well drilling and allied fields for a limited number of high school graduates / dropouts to expand their employment opportunities thereby reducing unemployment.

  • You will be eligible to receive an annual discretionary bonus up to 50% of your Base Salary, less all Applicable Deductions.

  • Upon redemption, the Eligible Director shall receive a lump sum payment in cash equal to the number of Deferred Share Units recorded in the Eligible Director’s DSU Account on the date of redemption multiplied by the Market Value of a Share as at the date of redemption less any Applicable Deductions.

  • Li, ―Leakage current suppression for PV cascaded multi-level inverter using GaN devices,‖ in Proc.

  • The electric power bills shall be paid by the Owner, and shall form part of Applicable Deductions but not part of Operator’s Costs; provided, however, that electricity may be added by Owner, at its discretion, into Operator’s Applicable Costs within the first six months of the Term of this Agreement as set out in paragraph 5.2(a)(i) above.

  • The salary and expenses of the Owner’s Representative shall be paid by the Owner and shall form part of Applicable Deductions but not part of Operator’s Costs.

  • Total Applicable Deductions and Losses.—Enter in U.S. dollars the total applicable deductions and losses.

  • In the event of a Portfolio Sale, the Sale Notice shall also include a calculation of the amount that would be distributed to 45 the Cindat Member under this Agreement in the event that the Portfolio Sale was consummated at the Sale Price, taking into account all Applicable Deductions (the “Allocated ROFO Price”).

  • This deduction is calculated as follows: {Family Income minus (-) Applicable Deductions} x .10 = Ten Percent Deduction.

  • The Acquired Assets constitute all of the material assets used by the Seller in the conduct of the Business, except for the Excluded Assets.


More Definitions of Applicable Deductions

Applicable Deductions means any adjustments or modifications to the Royalty Interest made pursuant to Section 5.3.2 of the License Agreement.
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Applicable Deductions shall include, but shall not be limited to, all federal, state or local taxes required to be withheld from amounts paid to Executive pursuant to this Agreement or otherwise due from the Company, including any withholding taxes with respect to the benefits provided or to be provided hereunder, including any benefits pursuant to Section 2(d) and the accommodations furnished under Sections 10(d) and 10(e), and any other amounts that the Company may be legally required to deduct or that Executive has voluntarily elected to have deducted from his earnings.
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Applicable Deductions means the taxes and fees applicable to a Deposit.
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Related to Applicable Deductions

  • Allowable Deductions means the following costs, charges, and expenses incurred or accrued by Payor:

  • Agreed Deductions means any deductions the Agency Worker has agreed can be made from their pay;

  • Transaction Deductions means all Tax deductions available to any Group Company, to the extent permitted by applicable Law, as a result of or in connection with the repayment of Indebtedness, the payment of Group Company Transaction Expenses and payments of amounts that would have been Group Company Transaction Expenses but for the fact that they were paid prior to the Closing, and the payment of any fees or other costs and expenses associated with the transactions contemplated by this Agreement, in each case that are economically borne by Seller.

  • Permitted Deductions means the following deductions to the extent actually deducted by a Selling Entity from the gross invoiced sales price of the Product, or otherwise directly paid or incurred by the Selling Entity with respect to the applicable sale of the Product:

  • Nonrecourse Deductions has the meaning set forth in Section 1.704-2(b)(1) of the Regulations.

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.

  • Nonrecourse Deduction shall have the meaning given such term in Regulations Section 1.704-2(b)(1).

  • Partner Nonrecourse Deductions means any and all items of loss, deduction or expenditure (including any expenditure described in Section 705(a)(2)(B) of the Code) that, in accordance with the principles of Treasury Regulation Section 1.704-2(i), are attributable to a Partner Nonrecourse Debt.

  • Applicable Period See Section 2(b) hereof.

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.

  • Maximum Program Amount means Common Shares with an aggregate Sales Price of the lesser of (a) the number or dollar amount of Common Shares registered under the effective Registration Statement (defined below) pursuant to which the offering is being made, (b) the number of authorized but unissued Common Shares (less Common Shares issuable upon exercise, conversion or exchange of any outstanding securities of the Company or otherwise reserved from the Company’s authorized capital stock), (c) the number or dollar amount of Common Shares permitted to be sold under Form S-3 (including General Instruction I.B.6 thereof, if applicable), or (d) the number or dollar amount of Common Shares for which the Company has filed a Prospectus (defined below).

  • Applicable Amount means, at any time (the “Applicable Amount Reference Time”), an amount equal to (a) the sum, without duplication, of:

  • Member Nonrecourse Deductions has the meaning of “partner nonrecourse deductions” set forth in Treasury Regulations Sections 1.704-2(i)(1) and 1.704-2(i)(2).

  • Adjusted gross proceeds means gross proceeds less cash prizes, cost of

  • Hurdle Amount means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • Applicable Wages means the basic straight time wages for all hours worked, including:

  • Maximum Swingline Amount means $5,000,000.

  • Adjusted Maximum Amount means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty or a Related Guaranty, in each case determined in accordance with the provisions hereof and thereof; provided that, solely for purposes of calculating the “Adjusted Maximum Amount” with respect to any Contributing Guarantor for purposes of this paragraph 2, the assets or liabilities arising by virtue of any rights to or obligations of contribution hereunder or under any similar provision contained in a Related Guaranty shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty and the Related Guaranties (including, without limitation, in respect of this paragraph 2 or any similar provision contained in a Related Guaranty). The amounts payable as contributions hereunder and under similar provisions in the Related Guaranties shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this paragraph 2 or any similar provision contained in a Related Guaranty shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder or under a Related Guaranty. Each Contributing Guarantor under a Related Guaranty is a third party beneficiary to the contribution agreement set forth in this paragraph 2.

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Applicable ABR Margin means, at any date:

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Tariff period means the period for which tariff is to be determined by the Commission on the basis of norms specified under these Regulations;

  • Applicable Date shall have the meaning assigned to such term in Section 9.08(f).

  • Applicable ECF Percentage means, for any fiscal year, (a) 50% if the Total Leverage Ratio as of the last day of such fiscal year is greater than or equal to 6.00 to 1.00, (b) 25% if the Total Leverage Ratio as of the last day of such fiscal year is less than 6.00 to 1.00 but greater than or equal to 5.00 to 1.00 and (c) 0% if the Total Leverage Ratio as of the last day of such fiscal year is less than 5.00 to 1.00.

  • Member Nonrecourse Deduction has the meaning assigned to the term “partner nonrecourse deduction” in Treasury Regulation Section 1.704-2(i)(1).

  • Unused Amount means the Maximum Line reduced by outstanding Revolving Advances. The Borrower agrees to pay to the Lender an unused line fee at the rate of one-half of one percent (0.5%) per annum on the average daily Unused Amount from the date of this Agreement to and including the Termination Date, due and payable monthly in arrears on the first day of the month and on the Termination Date.