Cash Tax Expense definition

Cash Tax Expense means, for any period for any person, the amount of expense for Federal, state, local and other income taxes of such person and its Consolidated Subsidiaries, determined on a consolidated basis in accordance with GAAP (assuming such person was deemed to be the common parent of an affiliated group (within the meaning of Section 1504 of the Code) of which only such person and its subsidiaries were members), for such period, but excluding deferred income tax expense.
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Cash Tax Expense means, for any period, the amount of expense for ---------------- Federal, state, local and other income taxes of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis in accordance with GAAP (assuming the Borrower was deemed to be the common parent of an affiliated group (within the meaning of Section 1504 of the Code) of which only the Borrower and the Subsidiaries were members), for such period, but excluding deferred income tax expense.
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Cash Tax Expense means, with respect to any Person for the applicable Covenant Computation Period, the amount of such Person’s taxes payable in cash (specifically excluding any deferred taxes) as a result of income earned by such Person during such Covenant Computation Period.
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More Definitions of Cash Tax Expense

Cash Tax Expense means, for any period, total Tax Expense paid ---------------- in cash of the Company and its Subsidiaries for such period all as determined in conformity with GAAP.
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Cash Tax Expense means, for any period, total Tax Expense paid in cash of the Company for such period all as determined in conformity with GAAP.
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Cash Tax Expense means, for any period with respect to a specified Entity, without duplication of amounts, all cash income taxes paid (net of any cash tax refund received) by the specified Entity and its Subsidiaries during that period.
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Cash Tax Expense means, for any period, federal, state, local and foreign income taxes (and franchise taxes in lieu of income taxes) payable in cash for such period.
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Cash Tax Expense means, for any period, the aggregate amount of ---------------- national, federal, state and local income taxes paid by the members of the Reporting Group during such period, other than (i) any such taxes ----- ---- attributable to minority interests in a member of the Reporting Group except to the extent that either the Reporting Group is legally obligated to pay the full amount of such taxes or the holders of such minority interests do not bear their ratable share of such taxes because of a tax sharing arrangement with any member of the Reporting Group and (ii) any such taxes paid during such period in respect of the sale or other disposition of any asset or business of any member of the Reporting Group during such period that is not in the ordinary course of business.
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Cash Tax Expense means, with reference to any period, the aggregate amount of any Taxes (including, without limitation, gaming taxes) paid in cash by Operator or Borrower (including any deductions for interest paid thereon) arising from the operation of the New Card Rooms during such period; provided that any such Tax payment made shall only be a “Cash Tax Expense” to the extent Agent has verified that the amount of the Tax payment calculated by Operator or Borrower as being due has actually been paid in cash by Operator or Borrower, as the case may be. Fortress/NX Xxxxxxxxxx XX Holdings, LLC Credit Agreement
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Related to Cash Tax Expense

  • Tax Expense means, for any period, the tax expense (including federal, state, provincial, local, foreign, franchise, excise and foreign withholding taxes) of the Loan Parties and their Subsidiaries, including any penalties and interest relating to any tax examinations for such period, determined on a consolidated basis in accordance with GAAP.

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal income taxes (including without limitation Texas franchise taxes) paid or due to be paid during such period.

  • Consolidated Tax Expense means, for any period, the tax expense of Borrower and its Subsidiaries, for such period, determined on a consolidated basis in accordance with GAAP.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary, (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • Cash Taxes in respect of any fiscal period means amounts actually paid by the Companies in such fiscal period in respect of income and capital Taxes (whether relating to such fiscal period or any other fiscal period).

  • Consolidated Income Tax Expense means, with respect to any Person for any period, the provision for federal, state, local and foreign income taxes of such Person and its Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with GAAP.

  • Rollback tax rate means the rate that will produce last year’s maintenance and operation tax levy (adjusted) from this year’s values (adjusted) multiplied by 1.08 plus a rate that will produce this year’s debt service from this year’s values (unadjusted) divided by the anticipated tax collection rate.

  • Operating Expense means salaries, wages, cost of maintenance and operation, materials, supplies, insurance, and all other items normally included under recognized accounting practices, but does not include allowances for depreciation in the value of physical property.

  • Consolidated Cash Taxes means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, the aggregate of all taxes, as determined in accordance with GAAP, to the extent the same are paid in cash during such period.

  • Interest Expense means, for any period, the aggregate of the interest expense of Parent and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • Base Tax Year means the property tax levy year used

  • Rent Expense means, as to any Person for any period, the aggregate rent and lease expenses recorded by such Person and its Subsidiaries on a consolidated basis in conformity with GAAP pursuant to any Operating Lease.

  • Consolidated Rent Expense means, with reference to any period, all payments under Operating Leases to the extent deducted in computing Consolidated Net Income, calculated in accordance with GAAP for the Borrower and its Subsidiaries on a consolidated basis for such period.

  • Cash Interest Expense means, for any period, Consolidated Interest Expense for such period, less the sum of (a) interest on any debt paid by the increase in the principal amount of such debt including by issuance of additional debt of such kind, (b) items described in clause (c) or, other than to the extent paid in cash, clause (g) of the definition of “Consolidated Interest Expense” and (c) gross interest income of Borrower and its Subsidiaries for such period.

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Consolidated Depreciation Expense means, for any period, the depreciation expense of Borrower and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Base taxable value means the agreed value specified in a resolution or interlocal agreement under Subsection 17C-1-102(8) from which tax increment will be collected.

  • Property tax increment means the amount obtained by:

  • Annualized Interest Expense means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share of interest expense, with other adjustments as are necessary to exclude the effect of items classified as extraordinary items, in accordance with generally accepted accounting principles, reduced by amortization of debt issuance costs and adjusted to reflect the assumption that (i) any interest expense related to indebtedness incurred since the first day of such four-quarter period is computed as if such indebtedness had been incurred as of the beginning of such period, and (ii) any interest expense related to indebtedness that was repaid or retired since the first day of such four-quarter period is computed as if such indebtedness had been repaid or retired as of the beginning of such period (except that, in making such computation, the amount of interest expense related to indebtedness under any revolving credit facility shall be computed based upon the average daily balance of such indebtedness during such four-quarter period).

  • Anticipated county property tax revenue availability means the

  • Net Interest Expense means, for any period, the total of (a) Interest Expense for such period minus (b) Interest Expense to Affiliates for such period to the extent included in the amount referred to in clause (a) and related to (i) interest payments on debt obligations that are subordinated to the obligations of the Borrower under this Agreement, (ii) interest on Nonrecourse Indebtedness or (iii) Transitional Funding Instrument Interest.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Consolidated Cash Interest Expense means, for any period, the Consolidated Interest Expense excluding any non-cash interest expense of Holdings and its Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Extra Expense means expense or cost incurred (1) to continue the conduct of the Assured’s business,