CSLL definition

CSLL means the Brazilian Social Contribution on Net Profits (Contribuição Social sobre o Lucro Líquido).

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CSLL shall have the meaning ascribed to that term in Section 5.4 hereof

CSLL means the Brazilian Social Contribution on Net Profits (Contribuição Social Sobre o Lucro Líquido). “CVM” means the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários). “Direct Claim” is defined in Section 8.5(c). “Effective Date” is defined in the Preamble. “Employee Plan” means any employment, arrangement, consulting or deferred compensation Contract, executive compensation, bonus, employee pension, profit-sharing, savings, retirement, stock option, stock purchase, severance pay, life, health, disability or accident insurance plan or other employee benefit plan, program or commitment that are sponsored or maintained by an Entity. “Entities” means the Company, NII International and their Subsidiaries. “Escrow Account” means the bank account to be set up by the Escrow Agent after the Effective Date and at least 2 Business Days prior to the Escrow Pay-In Date on the terms of the Escrow Agreement. “Escrow Agent” means DNB Bank ASA (Foretaksregisteret NO 984 851 006). “Escrow Agreement” means the agreement to be entered into on or by the Escrow Pay-In Date between the Escrow Agent, Investor and NII Telecom, in the form attached hereto as Exhibit C. “Escrow Amount” means the Escrow Initial Tranche Amount and the Escrow Second Tranche Amount. “Escrow Initial Tranche Amount” means $28,984,600. “Escrow Initial Tranche Condition” means: 7 (i) completion of the Brazil Tax Election and Luxco Reorganization and delivery to Investor by NII Telecom of evidence of such to the reasonable satisfaction of Investor; and (ii) Investor being satisfied that: a. any restructuring of the equity or debt arrangements of the Company or the Subsidiaries, including the Intercompany Debt (including the transfer of the receivable in respect of the Intercompany Debt), the transfer of shares or interests in the Company or any of its Subsidiaries and the formation or acquisition of any Person as a new Affiliate of any of the Company or the Subsidiaries (including the formation and acquisition of the Company itself); b. the investments to be made in the Company by Investor as contemplated by this Agreement; and c. Investor or any of its Affiliates continuing to be a direct or indirect shareholder in the Company, will not give rise to any Tax arising or being incurred, on a worldwide basis, to or by the Company, any of its Subsidiaries, Investor or any of its Affiliates (including AI Media Holdings LLC and its Affiliates), whether now or in the future, and Investo...

Examples of CSLL in a sentence

• CSLL Fields - Games played at Central Springfield are at Trailside Park (specific fields are referred to as CSLL 1, CSLL 2, etc.), north of Springfield Mall.

• For games scheduled at CSLL Fields, check ▇▇▇▇.▇▇▇ and their Facebook page.

• Paragraph One — The price submitted in the caput of this Clause takes into consideration the suply of the CONTRACTED POWER in the GRAVITY CENTER, including therein: Inspection Fee from ▇▇▇▇▇, PIS (Social Integration Plan)/PASEP (Patrimony Formation Program for the Public Employee, Brazil), COFINS (Contribution for Social Security Financing), IR (Income Tax), CSLL (Social Contribution on Net Profit) and the power losses of the BASIC GRID of the generator’s liability.

• IPTAN and IESVAP are duly registered with ProUni and are entitled to total exemption, therefore, from the following taxes: Social Contribution on Net Income (CSLL), Income Tax (IRPJ), the Social Integration and Formation of Public Servants’ Equity Programs (PIS/PASEP), and Contribution for Social Security Financing (COFINS), and have not breached or violated any rule which could result in the loss of any tax exemptions provided for in such program.

• All taxes in force (PIS, COFINS, ISS, IR, CSLL), as well as labor charges are included in the price established herein.

• In addition, on January 3, 2008, the Brazilian government enacted Provisional Measure No. 413, which increased the CSLL, rate applicable to certain legal entities, including financial institutions, from 9% to 15%, beginning in May 2008.

• Section 1.1502-9(b)(3)) account or consolidated separate limitation loss ("CSLL") (as defined in Treas.

More Definitions of CSLL

CSLL means Centre for Student Life and Learning.