Current Tax Liabilities definition

Current Tax Liabilities means, as of any date, all obligations and liabilities of any Company Group Member which would be required to be included in the line item “Current income taxes and other tax liabilities” on a consolidated balance sheet of the Company as of such date prepared in accordance with GAAP and pursuant to the practices and methodologies used to prepare the Financial Statements.
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Current Tax Liabilities shall have the meaning set forth in the definition of “Closing Liabilities.”
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Current Tax Liabilities the meaning given in Schedule 4; DBC: in respect of a brand, the amount in pounds sterling of direct brand contribution as calculated in accordance with Part 1 of Schedule 5; DBC Adjustment: the amount calculated as such in accordance with Clause 3.9.1;
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Examples of Current Tax Liabilities in a sentence

  • The Seller Indemnifiable Tax Warranties shall survive until the date that is 36 months after the Completion Date, provided, for the avoidance of doubt, neither the Parent nor the Seller shall be liable for breach of such warranties with respect to any Losses in respect of Current Tax Liabilities used to determine clause (a) of the Aggregate Current Tax Liability Payment.

  • For the avoidance of doubt, in all circumstances receivables, payables, Current Tax Assets and Current Tax Liabilities falling due in more than one year shall also be included in the calculation of Spirits and Wine Working Capital.

  • The Merck Member shall have an entitlement (the “Merck Section 14.19 Entitlement”) equal to the amount, if any, by which the Merck Accrued Current Tax Liabilities exceed the aggregate of all Merck Pre-Closing Taxes actually paid by the Merial Venture on or prior to the date on which the Net Special Dividend in respect of the year 1998 is calculated.

  • The RP Member shall have an entitlement (the “RP Section 14.19 Entitlement”) equal to the amount, if any, by which the RM Accrued Current Tax Liabilities exceed the aggregate of all RM Pre-Closing Taxes actually paid by the Merial Venture on or prior to the date on which the Net Special Dividend in respect of the year 1998 is calculated.

  • For the avoidance of doubt, in all circumstances receivables, payables, Current Tax Assets and Current Tax Liabilities falling due in more than one year shall also be included in the calculation of Spirits and Wines Working Capital.


More Definitions of Current Tax Liabilities

Current Tax Liabilities means the liability of the Company for Taxes (other than income Taxes) incurred in the ordinary course of the Company’s operations, with respect to current Tax periods, determined (including a determination as to type and amount) in a manner consistent with the Company’s past practice.
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Current Tax Liabilities means liabilities for current (and not deferred) unpaid non-income Taxes.
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