DCB Taxes definition

DCB Taxes has the meaning given to the term in Section 3.7(e) of this Agreement.
DCB Taxes means all taxes, however denominated, including any interest, penalties or other additions to tax that may become payable in respect thereof, imposed by any federal, territorial, state, local or foreign government or any agency or political subdivision of any such government, which taxes shall include, without limiting the generality of the foregoing, all income or profits taxes (including, but not limited to, federal income taxes and state income taxes), real property gains taxes, payroll and employee withholding taxes, unemployment insurance taxes, social security taxes, sales and use taxes, ad valorem taxes, excise taxes, franchise taxes, gross receipts taxes, business license taxes, occupation taxes, real and personal property taxes, stamp taxes, environmental taxes, transfer taxes, and other obligations of the same or of a similar nature to any of the foregoing, which any of the DCB Companies is required to pay, withhold or collect. As used in this Agreement, the term “DCB Returns” shall mean all reports, estimates, declarations of estimated tax, information statements and returns relating to, or required to be filed in connection with, any DCB Taxes, including information returns or reports with respect to backup withholding and other payments to third parties.

Examples of DCB Taxes in a sentence

  • As used in this Agreement, the term “DCB Returns” shall mean all reports, estimates, declarations of estimated tax, information statements and returns relating to, or required to be filed in connection with, any DCB Taxes, including information returns or reports with respect to backup withholding and other payments to third parties.

  • There are no Liens on any of the assets of the DCB Companies with respect to DCB Taxes, other than Liens for DCB Taxes not yet due and payable.

  • All DCB Taxes shown to be due and payable on the DCB Returns or on subsequent assessments with respect thereto have been paid in full or adequate reserves have been established in the DCB Financials for the payment of such DCB Taxes, except where any such failure to pay or establish adequate reserves, in the aggregate, has not had, and is not reasonably likely to have, a Material Adverse Effect on the DCB Companies.

  • Each of the DCB Companies has timely withheld and paid over all DCB Taxes required to have been withheld and paid over by it, and complied with all information reporting and backup withholding requirements, including maintenance of required records with respect thereto, in connection with amounts paid or owing to any employee, creditor, independent contractor or other third party.

  • No waiver or extension of any statute of limitations relating to DCB Taxes is in effect with respect to the DCB Companies.

  • Except as disclosed on DCB Disclosure Schedule 3.7(b), none of the DCB Companies is a party to any action or proceeding for assessment or collection of DCB Taxes, nor have such events been asserted or, to the Knowledge of DCB, threatened against any of the DCB Companies or any of their assets.