Effective Tax Liability definition

Effective Tax Liability means the following:
Effective Tax Liability has the meaning given to it in paragraph 2.2 of Part 1 of this Schedule.
Effective Tax Liability shall have the meaning given in paragraph 2 of this part 1;

More Definitions of Effective Tax Liability

Effective Tax Liability means (a) the Non-availability in whole or in part of any Relief which has been taken into account in preparing the Balance Sheet (in which case the value of the Effective Tax Liability shall be the amount of the repayment which is not available if the relevant Relief is a right to repayment of Tax and, in any other case, the amount of Tax which would not have been payable but for the Non-availability of the Relief), and (b) the utilisation or set-off of any Buyer's Tax Relief against any Tax or against income, profits or gains in circumstances where but for such utilisation or set-off an Actual Tax Liability would have arisen in respect of which the Sellers would have been liable to the Buyer under Section 10.9 (in which case the value of the Effective Tax Liability shall be the amount of Tax saved by such utilisation or set-off).
Effective Tax Liability shall have the meaning given in part 1 paragraph 3;
Effective Tax Liability means (a) the unavailability of any Accounts Relief or (b) the set-off against any Tax or against income, profit or gains of any Accounts Relief or any Post-Completion Relief in circumstances where, but for such set-off, an Actual Tax Liability would have arisen for which the Sellers would have been liable to the Purchaser under the Tax Covenant;
Effective Tax Liability means (i) the utilisation or set-off of a ASR Relief, where, but for such utilisation or 570 Aegon Annual Report on Form 20-F 2022 Exhibit 4.4 set-off, an Actual Tax Liability would have arisen for which Aegon would have been liable under Sections 1 (General Tax Indemnity), 2 (Specific Tax Indemnities), [***] of Schedule 14 (Tax Deed), in which case the amount of the Effective Tax Liability shall be deemed to be equal to the amount of Tax for which Aegon would have been liable under those Sections of Schedule 14 (Tax Deed) but for such utilisation or set-off or (ii) any non-availability, in whole or in part, of any Accounts Relief, whereby the amount of the Tax Liability is for these purposes deemed to be equal to: (a) in respect of an Accounts Relief which was not or is not a right to a repayment of or in respect of Tax, the amount of Tax which would have been saved but for the non-availability of any Accounts Relief; and (b) in respect of an Accounts Relief which was or is a right to a repayment of or in respect of Tax, the amount of the repayment which is not available.
Effective Tax Liability means (a) the non-availability in whole or in part of any Accounts Relief, in which case the value of the Effective Tax Liability shall in the case of the non-availability of a right to repayment of Tax shall be the amount of the repayment which is not available and in any other case shall be the amount of Tax which would have been saved but for the non-availability of the Accounts Relief; or (b) the utilisation or set-off in whole or in part of any Buyer's Relief against any Tax or against income, profits or gains in circumstances where but for that utilisation or set-off an Actual Tax Liability would have arisen for which the Buyer would have been able to make a claim under paragraph 2, in which case the value of the Effective Tax Liability shall be the amount of Tax saved by that utilisation or set-off; Event any event, occurrence, transaction, circumstance, act or omission whatsoever including being, or ceasing to be, a member of a group or under the control of any person for the purposes of any Tax, being or ceasing to be resident in any jurisdiction for the purposes of any Tax, the execution of the Share Purchase Agreement and Closing or the death of any person; Post-Locked Box Date Relief any Relief which arises in consequence of or by reference to an Event occurring after the Locked Box Date and not in consequence of or by reference to any Event occurring or deemed for Tax purposes to occur on or before the Locked Box Date; Relief includes any relief, loss, allowance, exemption, set-off, credit, deduction or other relief from any Tax or relevant to the computation of any Tax or any right to repayment of Tax; Tax Liability an Actual Tax Liability or an Effective Tax Liability; Tax Warranties those warranties contained in paragraph 16 of Schedule 2; and unavailability in relation to an amount of a Relief, the reduction, loss, modification, claw-back, counteraction, non-existence disallowance or cancellation of or failure to obtain all or part of that Relief and “unavailable” shall be construed accordingly.
Effective Tax Liability shall have the meaning given in paragraph 3 of Part 1 of this Schedule. EMI Option: an option granted under:
Effective Tax Liability has the meaning given in paragraph 1.1 of Schedule 27 (Tax Matters).