Estimated Tax Increase definition

Estimated Tax Increase means an increase in the Company’s Tax liability which would reasonably be expected to occur solely as a result of the Company’s loss of Tax benefits due to a Failed 338(h)(10) Election and will be measured by computing the present value (determined by using a discount rate of 13%) of the tax detriment to Parent determined by applying the marginal blended federal and state income tax rate for the year in which the Closing occurs applicable to the Parent (and it subsidiaries taken as a whole) to the lost amortization and/or depreciation deductions of Parent.
Sample 1

Examples of Estimated Tax Increase in a sentence

  • Estimated Tax Increase Increment Grant Amount$Difference [ A - (B+C+D+E+F+G+H) ]$Applicant’s Share of Financing$STATUTORY DECLARATION (registered owner) I, , of the Municipality of Sioux Lookout, Province of Ontario DO SOLEMNLY DECLARE that:1.

  • Both of these systems were used to collect muon data in order to examine possible DAq related systematic errors.

  • Results may vary, but it always works if you prefer when you can’t wait any longer to play.

  • Upon the Allocation Schedule becoming final, the Buyer shall pay the amount of the Estimated Tax Increase Adjustment, and deposit in escrow the Estimated Tax Acceleration Amount that is shown to be due.

  • On behalf of the TOA and MOCA, the Management Board shall have the exclusive right to manage the facility and property each year in the manner it deems best, provided that it operates within the annual budget and management plans as herein described and approved by the Municipal Units.

  • The OCAS algorithm is based on approximating the original convex loss function of an SVM by a piecewise linear function defined as the maximum over a set of linear under-estimators called cutting planes.

Related to Estimated Tax Increase

  • Estimated taxes means the amount that the taxpayer reasonably estimates to be the taxpayer's tax liability for a municipal corporation's income tax for the current taxable year.

  • Tax Increase means that portion of the annual real estate taxes assessed against the Premises (or the Entire Premise, if applicable), as calculated immediately following the Reassessment, that is attributable solely to the Reassessment. Accordingly, a Tax Increase shall not include any portion of the real estate taxes, as calculated immediately following the Reassessment, that is:

  • 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.

  • Property tax increment means the amount obtained by:

  • Tax Increment means the difference between:

  • Base Taxes means the Taxes payable for the Base Tax Year.

  • Recovered tax increment value means, except as otherwise

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Consolidated Taxes means, with respect to any Person for any period, the provision for taxes based on income, profits or capital, including, without limitation, state, franchise, property and similar taxes, foreign withholding taxes (including penalties and interest related to such taxes or arising from tax examinations) and any Tax Distributions taken into account in calculating Consolidated Net Income.

  • Base Tax Year means the property tax levy year used

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following:

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Insurance Cost Increase shall not, however, include any premium increases resulting from the nature of the occupancy of any other lessee of the Building. If the parties insert a dollar amount in Paragraph 1.9, such amount shall be considered the "BASE PREMIUM." If a dollar amount has not been inserted in Paragraph 1.9 and if the Building has been previously occupied during the twelve (12) month period immediately preceding the Commencement Date, the "Base Premium" shall be the annual premium applicable to such twelve (12) month period. If the Building was not fully occupied during such twelve (12) month period, the "Base Premium" shall be the lowest annual premium reasonably obtainable for the Required Insurance as of the Commencement Date, assuming the most nominal use possible of the Building. In no event, however, shall Lessee be responsible for any portion of the premium cost attributable to liability insurance coverage in excess of $1,000,000 procured under Paragraph 8.2(b).

  • Related Taxes means, without duplication (including, for the avoidance of doubt, without duplication of any amounts paid pursuant to any Tax Sharing Agreement):

  • Tax Increment District or "district" means that area to which the tax increment finance plan pertains.

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • 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.

  • Available Tax Increment means the Gross Tax Increment received by the City from Hennepin County during the period preceding each semi-annual Payment Date, less (i) the amount of tax increment, if any, which the City must pay to the school district, the county and the state pursuant to Minnesota Statutes, Sections 469.177, Subds. 9 and 11; 469.176, Subd. 4h; and 469.175, Subd. 1a, as the same may be amended from time to time, (ii) actual administrative costs of the City in an amount not to exceed 10% of Gross Tax Increment.

  • Estimated Working Capital Adjustment shall have the meaning set forth in Section 2.2(b).

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • 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.

  • Project Expenses means usual and customary operating and financial costs. The term does not include extraordinary capital expenses, development fees and other non-operating expenses.

  • Maximum Special Tax means the maximum Special Tax, determined in accordance with Section C below, that can be levied in any Fiscal Year on any Assessor’s Parcel.

  • 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).