Excess Amount definition
Excess Amount has the meaning set forth in Section 13.
Excess Amount shall have the meaning assigned to such term in Section 2.10(h).
Excess Amount. The excess of the Participant's Annual Additions for the Limitation Year over the Maximum Permissible Amount.
Examples of Excess Amount in a sentence
To the extent the aggregate Net Tax Benefit for a Taxable Year is limited as a result of the foregoing sentence (such excess, the “Excess Amount”), then the amount of the Net Tax Benefit that is Attributable to the TRA Parties for that Taxable Year shall be reduced by such Excess Amount in such a manner that best effectuates the applicable principles set forth in Section 2.3(b) and in the good faith discretion of PubCo.
More Definitions of Excess Amount
Excess Amount has the meaning set forth in Section 9.02.
Excess Amount has the meaning specified in Section 2.03(b) hereof.
Excess Amount means the excess of the Participant's "annual additions" for the Limitation Year over the "maximum permissible amount."
Excess Amount has the meaning set forth in Section 6.02(c).
Excess Amount means the amount by which such payment exceeds the amount that would have been received by a Note Holder or the Trustee if the Owner Trustee (in its individual capacity) or the Owner Participant had not become subject to the recourse liability referred to in clause (ii) above. Nothing contained in this Section 2.03(b) shall prevent a Note Holder or the Mortgagee from enforcing any personal recourse obligation (and retaining the proceeds thereof) of the Owner Trustee (in its individual capacity) or the Owner Participant under the Participation Agreement, the Lease or this Trust Indenture (and any exhibits or annexes hereto or thereto) or from retaining any amount paid by Owner Participant under Section 2.13 or 4.03 hereof.
Excess Amount shall have the meaning set forth in Section 11(a)(iii) hereof.
Excess Amount has the meaning set forth in Section 4(b).