Income Tax Liability definition
Income Tax Liability means any Liability of Seller or its Affiliates attributable to any federal, state or local income Tax measured by or imposed on the net income, profits, revenue or similar measure that was or is attributable to (a) RTP’s ownership of the RTP Assets or (b) EAOC’s ownership of the EAOC Assets.
Income Tax Liability means any Liability of SM Energy or any of its Affiliates attributable to any federal, state or local income Tax measured by or imposed on the income of SM Energy or any of its Affiliates that was or is attributable to SM Energy’s or any of its Affiliates’ ownership of an interest in or the operation of the Assets.
Income Tax Liability means any income tax in respect of PAYE income for the purposes of section 683 Taxes Act (or the equivalent in any jurisdiction outside England & Wales).
Examples of Income Tax Liability in a sentence
The unpaid Income Taxes of the Company and Holdings for all taxable periods (or portions thereof) ending on or before the Closing Date will not exceed the Income Tax Liability Accrual.
More Definitions of Income Tax Liability
Income Tax Liability means the net amount of Income Taxes due and paid or payable for any Taxable Period, determined after applying all income tax credits and all applicable carrybacks or carryovers permitted hereunder for net operating losses, net capital losses, unused general business tax credits, or any other Income Tax Items arising from a prior or subsequent Taxable Period, and all other relevant adjustments; and shall include without limitation the net amount due and paid or payable for alternative minimum tax imposed under Code section 55 or similar alternative or add-on minimum taxes.
Income Tax Liability means any Liability of SM Energy or any of its Affiliates attributable to any federal, state or local income Tax measured by or imposed on the net income of SM Energy or any of its Affiliates that was or is attributable to SM Energy’s or any of its Affiliates’ ownership of an interest in or the operation of the Assets.
Income Tax Liability means any liability for Income Taxes.
Income Tax Liability means any Liability of EXCO or any of its Affiliates attributable to any federal, state or local income Tax measured by or imposed on the net income of EXCO or any of its Affiliates for any period or portion thereof ending on or before the Closing Date.
Income Tax Liability means, with respect to any jurisdiction, an amount equal to the liability for Income Taxes of the Acquired Companies unpaid as of the Closing Date that are first due after the Closing Date with respect to such jurisdiction computed for each Pre-Closing Tax Period.
Income Tax Liability means any liability for federal, state, local or foreign income, business and occupation or similar taxes, and any interest, fines or penalties relating thereto, owing by any FAST Operating Entity to any Governmental Authority attributable to the operations and activities of the FAST Operating Entities for any period ending on or prior to the Closing Date, including, without limitation, taxes, and any interest, fines or penalties relating thereto, for a partial year ending on the Closing Date, which shall be calculated on the assumption that the books are closed on the Closing Date and that taxes are due on the Closing Date;
Income Tax Liability means, with respect to any jurisdiction where a Standalone Tax Return is filed, an amount equal to the liability for Income Taxes of the Company and each of its Subsidiaries accrued (whether or not such accrual is required under GAAP and ignoring for the purposes of any such accrual the fact that the obligation to pay such Income Taxes may not arise until after the Closing Date) and unpaid as of the Closing Date that are first due after the Closing Date with respect to such jurisdiction computed for each Pre-Closing Tax Period.