Payment Portion definition
Payment Portion means, in effect, that portion of any arrangement payment, as the Commissioner considers is attributable to the cost of, or other capital expenditure on, eligible property. The term is relevant for determining, in accordance with section 159GK, the amount of arrangement payments to be included in a taxpayer's assessable income.'
Payment Portion means, as of any date on or after the Closing Date of the sale of any of the Parcels described in Exhibits "▇-▇ ", "▇-▇" ▇▇ "▇-▇" to the Master Lease and the Improvements thereon, the total of the Appraised Value of all such Properties sold divided by $14,680,000."