Permitted Deduction definition

Permitted Deduction shall have the meaning set forth in Section 1.76 hereof.

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Permitted Deduction is defined in Section 1.78.1.

Permitted Deduction shall have the meaning set forth in Section 2.04(a)(i).

Examples of Permitted Deduction in a sentence

• Manager may pay the costs associated with such actions out of the Operating Account as an Expense and Permitted Deduction.

• Any payment pursuant to this Section 13.1 shall be treated as an Expense and Permitted Deduction to the extent that the basis of the Claim with respect to which the payment is made is an expense that would qualify as such under the definition of “Expenses and Permitted Deductions” set forth herein.

• For the avoidance of doubt, the aggregate cost of the Company’s indemnification obligations under this Section 4.6(b) shall constitute a Permitted Deduction.

• In addition, the Reimbursable Expenses of both categories of such employees will be charged to the Hotel as an Expense and Permitted Deduction.

• The Company shall not appropriate for itself any Trust Financial Assets save in accordance with, and to the extent of, its rights to make a Permitted Deduction or receive Net Distributions pursuant to the Common Terms or pursuant to Clause 12.

More Definitions of Permitted Deduction

Permitted Deduction has the meaning set forth in the definition of “Net Sales.”

Permitted Deduction means the sum of, without duplication, the following costs or expenses:

Permitted Deduction means an amount equal to the aggregate of:

Permitted Deduction means, in respect of a Day, a volume (not exceeding the Aggregate Booked Capacity) equal to the sum of the following volumes:

Permitted Deduction means an amount equal to the aggregate of: (a) any amount payable to Skyscanner for the purposes of receiving Option Sale Shares or Conditional Subscription Shares which are to be transferred to Ctrip under the Offer, including any amounts payable on the exercise of a Holder’s Option or right to acquire Conditional Subscription Shares; and (b) income tax, social security contributions or any other tax or charge which is a Holder’s liability but which Skyscanner (or any member of the Skyscanner Group) is liable to account on behalf of a Holder in connection with the Offer and of any withholding required to be made by law in connection with the Offer, including in relation to the exercise of a Holder’s Option or right to acquire Conditional Subscription Shares;

Permitted Deduction shall have the meaning set forth in subsection 4.1.3.

Permitted Deduction has the meaning set forth in Section ‎1.60.