Pre-Effective Date Tax Refund definition

Pre-Effective Date Tax Refund means any Tax Refund relating to the Pre-Effective Date Period irrespective of whether the Tax Refund will be assessed before or after the Closing Date.
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Pre-Effective Date Tax Refund means (i) irrespective of its due date and the assessment date, any Tax refund of the Company attributable to any Pre-Effective Date Tax Period irrespective of whether the Tax refund occurs by way of an actual payment or setting-off against Taxes assessed for taxation periods ending after the Effective Date and (ii) the amount equal to any Tax liability or Tax provision included – also as part of other liabilities, accruals and provisions – in the Financial Statements to the extent that it exceeds the actual Pre-Effective Date Tax charge.
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Pre-Effective Date Tax Refund. (i) shall mean any Tax Refund of a Tax related to the Pre-Effective Date Period and (ii) shall be - if and to the extent attributable to a business/fiscal year starting prior to and ending after the Effective Economic Date - calculated as if the respective business/fiscal year and the tax assessment period cease at the end of the Effective Economic Date.
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Examples of Pre-Effective Date Tax Refund in a sentence

  • The Sellers are entitled to appoint a certified accounting firm at their own expense - to confirm the amount of the Pre-Effective Date Tax Refund or excess referred to in Section 8.2b).

  • The Share Purchaser shall, and shall procure that the relevant Group Company will promptly notify the Seller 3 acting for and on behalf of all Sellers in writing of the receipt of any Pre-Effective Date Tax Refund in the meaning of Section 8.2a) and/or the amount of any excess referred to in Section 8.2b).

  • Any amount payable to Sellers pursuant to this Section 8.2 shall be due and payable twenty (20) Business Days after the Pre-Effective Date Tax Refund has been refunded (including - but not limited to - by way of set-off, deduction or consumption) to the Share Purchaser or the relevant Group Company or the respective Tax liability or accrual has been or should have been - in accordance with relevant local GAAP - dissolved.


More Definitions of Pre-Effective Date Tax Refund

Pre-Effective Date Tax Refund means any Tax Refund for a Tax related to any action, event, ownership, period or any other circumstances in, and assessed for or otherwise attributable (under applicable Tax laws) to, the Pre-Effective Date Period and – to the extent related to the first business/fiscal year (Geschäftsjahr / Wirtschaftsjahr) starting prior to and ending after the Effective Date - calculated under the assumption that the business/fiscal year (Geschäftsjahr / Wirtschaftsjahr) and the tax assessment period (Veranlagungszeitraum) of each entity of the Bakelite Group ceases or is deemed to cease at the end of the Effective Date.
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Pre-Effective Date Tax Refund means any Tax Refund of a Pre-Effective Date Tax (including, for the avoidance of doubt, any Tax Refund (in particular refund of corporate income tax (Körperschaftsteuer), trade tax (Gewerbesteuer) and withholding tax (Kapitalertragsteuer) received by Tower Automotive Holding GmbH or any other Group Company as a result of or in connection with the ruling of the German Federal Tax Court (Bundesfinanzhof) dated 7 September 2018, reference no. I R 11/14). Relevant Tax Proceeding shall mean any Tax Proceeding (i) relating fully or partly to Pre-Effective Date Taxes or Pre-Effective Date Periods or (ii) which gives rise or could give rise to obligations of the Seller under clause 6.2.10 (Taxes) or under this clause 8 (Tax indemnity) and/or rights under clauses 8.3.1 or 8.4.2. Straddle Period shall mean a Tax assessment period starting on or prior to and ending after the Effective Date. Tax(es) shall mean any tax (Steuern) within the meaning of Section 3 para. (1) to (3) of the German Tax Code (AO), tax related ancillary obligations (steuerliche Nebenleistungen) within the meaning of Section 3 para. (4) of the German Tax Code and social security contributions (Sozialversicherungsbeiträge) or any equivalent tax, tax related ancillary obligations or social security contributions under the laws of any other jurisdiction including, without limitation to, income taxes, trade taxes, wage taxes, payroll taxes, stamp duties, value added taxes, energy taxes, customs duties, real estate transfer taxes as well as social security contributions (Sozialversicherungsbeiträge) together with any interest, penalty, fine, special charge for late payment, special charge for late filing levied according to German or any other comparable applicable foreign law and regardless of whether the amount is owed as primarily liable tax-payer, as secondary liability, as pre-payment or as a joint or several liability, is assessed, to be withheld, to be disbursed or payable by law. The term Tax shall include any liabilities from or payment under a Tax Allocation Agreement. For the avoidance of doubt, Taxes shall not include deferred Taxes and/or notional Taxes such as reductions of Tax loss carry-forwards and/or back and future depreciation. Tax Authority shall mean any competent governmental authority or public body in charge of imposing or collecting any Tax.
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Related to Pre-Effective Date Tax Refund

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Post-Closing Tax Period means any taxable period beginning after the Closing Date and, with respect to any Straddle Period, the portion of such Straddle Period beginning after the Closing Date.

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Pre-Closing Tax Period means any Tax period ending on or before the Closing Date.

  • Tax Refund means a refund of Taxes previously paid and any overpayment interest within the meaning of Section 6611 of the Code or any similar provision under applicable Tax Law (whether paid by way of a refund or credited against any liability for related Taxes).

  • Straddle Period means any taxable period beginning on or prior to and ending after the Closing Date.

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.