realized definition
realized means realized as defined by section 1001(b) of the Internal Revenue
realized or “AMOUNT REALIZED” shall mean the sum of any money received plus the fair market value of all property (other than money) or services you receive.
realized is defined in Section 7.3.1 below.
More Definitions of realized
realized as used in this Section 9 is defined as follows in the below situations:
realized. A Tax Benefit or other benefit shall be deemed to have been Realized from a Tax Asset in a taxable period only if and to the extent that the Tax liability of the taxpayer (or of the Affiliated Group or any other state, local, foreign or similar group of which it is a member) for such period, after taking into account the effect of the Tax Asset on the Tax liability of such taxpayer in the current period and all prior periods, is less than it would have been if such Tax liability were determined without regard to such Tax Asset. For purposes of this definition and Section 1.6, any carryback of a net operating loss or other tax attribute by PHH or any PHH Affiliate to a taxable period shall be disregarded. For purposes of this Agreement, a Tax Benefit shall be deemed to have been “Realized” (i) at the time of the filing of a Tax Return (including any amended Tax Return or any Tax Return relating to estimated Taxes) on which a loss, deduction or credit or increase in basis is applied to reduce the amount of Taxes which would otherwise be payable and (ii) at the time of the filing of a claim or form for the refund of a Tax.
realized for purposes of this Section 9.8 shall include the utilization of such benefit in estimated tax payments.
realized and "Realization" means the actual realization by the Company or its Shareholders of Value in respect of any Matter or Matters in one or more actions (where final judgement or settlement has been obtained), transactions and/or agreements, having regard to the Acknowledgements.
realized means the difference between the amount stated on the Transferred Subsidiary Closing Balance Sheet and the amount that is the correct amount for such item under GAAP as of the date of Closing.
realized means that cash has been received. “Realizable” means that a valid promise of payment has been received. Completion of the activities involved means that the product has been delivered or (in the case of a service-based business) that the services have been rendered.
realized means closed positions for tax purposes. Any other method of valuating each partner's capital account may be substituted for this method, provided the substituted method results in exactly the same valuation as previously provided herein. Each partner's contribution to, or capital withdrawal from, the Partnership shall be credited, or debited, respectively, to that partner's capital account. SHARING OF PROFITS AND LOSSES: Net profits and losses of the Partnership shall inure to, and be borne by, the partners, in proportion to the value of each of their capital accounts as of the recognition date of the event. BOOKS OF ACCOUNTS: Books of account of the transactions of the Partnership shall be kept and at all times be available and open to inspection and examination by any partner. ANNUAL ACCOUNTING: Each fiscal year, a full and complete account of the condition of the Partnership shall be made to the partners. BANK ACCOUNT(S): The Partnership may select a financial institution or institutions for the purpose of opening a Partnership bank account or accounts. Funds deposited in said Partnership bank account(s) shall be withdrawn by checks signed by any officer designated by the Partnership.