Specified Taxes definition
Specified Taxes has the meaning specified in the definition of “Net Cash Proceeds”.
Specified Taxes means Taxes (other than any Tax on the overall net income of any Lender or any Tax imposed under FATCA) imposed, levied, collected, withheld or assessed by or within the United States of America or any political subdivision in or of the United States of America or any other jurisdiction from or to which a payment is made by or on behalf of any Credit Party or by any federation or organization of which the United States of America or any such jurisdiction is a member at the time of payment, but only to the extent that any change in law after the date hereof (in the case of each Lender listed on the signature pages hereof on the Closing Date) or after the effective date of the Assignment Agreement pursuant to which such Lender shall have become a Lender (in the case of each other Lender) results in an increase in the rate of such Tax from the rate in effect at the date hereof or at the date of such Assignment Agreement, as the case may be (provided that in the case of a Lender that shall have become a Lender pursuant to an Assignment Agreement, Taxes shall be Specified Taxes only to the extent such Taxes would have been Specified Taxes with respect to such Lender’s assignor).
Specified Taxes means all Taxes other than Employment Taxes and Other Taxes.
Examples of Specified Taxes in a sentence
Specified Taxes shall be allocated in the manner set forth in Schedule C.
More Definitions of Specified Taxes
Specified Taxes means those Taxes described in Section 2.01 through Section 2.04 of this Agreement, as well as those Taxes described in Section 2.07 or Section 2.08 of this Agreement.
Specified Taxes has the meaning set forth in the Tax Matters Agreement.
Specified Taxes means (a) production, severance, sales, excise and other similar taxes assessed upon, otherwise owing with respect to or measured by the amount or value of Hydrocarbons produced or the proceeds from the sale thereof excluding income taxes, and (b) property or ad valorem taxes to the extent assessed on the interests subject to the Overriding Royalty Interest (whether assessed separately or as part of the value of such interests).
Specified Taxes means any tax liabilities specified in Section 4(a)(ii) of the Tax Matters Agreement.
Specified Taxes means any Texas franchise Taxes.
Specified Taxes has the meaning given to such term in Section 5.03.
Specified Taxes has the meaning assigned to such term in clause (a)(ii) of the definition of Net Cash Proceeds.