Tax Account definition

Tax Account shall have the meaning set forth in Section 8.6 hereof.

Tax Account shall have the meaning set forth in Section 3.1 hereof.

Tax Account means an account on the Mortgagee’s books of account relating to this Mortgage, to which payments made by the Mortgagor or the Mortgagee pursuant to paragraph 4.6 hereof may, at the option of the Mortgagee, be credited or debited;

Examples of Tax Account in a sentence

• Employee’s Signature Date California Employer Payroll Tax Account NumberEmployer’s Section: Employer’s Name and Address Purpose: This certificate, DE 4, is for California Personal Income Tax (PIT) withholding purposes only.

• Provided there are sufficient amounts in the Tax Account and Insurance Account, respectively, and no Event of Default exists, Lender shall be obligated to pay the Taxes and Insurance Premiums as they become due on their respective due dates on behalf of Borrower by applying the Tax and Insurance Funds to the payment of such Taxes and Insurance Premiums.

• These are accounted for separately in the Motor Tax Account, prepared by the Driver and Vehicle Licensing Agency, an agency within the Department for Transport, as DVLNI acts as agent of the Secretary of State for Transport for these activities.

• Additionally, if, at any time, Lender determines that amounts on deposit in or scheduled to be deposited in (i) the Tax Account will be insufficient to pay all applicable Taxes in full on the Tax Payment Date and/or (ii) the Insurance Account will be insufficient to pay all applicable Insurance Premiums in full on the Insurance Payment Date, Borrower shall make a True Up Payment with respect to such insufficiency into the applicable Reserve Account.

More Definitions of Tax Account

Tax Account shall have the meaning given to such term in SECTION 9.9.

Tax Account shall have the meaning set forth in the Mortgage Loan Agreement.

Tax Account means an account on the Chargee’s books of account relating to the Mortgage, to which payments made by the Chargor or the Chargee pursuant to paragraph 4.6 hereof may, at the option of the Chargee, be credited or debited;

Tax Account has the meaning specified in Section 3.01(c)(i).

Tax Account means an account or accounts: (i) bearing the name of Operator (or any Lender or other third party nominated by a Lender following enforcement of Lien); (ii) established by Operator in a bank selected by Operator; and (iii) maintained by Operator (or any Lender or other third party nominated by a Lender following enforcement of Lien) to hold the funds for and to pay all Macau Gaming Taxes pursuant to Section 8.3.

Tax Account has the meaning ascribed to such term in Section 4.1(1).

Tax Account means the “Tax and Insurance Account” established pursuant to the Senior Cash Management Agreement.