Tax Charges definition

Tax Charges. The Annuity may include a charge generally intended to approximate any applicable premium tax, retaliatory tax and other taxes imposed on us. In some cases the Tax Charges may be more, and in some cases less, than the actual amount of taxes we are required to pay with respect to a particular Annuity. We may, in our discretion, pay these taxes when due and deduct the Tax Charges from the Account Value at a later date.

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Tax Charges means any city or county utility users tax, surcharge or energy commission tax owing by an Obligor, whether separately charged or included in the rate charges to such Obligor, that is applicable or relates to electric and/or natural gas services provided by or on behalf of any Originator.

Tax Charges means the storm bond tax charges authorized by the Commission to be imposed on all electric Customers by FPL to recover Qualified Costs pursuant to the Financing Order.

Examples of Tax Charges in a sentence

The amount applied to provide an Annuity Benefit may be reduced by a charge for any taxes, as described under the section "Applicable Tax Charges", that apply on annuity purchase payments.
Each Contribution (less any applicable tax charge in accordance with the section "Applicable Tax Charges") is allocated among Investment Options in accordance with the instructions submitted in a form acceptable to us by the Employer or Participant.
The Purchaser shall abide by all the rules and regulations regarding the usage of the Common Portions and pay the Maintenance Charges and the Tax Charges within the 7th day of the month for which the same be payable or within 7 (seven) days of being called upon to pay the same.
Attachments A-1 and A-2 show the resulting values of the Storm-Recovery Charges and Tax Charges for each class of customers, as calculated in accordance with the Financing Order, such charges to be effective as of the first day of the upcoming Remittance Period.
The charges which are, or may be, deducted from your Annuity include, but are not limited to: the Insurance Charge, the Annual Maintenance Fee, Tax Charges, a Transfer Fee, and any charges for any optional benefits provided by rider or endorsement.
Pursuant to Section 366.8260(2)(b) of the Statute, the allocation of Storm Recovery Charges and Tax Charges has been made in accordance with the [rate case/settlement agreement dated as of ____] The calculations and supporting data for charges are appended to the Attachments.
Using the formula approved by the Florida Public Service Commission in the Financing Order, this filing modifies the variables used in the Storm-Recovery Charges and provides the resulting adjusted Storm-Recovery Charges and Tax Charges.
If there be any addition to the Rates & Taxes due to anything done by the Purchaser in respect of the Unit, viz., any additional fittings, special construction and facilities and/or renting it out, such addition shall be borne and paid exclusively by the Purchaser over and above the Tax Charges.
CASH VALUE The Account Value less any applicable Withdrawal Charges and due and unpaid Premium Tax Charges.
The proposed adjustments to the Tax Charges will ensure recovery of the associated tax liability for the related Storm-Recovery Charges.

More Definitions of Tax Charges

Tax Charges means all tax, fiscal or other similar charges or liabilities or obligations of the Client which may be incurred in any jurisdiction.

Tax Charges means any taxes for which the Issuer becomes liable to any competent taxation authority in such Due Period which are in excess of any taxes known on the Closing Date to be payable by the Issuer at any time.

Tax Charges has the meaning given to that term in clause 16.7(a)(ii)(B); “Tax Credits” means:

Tax Charges. In several states a tax is payable, either when Purchase Payments are received, upon surrender or when the Account Value is applied under an annuity option. We will deduct the amount of tax payable, if any, from your Purchase Payments, Account Value or Surrender Value as applicable.

Tax Charges means the storm bond tax charges authorized by the Commission to be imposed on all electric Customers by FPL to recover Qualified Costs pursuant to the Financing Order. Termination Notice has the meaning set forth in Section 7.01 of the Servicing Agreement. Tranche means any one of the tranches of Storm-Recovery Bonds of any Series. Transfer Date means the Closing Date or any Subsequent Transfer Date, as applicable. Trust Indenture Act or TIA means the Trust Indenture Act of 1939, as in force on the effective date hereof the Indenture, unless otherwise specifically provided. Trustee means The Bank of New York, a New York banking corporation or its successor, as trustee under the Indenture, or any successor trustee under the Indenture, or, as the context Appendix A-18 <PAGE> requires, the trustee under any Additional Indenture, or any successor trustee under the Additional Indenture. Uniform Commercial Code or UCC means, unless the context otherwise requires, the Uniform Commercial Code, as in effect in the relevant jurisdiction, as amended from time to time. United States means the United States of America. U.S. Government Obligations means direct obligations (or certificates representing an ownership interest in such obligations) of the United States (including any agency or instrumentality thereof) for the timely payment of which the full faith and credit of the United States are pledged and which are not callable at the issuer's option. Weighted Average Days Outstanding means the weighted average number of days FPL's monthly retail Customer Bills remain outstanding during the calendar year as determined from time to time by FPL. Appendix A-19 </TEXT> </DOCUMENT>