Tax Component definition

Tax Component shall have the meaning set forth in Paragraph 3(a)
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Tax Component means federal, state and local taxes applicable to the transaction for which the Authorized Purchaser is not exempt and which must, by law, be collected from the Authorized Purchaser by the Contractor.
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Tax Component means applicable federal, State and local taxes applicable to the transaction for which the Authorized Purchaser is not exempt.
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Examples of Tax Component in a sentence

  • Income Tax Component of Contributions and Advances .................................

  • The ITCC is equal to the estimated tax liability described in Article 5.17.4 of the GIA and is the Income Tax Component of Contribution described in the Preliminary Statement, Part M of the Distribution Provider’s tariff on file with the CPUC.

  • The IC acknowledges and accepts that these costs will be subject to an Interconnection Facilities Charge, a Distribution Facilities Charge, if applicable, and Income Tax Component of Contribution (ITCC).

  • ITCC is the Income Tax Component of Contribution described in the Preliminary Statement, Part M of the Distribution Provider’s tariff on file with the CPUC.

  • The IC acknowledges and accepts that these costs will be subject to an Interconnection Facilities Charge, a Distribution Facilities Charge, if applicable, and Income Tax Component of Contribution (“ITCC”).

  • Income Tax Component of Contributions .......................................................

  • Listing of Accounts 20158-EHazardous Substance Cleanup Cost Account (HSCCA) 19503,19504,25384,19506,19507,19508-E19509,19510,19511,19512,19513-EIncome Tax Component of Contributions and Advances Provision(ITCCAP) 31209, 19501, 19502-ECompetition Transition Charge Responsibility (CTCR) 19514-E Public Purpose Programs Adjustment Mechanism (PPPAM) 20610, 19516-E Gain/Loss On Sale Mechanism (EGOS) 20159, 20160, 20161, 20162, 20163-E VII.

  • Any payments or contribution of facilities by Applicant are taxable Contributions in Aid of Construction (CIAC) and shall include an Income Tax Component of Contribution (ITCC) for state and federal tax at the rate provided in PG&E's Preliminary Statement.

  • The ITCC is equal to the estimated tax liability as described in FERC Order 2003 and FERC Order 2003-A and applicable to this SGIA pursuant to Article 1.5.1. ITCC is the Income Tax Component of Contribution specified in the Preliminary Statement, Part M of the Participating TO’s tariff on file with the CPUC, applicable to the Distribution Upgrades Cost and Interconnection Facilities Cost.

  • All Contributions and Advances by Applicant are taxable and shall include an Income Tax Component Contribution and Advances (ITCCA) at the rate provided in the Utility's Preliminary Statement.

Related to Tax Component

  • Class D Component The Component having such designation.

  • Class C Component The Component having such designation.

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • Class X-A Components The Class A-1 Component, Class A-2 Component, Class A-3 Component, Class A-4 Component, Class A-AB Component and Class A-S Component, each of which constitutes a separate class of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.

  • Accrual Components As specified in the Preliminary Statement.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • Class B Component The Component having such designation.

  • Class A-S Component The Component having such designation.

  • Class A-2 Component The Component having such designation.

  • Structural component means a component that supports non-variable forces or weights (dead loads) and variable forces or weights (live loads).

  • Basket Component means each of the SPDR S&P 500 ETF Trust, iShares Russell 2000 Index Fund, iShares MSCI EAFE Index Fund, and iShares MSCI Emerging Markets Index Fund.

  • Class A-1 Component The Component having such designation.

  • Class E Component The Component having such designation.

  • Class X-1 Strip Rate With respect to any Distribution Date, the amount, if any, by which (i) the Weighted Average Net Mortgage Rate for such Distribution Date exceeds (ii) the sum of the Class LA-1-2-A Component Class X-2 Strip Rate and the Class A-1 Pass-Through Rate for such Distribution Date.

  • Class B Fixed Allocation means, with respect to any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Investor Interest as of the close of business on the last day of the Revolving Period and the denominator of which is equal to the Investor Interest as of the close of business on the last day of the Revolving Period.

  • Class D Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class D Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

  • Class X Strip Rate With respect to each Component for any Distribution Date, a rate per annum equal to: (i) the WAC Rate for such Distribution Date, minus (ii) the Pass-Through Rate for the Corresponding Certificates.

  • Interest Component Each future interest payment, or portion thereof, due on or prior to the Maturity Date, or if the Debt Security is subject to redemption or repayment prior to the Maturity Date, the first date on which such Debt Security is subject to redemption or repayment.

  • Class C Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class C Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • Distribution Tariff means the Distribution Tariff prepared by the Company and approved by the Commission on an interim or final basis, as the case may be;

  • Cash Component means that portion, if any, of the Conversion Shares Offer Consideration consisting of cash.

  • Generator to Load Distribution Factor or “GLDF” shall mean a generator’s impact on a Flowgate while serving load in that generator’s Balancing Authority Area.