Tax Cost definition

Tax Cost means any increase in Tax payments otherwise required to be made to a Taxing Authority (or any reduction in any refund otherwise receivable from any Taxing Authority).

Tax Cost means any increase in Tax payments actually required to be made to a Taxing Authority (or any reduction in any Refund otherwise receivable from any Taxing Authority), including any increase in Tax payments (or reduction in any Refund) that actually results from a reduction in Tax Attributes (computed on a “with or without” basis).

Tax Cost means, with respect to any indemnity payment for any person, the positive excess, if any, of the Tax liability of such person taking such indemnity payment into account over the Tax liability of such person without regard to such payment, with all other circumstances remaining unchanged.

Examples of Tax Cost in a sentence

• Library Library Library Library Library Fire Life Safety System City Library Library City City SCHEDULE D – Tansley Xxxxx Community Centre PROPERTY, FACILITY & COMMON AREAS SCHEDULE E – Charge Backs and Shared Costs Summary Tansley Xxxxx Expense Tax Cost Share Bldg.

• For purposes hereof, any Tax Cost actually realized by the Indemnified Party (or its Affiliates) shall be determined using a “with and without” methodology (treating any deductions or amortization attributable to such indemnified liability as the last items claimed for any taxable year, including after the utilization of any otherwise available net operating loss carryforwards).

• POST IMPLEMENTATION ADJUSTMENTS Where payments have been made on account of the Shared Tax Cost under paragraph 4.2 above, and the final determination of the amount of liabilities to Tax comprised in the Shared Tax Cost is different from that assumed in the original calculation of such payments, payments shall be made to ensure that, after taking into account such payments and any payment made under paragraph 4.2, the aggregate position reflects the final determination of those liabilities to Tax.

• In computing the amount of any such Tax Cost or Tax Benefit, the indemnified party shall be deemed to recognize all other items of income, gain, loss, deduction or credit before recognizing any item arising from the receipt of any indemnification payment hereunder or the incurrence or payment of any indemnified Damages.

• TAX ASSETS 1.15 Subject to the provisions of the Vivendi Sale Agreement: 1.15.1 any Tax Assets within the Acquired Assets at Closing should first be used to reduce or eliminate any Historic Tax Liability and then used by the parties to minimize the Shared Tax Cost; and 1.15.2 any Tax Assets within any Jointly Owned Entities, whenever arising, shall be used by the parties to minimize the Shared Tax Cost, in either case, in accordance with the FIA Implementation Principles.

More Definitions of Tax Cost

Tax Cost with respect to any event or adjustment for any Person means the positive excess, if any, of the Tax liability of such Person taking such event or adjustment into account over the Tax liability of such Person without regard to such event or adjustment, with all other circumstances remaining unchanged.

Tax Cost means, with respect to any Taxable Period, the amount of the actual increase in an indemnified party's liability for Taxes payable for the Taxable Period (including as a result of any decrease in a Tax refund or credit) as a result of the accrual or receipt of payment for any Loss for which the indemnified party is entitled to indemnification under this Agreement.

Tax Cost means the cost of Real Property Taxes.

Tax Cost for any calendar year means an amount equal to the aggregate, without duplication, of all Taxes for such calendar year;

Tax Cost means an increase in the tax liability of a taxpayer for any taxable period. A Tax Cost shall be deemed to arise in a taxable period only if and to the extent that the tax liability of the taxpayer for such period, after taking into account the effect of the relevant item on the tax liability of such taxpayer in all prior periods, is greater than it would have been if such tax liability were determined without regard to such item.

Tax Cost means the total, without duplication, of all taxes, trade licenses, rates, levies, service fees and charges, duties and assessments levied or imposed on or in respect of the Common Areas and Common Facilities, or the Leased Premises, by any competent authority, including without limitation any utilities, service fees or charges and ad valorem fees levied from time to time by competent authorities;

Tax Cost means the amount of the increase in an indemnified party's liability for Taxes (including decreases in Tax refunds and credits) as a result of the receipt of indemnification payments hereunder.