Tax Creditor definition

Tax Creditor means the holder of a Tax Claim.
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Tax Creditor means any creditor that holds a tax claim.
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Examples of Tax Creditor in a sentence

  • Failure to pursue remedies for default as detailed herein shall not constitute a waiver by a Tax Creditor of the right to pursue any such default remedies.

  • Allowed Administrative Claims of a Tax Creditor shall be paid in full, plus interest thereon at the rate prescribed by 11 U.S.C. § 511 from its due date until paid, on the later of (a) the Effective Date or (b) the date on which such Allowed Claim becomes due and payable pursuant to the terms thereof.

  • As set forth more fully in the Plan, unless otherwise agreed by the holder of a Priority Tax Claim and the Reorganized Debtor, each Tax Creditor will receive, in full satisfaction of its Allowed Priority Tax Claim, deferred cash payments totaling the Allowed amount of such Claim over a period not exceeding five (5) years from the Petition Date, as required by the Bankruptcy Code, which period shall conclude on or about August 3, 2022.

  • In respect of all other categories of creditors, the estimated liquidation dividend is 0%, and dividends are proposed for a number of those categories at either 0% or 0.5% in the case of connected and inter-company creditors or 1% in the case of Unsecured Creditors, the unsecured balance, if any, due to the Disputed Tax Creditor and the Contingent Unagreed Creditors.

  • Notwithstanding the provisions of Section 3.5.1, any Tax Creditor with an Allowed Priority Tax Claim will not be entitled to receive any payment on account of any penalty arising with respect to or in connection with the Allowed Priority Tax Claim.

  • Yes☐ No☐ If yes, explain in detail on a separate sheet and attach to questionnaire.

  • Pursuant to 11 U.S.C. § 1129(a)(9)(C), unless otherwise agreed by the holder of a Priority Tax Claim and the Reorganized Debtor, each Tax Creditor with an Allowed Priority Tax Claim will receive, in full satisfaction of its Allowed Priority Tax Claim, deferred cash payments totaling the Allowed amount of such Claim over a period not exceeding five (5) years from the Petition Date, as required by the Bankruptcy Code, which period shall conclude on or about February 9, 2023.

  • This is to emphasize that it is necessary to protect the confidentiality of information obtained from the Department of Children and Family Services.

  • The Tax Creditor Claims are alleged to be the IRS Claims for 941 taxes and other federal taxes asserted to be approximately $107,273.09.

  • Consists of Allowed Administrative Claims.(Not Impaired) Class 2: Consists of Allowed Tax Creditor Claims.

Related to Tax Creditor

  • Tax Credit means a credit against, relief or remission for, or repayment of any Tax.

  • Input Tax Credit means the credit of input tax;

  • Tax Credits means the low-income housing tax credits found in Section 42 of the Code, and all rules, regulations, rulings, notices and other promulgations thereunder.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Production Tax Credit or “PTC” means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

  • working tax credit means a working tax credit under section 10 of the Tax Credits Act 2002;

  • Creditor has the meaning set forth in Section 3.3.

  • Tax Refund means any refund of Taxes (including any overpayment of Taxes that can be refunded or, alternatively, credited or applied to future Taxes payable), including any interest paid on or with respect to such refund of Taxes.

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.

  • Tax Deduction means a deduction or withholding for or on account of Tax from a payment under a Finance Document.

  • Carryback means any net operating loss, net capital loss, excess tax credit, or other similar Tax item which may or must be carried from one Tax Period to another Tax Period under the Code or other applicable Tax Law.

  • Tax Attribute means a net operating loss, net capital loss, unused investment credit, unused foreign tax credit, excess charitable contribution, general business credit or any other Tax Item that could reduce a Tax.

  • Tax Indemnitee as defined in Section 3.01(5).

  • Tax credit certificate means a certificate issued by the office that:

  • UK Tax Deduction means a deduction or withholding for, or on account of, Tax imposed by the United Kingdom from a payment under a Loan Document, other than a FATCA Deduction.

  • operational creditor means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred;

  • Transaction Tax Deductions means any Tax deductions relating to (i) the Company Transaction Expenses, and (ii) repayment of the Indebtedness, including any unamortized deferred financing fees in connection with the Indebtedness.

  • Tax Attributes means net operating losses, capital losses, tax credit carryovers, earnings and profits, foreign tax credit carryovers, overall foreign losses, previously taxed income, tax bases, separate limitation losses and any other losses, deductions, credits or other comparable items that could affect a Tax liability for a past or future taxable period.

  • Tax Benefits means the net operating loss carryovers, capital loss carryovers, general business credit carryovers, alternative minimum tax credit carryovers, foreign tax credit carryovers, any loss or deduction attributable to a “net unrealized built-in loss” within the meaning of Section 382 of the Code, and the Treasury Regulations promulgated thereunder, of the Company or any of its Subsidiaries.

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

  • Foreign insurer means an insurer domiciled outside of this state, including

  • Tax Claim has the meaning set forth in Section 6.05.

  • Tax Benefit means any refund, credit, or other reduction in otherwise required Tax payments.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • remission means the waiving of the obligation to pay an amount of import or export duty which has not been paid;