Tax Deductions means the aggregate amount of any income Tax deductions attributable to (a) the Transaction Expenses, (b) any business interest deduction carryforward pursuant to Section 163(j)(2) of the Code, and (c) any “net operating loss” within the meaning of Section 172(c) of the Code (or any similar provision of state, local or foreign Law) of the Company with respect to any Pre-Closing Tax Period that is not attributable to any of the other subclauses in this defined term and is available to be carried forward to any Tax year or period (or portion thereof) of Acquirer or its Affiliates (including the Company after the Closing Date) beginning after the Closing Date.
Tax Deductions means the aggregate of amount of: (a) the Option Consideration; (b) the portion of the Holdback Amount attributable to the Options; (c) Selling Expenses to the extent deductible for income Tax purposes and (d) the capitalized financing costs and expenses that become deductible in any Pre-Closing Tax Period by the Company or any Subsidiary for income Tax purposes as a result of the satisfaction of the Closing Date Repayment Indebtedness on the Closing Date.
Tax Deductions means, to the extent deductible under applicable Law, the sum of all items of loss or deduction for income Tax purposes resulting from or attributable to: (a) the Option Consideration; (b) the Selling Expenses; and (c) the satisfaction of the Company Debt on the Closing Date.
Examples of Tax Deductions in a sentence
To make this request, fill out Form T1213, Request to Reduce Tax Deductions at Source, to get a letter of authority from your tax services office.
To make this request, complete Form T1213, Request to Reduce Tax Deductions at Source for Year(s) , to get a letter of authority from your tax services office.
Any sum payable or otherwise due under the Agreements shall be paid free and clear of all Tax Deductions except as required by law.
RSTA Article 25(2): Tax Deductions for Investments in Energy Economizing Facilities3.
Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 365 days (in the case of amounts denominated in Sterling) or 360 days (in the case of amounts denominated in any other currency) (as appropriate or, in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed and any Tax Deductions required to be made from any payment of interest shall be computed and paid accordingly.
More Definitions of Tax Deductions
Tax Deductions means the total amount of the tax deductions allocated to the Class A Common Members in respect of the items of Depreciation allocated to the Class A Common Members pursuant to Section 6.3.7(g) for the Allocation Periods ending prior to the Class C Common Change Date, and -42- 57
Tax Deductions has the meaning given in Clause 4.8;
Tax Deductions they are not obliged, as of the Novation Signing Date, to make any tax deductions against the payments made under this Contract to the Lenders.
Tax Deductions means any item of loss or deduction resulting from or attributable to (i) transaction bonuses, changes-in-control payments, severance payments, retention payments or similar payments made to employees or other service providers of the Company or any of its Subsidiaries, including but not limited to the Change-in-Control Payments; (ii) the fees, expenses and interest incurred by the Company or any Subsidiary with respect to the payment of any Indebtedness, including the Closing Indebtedness Amount; (iii) the amount of investment banking, legal and accounting fees and expenses paid or payable by the Company or any of its Subsidiaries; and (iv) the amount of any deduction for federal income Tax purposes as a result of the exercise or payment for cancellation of employee or other compensatory options arising in connection with the transactions contemplated by this Agreement and as determined by Sellers in good faith, including but not limited to as a result of the Option Cancellation Payments.
Tax Deductions is defined in Section 11.04.
Tax Deductions means the total amount of the tax deductions allocated to the Class A Common Members in respect of the items of Depreciation allocated to the Class A Common Members pursuant to Section 6.3.7(g) for the Allocation Periods ending prior to the Class C Common Change Date, and the "Baseline Tax Deductions" shall mean the total amount of the tax deductions that would have been allocated to the Class A Common Members if items of Depreciation allocated under Section 6.3.7 had been allocated to the Class A Common Members in accordance with their Percentage Interests for the Allocation Periods ending prior to the Class C Common Change Date.
Tax Deductions means, without duplication, the sum of all Income Tax deductions of the Company and its Subsidiaries to the extent “more likely than not” deductible (or at a higher level of confidence) in the Pre-Closing Tax Period under applicable Tax Law attributable to (i) the Transaction Expenses (regardless of whether such item remains unpaid as of the Closing), (ii) amounts that would be Transaction Expenses but for the payment thereof prior to the Closing, (iii) compensatory payments made in respect of Options pursuant to this Agreement, (iv) other amounts included in Indebtedness or as a liability in Net Working Capital) and applying the seventy percent safe-harbor election under Revenue Procedure 2011-29 to any “success based fees” for U.S. federal income tax purposes (to the extent relevant).