Definition of Tax Detriment Payment


Tax Detriment Payment means payments made pursuant to Sections 4.8(a)(i).
Sample 1

Examples of Tax Detriment Payment in a sentence

Tax Benefit Schedule), plus (2) any decrease in the amount of any Exchange-Related Tax Detriment Payment for such Covered Taxable Year (as determined by comparing the Exchange-Related Tax Detriment Payments previously made pursuant to Section 3.01 of this Agreement to the Exchange-Related Tax Detriment Payments shown on the Amended NCM Inc.
Tax Benefit Schedule), plus (2) any decrease in the amount of any ESA-Related Tax Detriment Payment for such Covered Taxable Year (as determined by comparing the ESA-Related Tax Detriment Payments previously made pursuant to Section 3.02 of this Agreement to the ESA-Related Tax Detriment Payments shown on the Amended NCM Inc.
The amount of the Tax Detriment, as finally determined pursuant to this Section 10(b)(iv)(E)(ii), is referred to herein as the "Actual Tax Detriment Payment." (B) The Domestic Buyer shall cause RCI to deliver to the RCI Stockholders (pro rata among the RCI Stockholders) the Actual Tax Detriment Payment not later than April 10, 1997.
Tax Benefit Schedule that gave rise to a $10 Exchange-Related Tax Detriment Payment (due to, for example, the imposition of interest charges in connection with a Determination), then the Founding Members would pay the total net difference of $110 (the sum of the $10 increase in the Exchange-Related Tax Detriment Payment plus the $100 decrease in the Exchange-Related Tax Benefit Payment) to NCM Inc.
Tax Benefit Schedule that gave rise, instead, to a $10 Exchange-Related Tax Detriment Payment (due to, for example, the imposition of interest charges in connection with a Determination), then the Founding Members would pay the total net difference of $110 (the sum of the $10 increase in the Exchange-Related Tax Detriment Payment plus the $100 decrease in the Exchange-Related Tax Benefit Payment) to NCM Inc.