Definition of Tax Loss Carry Forwards

  1. Tax Loss Carry Forwards means the amount of losses computed in accordance with the applicable Tax laws and regulations, which are available to compensate, set off or otherwise reduce any Tax;

Examples of Tax Loss Carry Forwards in a sentence

  1. For purposes of the previous sentence a loss or diminution of Tax Loss Carry Forwards existing at Completion shall not be considered to adversely affect the position of the Purchaser and/or the Company In such case the Seller has the conduct of any appeal, dispute or defence of such Tax Claim.

Definition of Tax Loss Carry Forwards in Share Sale and Purchase Agreement

Tax Loss Carry Forwards means the amount of losses computed in accordance with the applicable Tax laws and regulations, which are available to compensate, set off or otherwise reduce any Tax;