Tax Offset definition
Tax Offset is defined in Section 10.5(c).
Tax Offset has the meaning set forth in Section 5.02(d)(ii).
Tax Offset means an amount not less than $153,432.21, or such higher amount as agreed to by the Debtor and Santa Barbara, or as ordered by the Bankruptcy Court, representing tax refunds due to the Debtor by Santa Barbara. B. Other Terms. The words "herein," "hereof," "hereto," "hereunder," and others of similar import refer to the Plan as a whole and not to any particular section, subsection, or clause contained in the Plan. A term used herein that is not defined herein shall have the meaning ascribed to that term, if any, in the Bankruptcy Code or Bankruptcy Rules and shall be construed in accordance with the rules of construction thereunder. C. Plan Documents Supplement. Forms of certain documents referred to herein are contained in a separate Plan Documents Supplement, as amended, which is on file with the Clerk of the Bankruptcy Court. The Plan Documents Supplement may be inspected in the office of the Clerk of the Bankruptcy Court during normal court hours. Holders of Claims or Equity Interests may obtain a copy of the Plan Documents Supplement or excerpts therefrom upon written request to the Debtor. D. Exhibits. All exhibits to the Plan and all documents contained in the Plan Documents Supplement are incorporated into and are a part of the Plan as if set forth in full herein.
Examples of Tax Offset in a sentence
Any amounts withheld or paid with respect to a Member pursuant to Section 9.5(a) or Section 9.5(b) (other than the payment of Company Level Taxes) shall be offset against any distributions to which such Member is entitled concurrently with such withholding or payment (a “Tax Offset”); provided that the amount of any distribution subject to a Tax Offset shall be treated as having been distributed to such Member pursuant to Section 5.1 or Section 10.2(b)(iii) at the time such Tax Offset is made.
More Definitions of Tax Offset
Tax Offset has the meaning set forth in Section 9.4(g).
Tax Offset has the meaning set forth in Section 10.5.B(1). In addition, the definition of “Partner” is hereby deleted in its entirety and replaced in full as follows:
Tax Offset means the interception of an individual’s personal State income tax refund to be applied to a debt with CCS. (Offeror(s) will not receive commission on any funds collected through the tax offset program. Any tax offset payment must be processed as an adjustment with a corresponding proportionate decrease in commission as directed by CCS and will not be considered a payment collected by Offeror(s)).
Tax Offset is defined in Section 6.1(h).