Tax Party definition

Tax Party shall have the meaning accorded to such term in Section 5.09.
Sample 1Sample 2Sample 3
Tax Party means each member of the Green Plains Group and each Group Member.
Sample 1Sample 2Sample 3
Tax Party has the meaning specified therefore in SECTION 4.28.
Sample 1Sample 2

Examples of Tax Party in a sentence

  • The party responsible under the applicable Transfer Tax Law for paying a Transfer Tax (the “Transfer Tax Party”) shall make due and timely payment of the Transfer Tax to the applicable Tax Authority; provided, that the other party pays the Transfer Tax Party, no later than two (2) Business Days prior to the date such Transfer Tax is due, such other party’s equal share of such Transfer Tax.

  • The Transfer Tax Party will provide the other party a true copy of each such Tax Return as filed and evidence of the timely filing thereof.

  • Moreover, JBA issued checks to Mr. Melkonian’s son, which were returned for insufficient funds.

  • No Tax Party has acquired property from a Person not dealing at arm's length (for purposes of the Tax Act) with it in circumstances that would result in the Company or any shareholder of the Company becoming liable to pay Taxes of such Person under subsection 160(1) of the Tax Act or any analogous provision of any comparable Law of any province or territory of Canada.

  • Each Indemnified Party and Indemnified Tax Party shall use its reasonable best efforts to obtain all insurance proceeds (including proceeds under the R&W Insurance Policy) or other payments from third parties.

  • Each Tax Party has complied in all material respects with applicable Laws relating to Taxes, including the payment and withholding of Taxes (including in connection with amounts paid, deemed to be paid, or owing to any Employee, Independent Contractor, creditor, non- resident of Canada or other Person) and has timely withheld and paid or remitted over to the appropriate Taxing Authority all amounts required to be withheld and paid under the applicable Laws.

  • The documentation of such calculation shall provide sufficient detail to permit the payor Tax Party to reasonably understand the calculation.

  • All payment obligations shall be made to the payee Tax Party or to the appropriate Tax Authority as specified by the payee Tax Party within 30 days after delivery by the payee Tax Party to the payor Tax Party of written notice of a payment obligation.

  • Our estimates show that jumps occur among sellers at all quantiles under investigation.

  • For purposes of this Section 7.11, the “prevailing party” shall be the Tax Party who is entitled to recover its costs; a Tax Party not entitled to recover its costs shall not recover attorneys’ fees.


More Definitions of Tax Party

Tax Party means each member of the OCI USA Group and each Group Member.
Sample 1Sample 2
Tax Party shall have the meaning specified in Section 19.03(c) of the Lease.
Sample 1Sample 2
Tax Party has the meaning set forth in Section 5.27.
Sample 1
Tax Party or "Tax Parties" shall have the meaning accorded to such ----------- ------------- term in Section 2.24 of the Security Agreement.
Sample 1

Related to Tax Party

  • Tax Authority means, with respect to any Tax, the governmental entity or political subdivision, agency, commission or authority thereof that imposes such Tax, and the agency, commission or authority (if any) charged with the assessment, determination or collection of such Tax for such entity or subdivision.

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

  • Tax Package has the meaning assigned in Section 6.01(b);

  • Tax Proceeding has the meaning set forth in Section 5.2(a).

  • Tax Contest means an audit, review, examination, or any other administrative or judicial proceeding with the purpose or effect of redetermining Taxes (including any administrative or judicial review of any claim for refund).

  • Tax Indemnifying Party shall have the meaning set forth in Section 7.6(d).

  • Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).

  • Tax Attribute means a net operating loss, net capital loss, unused investment credit, unused foreign Tax credit, excess charitable contribution, general business credit, research and development credit, earnings and profits, basis, or any other Tax Item that could reduce a Tax or create a Tax Benefit.

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • Tax Matter has the meaning set forth in Section 7.01.

  • Tax area means a geographic area created by the overlapping boundaries of one or more taxing entities.

  • Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Preparing Party has the meaning set forth in Section 2.04(a)(ii).

  • Billing Party means the Party rendering a bill.

  • Disputing Party has the meaning specified in Paragraph 5.

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • Tax Loss means the taxable income or tax loss of the Trust, determined in accordance with Section 703(a) of the Code, for each Fiscal Year as determined for federal income tax purposes, together with each of the Trust's items of income, gain, loss or deduction which is separately stated or otherwise not included in computing taxable income and tax loss.

  • Tax Benefit Schedule is defined in Section 2.02 of this Agreement.

  • Taxing Authority means any domestic, federal, national, state, county or municipal or other local government, any subdivision, agency, commission or authority thereof, or any quasi-governmental body exercising any taxing authority or any other authority exercising Tax regulatory authority.

  • Tax return preparer means any individual described in Section 7701(a)(36) of the Internal Revenue Code and 26 C.F.R. 301.7701-15 .

  • Relevant Tax Authority means HMRC, or, if applicable, the tax authority in the jurisdiction in which the Supplier is established;

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • Transaction Taxes has the meaning set forth in Section 6.01.

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • Tax Item means any item of income, gain, loss, deduction, credit, recapture of credit or any other item which increases or decreases Taxes paid or payable.