Tax Payment definition

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 Payment means a payment made by an Obligor to a Finance Party in any way relating to a Tax Deduction or under any indemnity given by that Obligor in respect of Tax under any Finance Document.
Tax Payment has the meaning given to it in Clause 12.1 (Definitions).

Examples of Tax Payment in a sentence

  • Tenant’s first Monthly Tax Payment after receipt of Landlord’s Tax Statement shall be accompanied by the payment of an amount equal to the product of the number of full months, if any, within the Lease Year which have elapsed prior to such first Monthly Tax Payment, times the Monthly Tax Payment; minus any Additional Rent already paid by Tenant on account of its obligation under Section 4.1 for such Lease Year.


More Definitions of Tax Payment

Tax Payment means a payment as described in Article 6 or
Tax Payment means an increased payment made by the Borrower to the Lender under Clause 10.2 (Tax gross-up) or a payment under Clause 10.3 (Tax indemnity).
Tax Payment shall have the meaning set forth in Section 4.10.1.
Tax Payment means either an increased payment made by a Borrower to a Lender under Section 2.17A(d) or a payment under Section 2.17A(i).
Tax Payment means either the increase in a payment made by the Borrower to the Lender under Clause 11.2 below or a payment under Clause 11.3 below.
Tax Payment shall have the meaning set forth in Section 27.2 hereof.
Tax Payment means any payment of foreign, federal, state or local tax liabilities.