Tax Payment Amount definition

Tax Payment Amount means, for any period, an amount not exceeding in the aggregate the amount of Federal, state and local income taxes the Borrowers would otherwise have paid in the event they were corporations (other than “S corporations” within the meaning of Section 1361 of the Code) for such period and all prior periods, reduced by any such income taxes directly paid by the Borrowers.

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Tax Payment Amount means, for any period, an amount not exceeding in the aggregate the amount of Federal, state and local income taxes the Borrower would otherwise have paid in the event it were a corporation (other than an “S corporation” within the meaning of Section 1361 of the Code) for such period.

Tax Payment Amount means, with respect to any Subsidiary for any Fiscal Year, an amount equal to the lesser of:

Examples of Tax Payment Amount in a sentence

• Such Tax Payment Amount shall be paid to the Employee within ten (10) days of the Employee notifying the Company of such Challenge and in no event later than the last day of the Employee’s taxable year following the year in which the Employee remits the underlying taxes to the applicable tax authorities.

• The Tax Payment Amount shall equal the aggregate of the federal, state, local or foreign tax amounts due as a result of the application of Section 409A of the Code and in no event shall exceed the amount that is required to be included in income as a result of such failure to comply with the requirements of Section 409A of the Code.

• The Net After Tax Payment Amount means the excess of the total amounts paid hereunder reduced by the sum of (i) the amount of any excise tax payable under Code Section 4999 and (ii) any and all applicable local, state and/or federal income taxes payable with respect to the payments made hereunder.

• Landlord shall not have the right to require Tenant to commence Tenant’s payment of the Monthly Tax Payment Amount for a particular Tax Year earlier than the one hundred fiftieth (150th) day of the immediately preceding Tax Year.

• Tenant shall pay the Monthly Tax Payment Amount to Landlord in the same manner as the monthly installments of the Fixed Rent hereunder.

More Definitions of Tax Payment Amount

Tax Payment Amount the amount in respect of Tax required to be deducted by King or AB from the Consideration payable to the holder of a King Option or King Share Award, and/or in respect of any such holder who has an obligation to account for and pay Tax directly to a Tax Authority in relation to such Consideration, 40% of the amount of such Consideration, or such higher portion as the holder of the King Option or King Share Award can demonstrate shall be required by him to pay such Tax; “Tax Return”, any return (including any information return), report, statement, declaration, estimate, schedule, or information, including any amendments thereof, filed with, or required to be filed with, any Tax Authority in connection with the determination, assessment, collection or payment of any Tax or in connection with the administration, implementation or enforcement of or compliance with any Law relating to any Tax; “Technology”, all Software, designs (including circuit designs and layouts), semiconductor device structures (including gate structures, transistor structures, memory cells or circuitry, vias and interconnects, isolation structures and protection devices), circuit block libraries, formulae, algorithms, procedures, methods, techniques, ideas, know-how, Patents, research and development, technical data, programs, subroutines, tools, materials, specifications, processes, inventions (whether patentable or unpatentable and whether or not reduced to practice), discoveries, apparatus, creations, improvements, Works of Authorship and other similar materials, and all recordings, graphs, drawings, reports, analyses, and other writings, and other tangible embodiments of the foregoing, in any form whether or not specifically listed herein, and all related technology;

Tax Payment Amount is defined in Section 10.4(d).

Tax Payment Amount means the amount required to pay all taxes, including, without limitation, any income, withholding, excise, sales, gross receipts, general corporation, tangible or intangible personal property, privilege, or license taxes due and owing by the Borrower with respect to the activities of the Borrower to any taxing authority in any jurisdiction.

Tax Payment Amount means, with respect to any distribution to be made on the Capital Stock of LRGP pursuant to Section 10.6(a)(iii)(A), any calculation of Consolidated Net Income (Loss), Consolidated Cash Flow and Consolidated Excess Cash Flow of LRGP, and the Tax Calculation Period most recently ended prior to the date of such distribution or calculation, the effective aggregate federal, state and local income taxes which would have been payable by such Issuer during such Tax Calculation Period if LRGP had been a corporation (other than an "S" corporation within the meaning of Section 1361(a) of the Code) during such entire Tax Calculation Period, in any event not to exceed 40% for any Tax Calculation Period.

Tax Payment Amount means, for any period, an amount not

Tax Payment Amount means the amount, not less than zero, equal to:

Tax Payment Amount means, for any period, the distributions in respect of taxes required or permitted to be made pursuant to Section 5.2(c) of the Partnership Agreement.