Definition of Tax Rate Adjustment Factor


Tax Rate Adjustment Factor means a fraction, the numerator of which is, ***** minus the income tax rate utilized in the Partnership Agreement in determining the after-tax amount of the Initial Investors return on the date of the Credit Discount, and the denominator of which is, ***** minus the income tax rate utilized in the GP Indemnity Agreement or the Partnership Agreement in determining the after-tax amount of the Initial Investors return or a tax indemnity payment, as appropriate, on the date of the Credit Discount Reimbursement.
Sample 1 Sample 2


Tax Rate Adjustment Factor means a *****.
Sample 1