Tax Receivables definition

Tax Receivables has the meaning set out in Section 1.1.6(c);

Tax Receivables means any Tax refunds from any Government Entity or investment tax credits, including input taxes receivable, sales taxes receivable, scientific research and experimental development (SRED) credits, and income tax refunds or overpayments, which have accrued and are due and receivable as of the Closing Date (assuming the filing of applicable Tax Returns prior to, on or following the Closing Date).

Tax Receivables. The aggregate of all of the “Tax Receivables”, as defined in the Purchase Agreements, sold by the Taxing Agencies to the Authority pursuant to the Purchase Agreements, constituting in the aggregate 100% of the amounts of taxes, penalties and accrued interest set forth on the Tax Receivables Schedule.

Examples of Tax Receivables in a sentence

• The assignment and purchase of the Assigned Tax Receivables shall take place on the Closing Date at the offices of the Director of Finance of the Metropolitan Government at 12 noon prevailing Nashville time, or at such other time and place as the parties mutually agree, and in accordance with procedures set forth in this contract.

• Any Collections coming into the possession of the Authority shall be held by the Authority for the benefit of the Holder as the beneficial owner of the Tax Receivables and shall be promptly paid by the Authority directly to the Holder.

• In the event that the Holder is at any time unable to obtain from the County such information as is necessary for the Holder to monitor collection on the Tax Receivables, the Authority shall, at the request of the Holder, join with the Holder in taking any action to obtain such information, including but not limited to enforcing its rights to obtain such information under the California Public Records Act.

• In the event an Election Notice is delivered in accordance with Section 1.1, the Controlling Partnership and Holdings shall use its reasonable best efforts to execute, or to cause the other parties thereto to execute, prior to the Closing, the Exchange Agreement between the Controlling Partnership, the Group Partnerships and Holdings (the “Exchange Agreement”), the Tax Receivables Agreement between the Controlling Partnership, Holdings, KKR Management Holdings Corp.

• The principal amount of the Certificate shall be equal to the aggregate amount of the Tax Receivables and the Collections thereon.

More Definitions of Tax Receivables

Tax Receivables means the entitlement to any and all refunds of Taxes paid by each Seller or its Affiliates with respect to periods prior to the Closing, including, but not limited to, any such refund attributable to the employee retention credit under Section 2301 of the CARES Act.

Tax Receivables means all prepayments, credits, refunds, causes of action, rights of recovery, rights of set off, and rights of recoupment with respect to the Taxes of Saco, arising as a result of or relating to the ownership or operation of the Business, including without limitations refundable and non-refundable research and development tax credits.

Tax Receivables means all amounts that, as at the Time of Closing, are payable to the Vendor by, or receivable by it from, any Governmental Entity in respect of Taxes, and all rights thereto, including all refunds, reimbursements, overpayments or other amounts, with respect to the taxation years ended December 31, 2017 and 2016 as well as the period beginning on January 1, 2018 and ending on the Closing Date, including, without limitation, other federal and provincial refundable tax credits under the ITA and the Taxation Act (Québec), and the GST and QST refunds under the QSTA, the ETA or otherwise deriving from any other Governmental Entity;

Tax Receivables means those delinquent real property taxes of the Metropolitan Government on Related Properties that are authorized to be sold in accordance with T.C.A. § 67-5-2012 for tax year 2011 as are shown on the Report.

Tax Receivables has the meaning given to the term "Receivables" in the Tax Assignment Deed;

Tax Receivables means certain excess Taxes that were paid by Ally Credit Canada Limited and GMAC Leaseco Corporation prior to Closing in an amount equal to $318,503,727, as more particularly set out in Section 1.01(e) of Parent’s Disclosure Letter, that are expected to be refunded by the relevant Government Authority post-Closing. The Tax Receivables are comprised of the following three tranches: (i) Tax Receivables – Tranche 1, in the amount of $48,058,014 in respect of taxation years ending December 31, 2008 or earlier; (ii) Tax Receivables – Tranche 2, in the amount of $88,540,994 in respect of the taxation years ending January 15, 2009 and December 31, 2009; and (iii) Tax Receivables – Tranche 3, in the amount of $181,904,719 in respect of the taxation year ending December 31, 2010. Notwithstanding the foregoing, if any portion of the Tax Receivables is refunded prior to the Closing by the relevant Government Authority then the amount of Tax Receivables, and the relevant tranche of Tax Receivables, shall be correspondingly reduced by the amount refunded.

Tax Receivables means all federal, state, local, municipal and other tax refunds or rebates of any kind, whether from a Governmental Authority in the United States or outside of the United States.