Definition of Tax Refunds


Tax Refunds means all state and federal income tax refunds and proceeds thereof, including, without limitation, interest thereon, in respect of taxes of the Borrower and its Subsidiaries.

Examples of Tax Refunds in a sentence

Any notice of sale, disposition or other intended action by Mortgagee with respect to the Personalty, Fixtures, Leases, Rents, Deposit Accounts, Property Agreements, Tax Refunds, Proceeds, Insurance and Condemnation Awards sent to Mortgagor at least ten (10) days prior to any action under the UCC shall constitute reasonable notice to Mortgagor.
This Mortgage constitutes a security agreement on personal property within the meaning of the UCC and other applicable law and with respect to the Personalty, Fixtures, Leases, Rents, Deposit Accounts, Property Agreements, Tax Refunds, Proceeds, Insurance and Condemnation Awards.
Tax Refunds Payable The amount of collected or accrued tax revenues that will be refunded is estimated and accrued as a General Fund liability.
REQUIRED DOCUMENTS Reference Title Tier Option When to File Page 1 Eligibility Survey Page 2 Incentive Computation Schedule A Employment Calculation Schedule B Investment Calculation Schedule I Estimated Sales or Use Tax Refunds Schedule II Ownership Analysis and Distribution of Tax Credits Schedule III Changes to the Project Schedule IV Ownership Verification Statement HOW TO AMEND.
In partial consideration for the releases and other benefits provided under the Plan, WMI, the FDIC Receiver, and JPMC shall jointly direct all Tax Authorities to pay refunds of "Pre-2009 Group Taxes" (as defined in the Global Settlement Agreement) to an escrow account, the custodian of which will distribute such Tax Refunds in accordance with the terms and procedures set forth in the Global Settlement Agreement.