Definition of Tax Reimbursement

  1. Tax Reimbursement means the amount, if any, of United States Federal corporate income tax that Seller has to pay as a result of income earned by the Company during the period commencing on November 1, 2014 and ending on the Closing.

Examples of Tax Reimbursement in a sentence

  1. Tax Reimbursement Payments shall be paid at the time specified in Section 6 hereof.
  2. From and after the Closing, the Company shall, and Buyer shall cause the Company to, at the expense of Seller, file a timely Business Equipment Tax Reimbursement (BETR) (36 M.R.S.A.
  3. Revised Valuation shall mean the excess of (i) $600 million over (ii) the product of (A) .4464 and (B) the Tax Reimbursement Amount.

Definition of Tax Reimbursement in Lease

Tax Reimbursement means with respect to each Tax Year during the Lease Term after the Base Tax Year, an amount equal to Tenant's Tax Share of the increase in Real Estate Taxes for such Tax Year over Real Estate Taxes for the Base Tax Year.


Definition of Tax Reimbursement in Stock Purchase Agreement

Tax Reimbursement means the amount, if any, of United States Federal corporate income tax that Seller has to pay as a result of income earned by the Company during the period commencing on November 1, 2014 and ending on the Closing.