Tax Reimbursement Amount definition

Tax Reimbursement Amount is defined in Section 8.6.

Tax Reimbursement Amount has the meaning set forth in Section 3.02(c)(i)(A).

Tax Reimbursement Amount means an amount equal to (1) the excess of Actual Income Taxes over Hypothetical Income Taxes plus (2) an additional amount to compensate Executive in respect of the Income Taxes payable in respect thereof, as described in Section 2(a) hereof.

Examples of Tax Reimbursement Amount in a sentence

• The determination of the Excise Tax Reimbursement Amount shall initially be made by the accounting firm that is serving as the Company's independent public accountants immediately prior to the date of termination of the Executive's employment, or, if such accounting firm is no longer in existence, by its successor.

• Within ten (10) days after final determination of the Personal Property Tax Reimbursement Amount (whether by Purchaser's failure to object, agreement of the Parties or determination by the Independent Auditors), Purchaser will pay the Personal Property Tax Reimbursement Amount by wire transfer of immediately available funds to the account(s) designated by Seller.

• If a redetermination of the Tax Reimbursement Amount results in a greater Tax Reimbursement Amount being due, Company will pay to Executive the amount of such increase within ten business days after Company is notified in writing of such increase.

• Notwithstanding the foregoing, the ------------------------ Company shall pay to DEI an amount equal to thirty (35%) percent of the pretax income of the Company and the Subsidiaries for the period beginning January 1, 1997 and ending on the Closing Date (the "Tax Reimbursement Amount").

• For each applicable taxable year, Company will pay to Executive the Tax Reimbursement Amount (net of any advances that Company may have made to Executive) within five business days after Company receives a written notice from Executive stating that the Tax Accountant Firm has determined that a Tax Reimbursement Amount is due to Executive for the applicable tax year and notifying Company the amount of the Tax Reimbursement Amount for the taxable year.

More Definitions of Tax Reimbursement Amount

Tax Reimbursement Amount has the meaning set forth in Section 5.8.

Tax Reimbursement Amount has the meaning set forth in Section 11.3(j).

Tax Reimbursement Amount shall have the meaning set forth in §9.2.

Tax Reimbursement Amount has the meaning ascribed to it in Section 7.6 of the Agreement.

Tax Reimbursement Amount means the First Tax Reimbursement Amount or the Second Tax Reimbursement Amount, as applicable.

Tax Reimbursement Amount has the meaning assigned in Section 2.9(2)(a).

Tax Reimbursement Amount with respect to the Joint Ventures, means the product of (i) the Tax Rate and (ii) the Net Taxable Amount as of the Tax Distribution Date.