Tax Sharing Payments definition

Tax Sharing Payments means those payments received by the Borrower from its Subsidiaries as a result of the Tax Sharing Agreement.
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Tax Sharing Payments means payments made by one or more members of the Borrower Group to Affiliates in amounts not exceeding (in the aggregate, for all members of the Borrower Group) the United States federal, state and local income and franchise taxes that would have been payable by the Borrower Group for taxable periods beginning on or after February 4, 1996, if the members of the Borrower Group were not members of consolidated, combined or unitary group with The Limited and its other subsidiaries, taking into consideration all post- February 3, 1996 carry-forwards, deductions and credits that would have been available to the members of the Borrower Group under such circumstances, and provided that such payments are not made in advance of the times that such income and franchise taxes would have been so payable by the members of the Borrower Group; provided that the amount of such payments shall not be
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Tax Sharing Payments shall have the meaning assigned to such term in Section 6.13.
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Examples of Tax Sharing Payments in a sentence

  • A certified copy of all agreements related to the Permitted Tax Sharing Payments.

  • Notwithstanding anything to the contrary, no duplicative Tax Sharing Payments, such as payments in respect of annual Taxes already reflected in previous payments in respect of estimated Taxes, shall be required to be made.

  • Without limiting the generality of the foregoing, the Members and the Company shall reasonably cooperate with respect to the determination of the Company’s responsibility for Taxes of a Tax Group under this Section 7.1(a)(vi) and in effecting Tax Sharing Payments.

  • Tax Sharing Payments The Agency has entered into tax sharing agreements with the County of Fresno and the Fresno County Library District that provide for the Agency to allocate to the County and the Library 100 percent of the County's and Library’s share of the taxes attributable to the one-percent increment levy on the Original Area.

  • If the Estimated Tax Sharing Payments paid to UtiliCorp for any taxable year exceed the amount of the liability under the preceding sentence, UtiliCorp shall refund such excess to Aquila within 45 days after completion of the Aquila Pro Forma Return.

  • Tax Sharing Payments shall be made by payment to (or from, as applicable) the Member that is the common parent (or whose direct or indirect owner is the common parent) of the relevant Tax Group, or, at the request of such Member in the case of a positive Tax Sharing Amount, by direct payment to the relevant Tax authority or to the common parent of the Tax Group.

  • Subordinate Tax Sharing Payments have been deducted from Total Tax Revenues.[Remainder of Page Intentionally Left Blank] TABLE NO.

  • In addition, such Tax Sharing Payments shall not be restructured or otherwise refinanced with Indebtedness of the Borrower or its Subsidiaries.

  • This EIA regime, unlike the South African one, was not mandatory.

  • Calculation of Tax Sharing Payments and Resolution of Disputes.......


More Definitions of Tax Sharing Payments

Tax Sharing Payments has the meaning set forth in Exhibit A."
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Tax Sharing Payments means, for any period, the aggregate amount of cash payments made by Holdings and the Company to Security Capital pursuant to the Tax Sharing Agreement for tax liabilities for such period.
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Tax Sharing Payments means all payments required to be made by the Company or DEI pursuant to the Tax Sharing Agreement.
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Tax Sharing Payments shall have the meaning specified in the recitals hereto.
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Tax Sharing Payments are hereby added to Section 1.01 of the Credit Agreement to read in their entirety as follows:
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Related to Tax Sharing Payments

  • Tax Sharing Arrangement means any written or unwritten agreement or arrangement for the allocation or payment of Tax liabilities or payment for Tax benefits with respect to a consolidated, combined or unitary Tax Return which includes the Company.

  • Tax Sharing Agreement means any Tax indemnity agreement, Tax sharing agreement, Tax allocation agreement or similar contract or arrangement, whether written or unwritten (including, without limitation, any such agreement, contract or arrangement included in any purchase or sale agreement, merger agreement, joint venture agreement or other document).

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • Tax Sharing Agreements means all existing agreements or arrangements (whether or not written) binding the Company or any of its Subsidiaries that provide for the allocation, apportionment, sharing or assignment of any Tax liability or benefit, or the transfer or assignment of income, revenues, receipts, or gains for the purpose of determining any Person’s Tax liability.

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • Termination Payments means any payment or distribution of Compensation or benefits made pursuant to Section 4.1(a)-(c) of this Agreement.

  • Tax Allocations means the allocations set forth in paragraph 4 of Exhibit B.

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • recurring payments “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. Refunds to your account How refunds can happen We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. Risks when receiving refunds The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • Total After-Tax Payments means the total of all “parachute payments” (as that term is defined in Section 280G(b)(2) of the Code) made to or for the benefit of the Executive (whether made hereunder or otherwise), after reduction for all applicable federal taxes (including, without limitation, the tax described in Section 4999 of the Code).

  • Tax roll means a permanent record of the taxes charged on property, as extended

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Transaction Payroll Taxes means the employer portion of any payroll or employment Taxes incurred or accrued with respect to any bonuses, option exercises, payments to employee stock option holders or other compensatory payments made in connection with the transactions contemplated by this Agreement.

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Termination Payment means the payment amount equal to the sum of (a) and (b), where (a) is the Settlement Amount and (b) is the sum of all amounts owed by the Defaulting Party to the Non-Defaulting Party under this Agreement, less any amounts owed by the Non-Defaulting Party to the Defaulting Party determined as of the Early Termination Date.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • After-Tax Contributions means amounts withheld from an Employee's Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Tax Benefit Payment is defined in Section 3.1(b) of this Agreement.

  • Tax Indemnity means the indemnity in respect of certain Taxation matters referred to in clause 10;

  • Tax Refunds means refunds of any Cash paid by the Participating CCAA Parties on account of Taxes, refunded to such Participating CCAA Parties from time to time by the applicable Taxing Authorities;

  • Payroll Taxes means State Unemployment Insurance (“SUI”), Federal Unemployment Insurance (“FUI”) and payments pursuant to the Federal Insurance Contributions Act (“FICA”).

  • Tax Distribution has the meaning set forth in Section 4.4.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • tax dues means the tax payable under this Act and does not include interest, fee and penalty; and