Taxed Party definition

Taxed Party has the meaning specified in § 13.5 (Termination for New Tax);
Taxed Party has the meaning set forth in Section 8.6.
Taxed Party has the meaning specified in § 14.8 (Termination for New Tax); “Terminating Party” has the meaning specified in § 10.3 (Termination for Material Reason); “Termination Amount” has the meaning specified in § 11.1 (Termination Amount);

Examples of Taxed Party in a sentence

  • Upon request from a Borrower, the Taxed Party claiming payment of Indemnified Taxes under the provisions of this Section shall provide such Borrower with such information and documentation as such Borrower may reasonably request.

  • The Obligor Party shall pay to the Taxed Party upon demand, all expenses (including penalties and interest) incurred by the Taxed Partyin protesting payment and in endeavoring to obtain such refund.

  • With respect to any of such Indemnified Taxes, the relevant Borrower shall make any required payment thereof within the time allowed under applicable Law and, within 15 days thereafter, shall furnish to the Administrative Agent and any Taxed Party evidence of such payment together with such certificates, receipts and other documents as may be available to establish any Tax credit to which such Taxed Party may be entitled.

  • The federal government shall confer upon the constituent states a portion of its revenue from indirect taxation as provided for by special majority law.

  • Every element of this figure can be linked to a different phase of the research and thus a chapter of this research thesis.

  • If claim is made against either Party (the “Taxed Party”)for any taxes for which the other Party is liable hereunder (the “Obligor Party”), the Taxed Party shall not pay except under protest, and if payment be made, shall use all reasonable effort to obtain a refund thereof at the expense of the Obligor Party.

  • With respect to any of such Indemnified Taxes, the Guarantors shall make any required payment thereof within the time allowed under applicable Law and, within 15 days thereafter, shall furnish to the Administrative Agent and any Taxed Party evidence of such payment together with such certificates, receipts and other documents as may be available to establish any Tax credit to which such Taxed Party may be entitled.

  • If the Taxed Partyis nevertheless required to pay taxes for which the Obligor Party is liable hereunder, the Obligor Party shall, promptly upon presentation of Taxed Party invoice for the Obligor Party taxes, pay to the Taxed Party, or furnish to the Taxed Partyevidence of exemption therefrom, any Obligor Party taxes legally assessed or levied by any governmental authority against the Taxed Party in connection with this Agreement.

  • Dependingonthedurationofthetransfer,continuetochecktheirtemperatureandkeeprecordsinastandardformatuntiltheyjointheirship(see appendix).

  • If such Taxed Party shall determine subsequently that, for any reason, the amount of such credit or benefit has directly or indirectly been reduced, the Borrowers solidarily covenant and agree to pay, upon the request of such Taxed Party accompanied by evidence of such reduction, to such Taxed Party an amount equal to the amount of such reduction.


More Definitions of Taxed Party

Taxed Party has the meaning ascribed to it in Section 18.1;
Taxed Party shall have the meaning ascribed to it in Section 6.1; and “this Agreement”, “this Guarantee”, “this “Guarantee and Subordination Agreement”, “these presents”, “herein”, “hereby”, “hereunder”, “hereof” and similar expressions refer to this guarantee and subordination agreement and include any and every deed or instrument which is supplemental or ancillary hereto or in implementation hereof, the whole as same may be amended, supplemented or restated at any time and from time to time. SCHEDULE CPAGE 1 GUARANTEE AND SUBORDINATION AGREEMENT SCHEDULE “C” ACCESSION CERTIFICATE for a guarantor NATIONAL BANK OF CANADA AS ADMINISTRATIVE AGENT 0000 Xxxxxxxx Xxxxxx 0xx xxxxx Xxxxxxxx, Xxxxxx X0X 0X0 Gentlemen: We refer you to the guarantee and subordination agreement entered into as of , 2012 among, inter alios, National Bank of Canada, as Administrative Agent, CGI Group Inc., as Cdn Borrower and Guarantor, and the other Guarantors set forth in Schedule “A” thereto from time to time (the said agreement, as may be amended, supplemented, restated, replaced or otherwise modified from time to time is hereinafter referred to as the “Guarantee and Subordination Agreement”). Unless otherwise defined herein or unless there be something in the subject or the context inconsistent therewith, all capitalized terms and expressions used herein shall have the same meaning ascribed to them, directly or by reference, from time to time in the Guarantee and Subordination Agreement. Pursuant to the provisions of Section 5.1 of the Guarantee and Subordination Agreement, we hereby notify you of our desire to become a party to the Guarantee and Subordination Agreement as a Guarantor, such accession thereto shall be effective as of and from Note 1. In that regard, you will find attached hereto the documents contemplated in subsection 5.1.2 of the Guarantee and Subordination Agreement. We hereby acknowledge and agree that as of and from Note 1, we shall for all purposes of the Guarantee and Subordination Agreement, be a Guarantor and party to the Guarantee and Subordination Agreement and shall have all the rights and obligations of a Guarantor under the Guarantee and Subordination Agreement and shall be entitled to the benefit of, and be bound by the provisions thereof, to the same extent as if we were an original party thereto. Furthermore, we hereby acknowledge having taken cognizance (y) of the Guarantee and Subordination Agreement and consent and agree to be bound by the terms and condit...
Taxed Party ha s the me an in g spec ifie d in § 13.5 (Termination for New Tax);
Taxed Party has the meaning specified in paragraph 7.5 (Renegotiations for New Tax);
Taxed Party has the meaning set out in Clause 17.2 (Tax Credits);
Taxed Party has the meaning set forth in Section 8.4(c). [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Related to Taxed Party

  • Covered Party has the meaning assigned to it in Section 9.21.

  • Billed Party means the recipient Party of a bill rendered from the Billing Party.

  • casual taxable person means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in the taxable territory where he has no fixed place of business;

  • Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).

  • Tax Indemnitee as defined in Section 3.01(5).

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Interested Party means a person:

  • Qualifying Party means (a) an Additional Limited Partner; (b) an Immediate Family Member, or a lending institution as the pledgee of a Pledge, who is the transferee in a permitted transfer pursuant to Section 11.3; or (c) a Substituted Limited Partner succeeding to all or part of the Limited Partner Interest of (i) an Additional Limited Partner or (ii) an Immediate Family Member, or a lending institution who is the pledgee of a Pledge, who is the transferee in a permitted transfer pursuant to Section 11.3.

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • Tax means any tax, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of the same).

  • input tax , in relation to a vendor, means—

  • Affected Person means a SEF applicant whose admission application is declined or is conditioned or a Person whose status as a Participant is terminated as set forth in Rule 303(e).

  • Affected Party has the meaning specified in Section 5(b).

  • Taxing Authority means any governmental authority or any subdivision, agency, commission or entity thereof or any quasi-governmental or private body having jurisdiction over the assessment, determination, collection or imposition of any Tax (including the IRS).

  • Taxing entity means any county, city, town, school district, special taxing

  • Designated Party means any person listed:

  • Taxable means either:

  • requested Party means the Contracting Party requested to provide information; n) the term “information gathering measures” means laws and administrative or judicial procedures that enable a Contracting Party to obtain and provide the requested information;

  • Participating Party means an enterprise or public body that has committed itself to reaching certain objectives under a voluntary agreement, or is covered by a national regulatory policy instrument;

  • Terminated Party As defined in Section 7.01(c) of this Agreement.

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

  • Tax Detriment means any item of income, gain, recapture of credit or any other Tax Item which increases Taxes paid or payable.

  • Disputing Party has the meaning specified in Paragraph 5.

  • Intended parent means an individual who entered into a gestational agreement providing that the individual will be the parent of a child born to a woman by means of assisted reproduction, including an individual who has a genetic relationship with the child.

  • Affected Persons means persons who, on account of an involuntary taking of land under the Project, had or would have their: (a) standard of living adversely affected; or (b) right, title or interest in any house, land (including premises, agricultural and grazing land) or any other fixed or movable asset acquired or possessed, temporarily or permanently; or (c) access to productive assets adversely affected, temporarily or permanently; or (d) business, occupation, work or place of residence or habitat adversely affected, temporarily or permanently; and “Affected Person” means any of the Affected Persons.

  • Buyer Party means each of (i) the Buyer and (ii) each Affiliate of the Buyer that is a party to a Transaction Agreement.