the AMT definition

the AMT means the asset management threshold (see paragraph 4);
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Examples of the AMT in a sentence

  • If the LNC Consolidated Group is required to pay Alternative Minimum Tax ("AMT") for any taxable quarter, then the AMT amount shall be divided among all of the corporations in the LNC Consolidated Group which would have had to pay AMT if their tax liability had been calculated on a separate return basis.

  • We authorise the AMT to carry out, under the direction of the Alliance Manager, the functions listed in Part 2 of Schedule 8 (Functions of ALT, AMT and Alliance Manager).

  • The Integrated Project Team is created upon the establishment of the AMT and comprises the members of the AMT, the Alliance Manager and those people who the AMT appoints, from time to time, to the Integrated Project Team.

  • This method generally allocates (i) any AMT paid by the Group based on the relative separate adjusted AMT of each Member and (ii) the minimum tax credit ("AMTC") on the basis of the AMT previously assigned to such Member and assuming that AMTC is utilized on a "first in/first out" methodology, and that to the extent that AMTC arising in one year is not fully utilized, such AMTC is utilized proportionately by the Members previously assigned AMT for that year.

  • This Agreement, together with the Sponsored Research Agreement and the AMT Technology License Agreement between the Parties executed concurrently herewith, constitutes the entire agreement between the Parties with respect to the subject matter and supersedes all prior agreements or understandings between the Parties relating to its subject matter.

  • The RTA Interface Manager may attend any meetings of the AMT as an observer.

  • The allocation method should be based upon the portion of tax preferences, adjustments, and other items generated by each group member which causes the AMT to be applicable at the consolidated level.

  • It is anticipated that the Commission will remit to the County the sales tax proceeds of the AMT for the second quarter of 2021 no later than August 31, 2021 (the “2nd Quarter Proceeds”).

  • If the ALT determines that any Materials or Construction Plant with a salvageable or inherent value is to be removed, relocated or salvaged from the Site or Rail Infrastructure then, subject to all appropriate approvals being obtained, the ALT shall direct the AMT to relocate or salvage the material, plant or equipment.

  • The Parties agree to review the split of the proceeds from the AMT with the Commission annually.