Transition amount definition

Transition amount means the net difference between the adjusted Kentucky basis and the adjusted federal basis of all transition property determined as of the first day of the first taxable year beginning after December 31, 1993.
Transition amount means an amount which is permanently subtracted ----------------- from the numerator or added to the denominator of the Defined Contribution Fraction pursuant to transition rules related to the amendments of Code Section 415.
Transition amount means the maxi- mum division of taxes for a plan in the year in which the plan is first substantially amended to increase maximum indebtedness on or after January 1, 2010.

Examples of Transition amount in a sentence

  • Additionally, EPA encourages and anticipates, as part of this process, that states will continue to work with industry to test and provide opportunities for new technologies.

  • The Transition amount is not to exceed the per site cost price that is provided for CLIN XXXX1A.

  • The change in accounting method requires the accounting for costs incurred to date but unpaid, which is called the Transition amount.

  • Employment Transition amount to a maximum of $300 when they report an employed result.

  • Transition amount has been defined as the amount or the aggregate of the amounts adjusted in the other equity (excluding capital reserve and securities premium reserve) on the convergence date.


More Definitions of Transition amount

Transition amount means the difference between the base year assessment and the end-of-period assessment.
Transition amount as defined in Schedule 1.1(g).
Transition amount means the property taxes levied
Transition amount means the amount or the aggregate of the amounts adjusted in the other equity (excluding capital reserve and securities premium reserve) on the convergence date but not including the following:—
Transition amount means if the services provided under the Supply Agreements, the Reverse Supply Agreements, the Toll Manufacturing Agreements and the Reverse Toll Manufacturing Agreement are provided at: (i) cost as defined in the applicable Toll Manufacturing Agreement, Reverse Toll Manufacturing Agreement, Supply Agreement or Reverse Supply Agreement (with no margin applied), zero; or (ii) cost as defined in the applicable Toll Manufacturing Agreement, Reverse Toll Manufacturing Agreement, Supply Agreement or Reverse Supply Agreement plus a margin, an amount equal to such margin (on a dollar for dollar basis) that the Buyer (or its designee) or the Company (or its Affiliate), as applicable, is required to pay for the applicable period. For the avoidance of doubt, the Transition Amount does not apply to year four of Exhibit X-0 (Xxxxx –FAS Inks), Exhibit D-3 (China-Pigments), Exhibit D-4 (Gardenia) and Exhibit E-2 (Portugal).
Transition amount means, (a) until such time as the Agent shall have received satisfactory appraisals of the fixed assets of the Company, $0 and (b) on and after the date that the Agent shall have received satisfactory appraisals of the fixed assets of the Company, an amount equal to the lesser of (i) (A) the Transition Amount Advance Rate multiplied by (B) the net orderly liquidation value or fair market value, as applicable, of the appraised fixed assets and (ii) $25,000,000. If the Agent has not received satisfactory appraisals of the fixed assets of the Company on or before the first anniversary of the Closing Date, the Transition Amount shall remain at $0 through the Maturity Date. The Transition Amount shall be reduced (a) on the last day of each fiscal quarter of the Company beginning on the last day of the fiscal quarter during which the Transition Amount is determined and made available, by an amount to be determined by the Required Lenders in their commercially reasonable judgment in consultation with the Company and (b) at the time of any Asset Disposition by any Credit Party of Collateral, by an amount equal to the greater of (i) the net cash proceeds of such Asset Disposition or (ii) an amount equal to the Transaction Amount Advance Rate multiplied by the appraised value of such assets used to establish the Transition Amount.
Transition amount means the amount or the aggregate of the amounts adjusted in the