Valuation Assumption definition
Valuation Assumption means the assumption that (i) in the Final Year, Charter has generated an amount of taxable income that is sufficient to use any net operating losses resulting in the first eight taxable years from amortization and depreciation deductions attributable to the Basis Step Up but not giving rise to a payment for a Tax Benefit and (ii) in each taxable year following the Final Year, Charter will generate an amount of taxable income that is sufficient to use any amortization and depreciation deductions attributable to any remaining Basis Step Up.
Valuation Assumption means an assumption or estimate of future events (e.g., future death rates and investment income rates) that includes a margin for adverse deviations and is used in calculating the actuarial liabilities.