Liability for Taxation any liability of the Company to make a payment of or in respect of Tax, whether or not the same is primarily payable by the Company and whether or not the Company has or may have any right of reimbursement against any other person or persons and also includes:
Liability for Taxation. 8.4.1 If and to the extent that the Company incurs any liability for taxation as a result of, or in connection with, the receipt of any dividend or other distribution (whether in cash or in kind), or in relation to any other right from time to time conferred by or accrued or accruing, on or with respect to any AsiaSat Shares held by the Company, the relevant liability for taxation shall be attributed to the Shareholders Entitled in proportion to the Shareholders’ respective shareholdings in the Company.
Liability for Taxation. The Purchaser shall be liable for the payment of all taxes on the land, and all improvements made thereof, from the date of this Agreement, and the Municipality undertakes to file a Real Owner Application with the Provincial Assessment Office in Xxxxxxx on his/her behalf.
Liability for Taxation which arises as a result of the relationship for Tax purposes of the Company or any Subsidiary with any person other than a member of the Purchaser’s Tax Group being a relationship that existed before Completion;
Liability for Taxation. 7.4.1 If and to the extent that the Company and/or Bidco incurs any liability for taxation as a result of, or in connection with, the receipt of any dividend or other distribution (whether in cash or in kind), or in relation to any other right from time to time conferred by or accrued or accruing, on or with respect to any AsiaSat Shares held by the Company (directly and indirectly), the relevant liability for taxation shall be attributed to the Shareholders Entitled in proportion to the Shareholders’ respective shareholdings in the Company.
Liability for Taxation. (a) a liability of the Company or any Subsidiary to make an actual payment or increased payment of, or in respect of, or on account of, Tax (Actual Liability for Taxation), in which case the amount of the Liability for Taxation shall be the amount of the actual payment or increased payment;
Liability for Taxation falling within paragraph 1.1(a) to paragraph 1.1(d) of the definition of Liability for Taxation;
Liability for Taxation. Each Limited Partner severally undertakes to pay (and consents to such payment by the withholding of distributions which would otherwise be due to it) to the Partnership or the General Partner, as the case may be, any amount which the Partnership or the General Partner is required to pay by law in respect of Taxes imposed upon the Partnership or the General Partner (including, for the avoidance of doubt, any Imputed Underpayment amount) in respect of income or profits allocated, or distributions made, to such Limited Partner (as determined by the General Partner), whether before or after any sale or transfer of such Limited Partner’s interest in the Partnership. A Limited Partner transferring its Limited Partnership Interest under Clause 8 shall remain liable for any Taxes on income and gains allocated to it prior to the transfer and any Imputed Underpayment amount allocated by the General Partner to the Limited Partner. All amounts withheld (directly or indirectly) pursuant to applicable Tax law with respect to any payment or distribution to the Partnership or the Partners, or any Taxes paid by the Partnership (directly or indirectly) with respect to the Partners, shall, in each case, be treated as amounts distributed to the Partners pursuant to this Clause 5.3 for all purposes under this Agreement. Each Partner’s obligations under this Clause 5.3 will survive the termination, liquidation, winding up and dissolution of the Partnership and will survive any partial or complete transfer or redemption of a Partner’s interest in the Partnership.
Liability for Taxation. (a) any liability of ELEQT or any Subsidiary to make a payment of or in respect of Tax, whether or not the same is primarily payable by ELEQT or the relevant Subsidiary and whether or not ELEQT or the relevant Subsidiary has or may have any right of reimbursement against any other person or persons, in which case the amount of the Liability for Taxation shall be the amount of the actual payment; and
Liability for Taxation. (a) any liability of the Company to make a payment of or in respect of Tax, whether or not the same is primarily payable by the Company and whether or not the Company has or may have any right of reimbursement against any other person or persons, in which case the amount of the Liability for Taxation shall be the amount of the actual payment; (b) the Loss of any Accounts Relief in which case the amount of the Liability for Taxation will be the amount of Tax which would (on the basis of Tax rates current at the date of such Loss) have been saved but for such Loss, assuming for this purpose that the Company had sufficient profits or was otherwise in a position to use the Relief or where the Relief is the right to repayment of Tax, the amount of the repayment; (c) the use or setting off of any Buyer’s Relief in circumstances where, but for such set off or use, the Company would have had a liability to make a payment of or in respect of Tax for which the Buyer would have been able to make a claim against the Sellers under this Tax Covenant, in which case, the amount of the Liability for Taxation shall be the amount of Tax for which the Sellers would have been liable but for such set off or utilisation; Loss: any reduction, modification, loss, counteraction, nullification, utilisation, disallowance or clawback for whatever reason; Overprovision: The amount by which any provision for tax (other than deferred tax) in the Completion Accounts is overstated, except where such overstatement arises as a result of: (a) a change in law; or (b) a change in the accounting bases on which the Company values its assets; or (c) a voluntary act or omission of the Buyer, which, in each case, occurs after Completion;
