Chargeable Events definition

Chargeable Events means the transactions set out in Part 2, Condition 2.12.
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Chargeable Events means the transactions set out in Part 8, Condition 8.11.
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Chargeable Events are a means by which investment profits on life assurance policies are taxed. Prior to March 1989, these were not of great significance to policies owned by companies but have since become more important. Broadly speaking, a ‘chargeable event’ occurs when the benefits of a plan become payable. The chargeable events are:
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Examples of Chargeable Events in a sentence

  • Exemption from Irish Tax Arising on Chargeable Events The Company will not be subject to Irish tax on gains arising on chargeable events where: (a) in the case of Shareholders who are Resident in Ireland or Ordinarily Resident in Ireland, they are Exempt Irish Investors; or (b) in the case of Shareholders who are not Resident in Ireland, they are Exempt Non-Resident Investors.

  • Tax, currently at the rate of 25%, will be required to be deducted by the Company in respect of Chargeable Events where the Shareholder is a company.

  • Irish Taxation Chargeable Events The ICAV will only be subject to tax on chargeable events in respect of Shareholders who are Taxable Irish Persons.

  • Income and Expenditure for Free Events should be coded to the Community Groups’ FREE cost centre, whilst Income and Expenditure for Chargeable Events should be coded to the Community Groups’ CHG cost centre to ensure the correct VAT treatment is undertaken.

  • In the case of Chargeable Events other than a Chargeable Event arising on a transfer or the ending of a Relevant Period, any tax arising is deducted from the relevant payments to the Unit Holders.

  • Retail sales at its three principal shopping malls outperformed the generally soft market, and these centres remain fully let.

  • No tax will arise on the Company in respect of Chargeable Events in respect of a Shareholder who is neither Irish resident nor Irish ordinarily resident at the time of the Chargeable Event provided that a Relevant Declaration in the form authorised by the Irish tax authorities is in place.

  • Within the switch environment it is not practical to assume that all Chargeable Events correctly create CDRs or other Service Usage records.

  • The appraisal of the processes and systems which generate non-Service Usage (i.e. “non-call”) Chargeable Events will identify the key controls that give the necessary confidence for event generation and billing accuracy.

  • Such a cancellation may also give rise to a Chargeable Event.No Irish tax will arise in respect of a Chargeable Events where (a) the Shareholder is neither resident nor ordinarily resident in Ireland and has made the necessary declaration to that effect or, (b) the Shareholder is an Exempt Irish Shareholder as defined below and has made the necessary declaration to that effect.


More Definitions of Chargeable Events

Chargeable Events means the transactions set out in Part 8, Condition 8.10.
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Related to Chargeable Events

  • Chargeable Event means, in relation to the Awards:

  • Taxable Event means any change in control or other event which triggers the imposition of any Excise Tax on any Payment.

  • CAISO Penalties means any fees, liabilities, assessments, or similar charges assessed by the CAISO for (a) violation of the CAISO Tariff and all applicable protocols, WECC rules or CAISO operating instructions or orders or (b) as a result of Seller’s failure to follow Prudent Electrical Practices. “CAISO Penalties” do not include the costs and charges related to Scheduling and imbalances as addressed in Section 14.1 of this Agreement.

  • Statutory Penalties are those amounts awarded as a penalty, but are fixed in amount by statute.

  • Reportable Event means any of the events set forth in Section 4043(c) of ERISA, other than events for which the 30 day notice period has been waived.

  • criminal tax matters means tax matters involving intentional conduct whether before or after the entry into force of this Agreement which is liable to prosecution under the criminal laws of the requesting Party;

  • ERISA means the Employee Retirement Income Security Act of 1974, as amended.

  • PAGA Penalties means the total amount of PAGA civil penalties to be paid from the Gross Settlement Amount, allocated seventy-five percent (75%) to the LWDA and the twenty-five percent (25%) to the Aggrieved Employees in settlement of PAGA claims.

  • Allowable emissions means the emission rate of a stationary source calculated using both the maximum rated capacity of the source, unless the source is subject to federally enforceable limits which restrict the operating rate or hours of operation, and the most stringent of the following:

  • Penalties means the amounts to be deducted from payments

  • Baseline actual emissions means the rate of emissions, in tons per year, of a regulated NSR pollutant, as determined in accordance with paragraphs (i) through (iv) of this definition.

  • Prohibited Transactions means a personal securities transaction prohibited by this Code.

  • Environmental, Health and Safety Liabilities means any cost, damages, expense, liability, obligation or other responsibility arising from or under Environmental Law or Occupational Safety and Health Law and consisting of or relating to:

  • Projected actual emissions means the maximum annual rate, in tons per year, at which an existing emissions unit is projected to emit a regulated NSR pollutant in any one of the 5 years (12-month period) following the date the unit resumes regular operation after the project, or in any one of the 10 years following that date, if the project involves increasing the emissions unit’s design capacity or its potential to emit that regulated NSR pollutant, and full utilization of the unit would result in a significant emissions increase, or a significant net emissions increase at the major stationary source.

  • Actual emissions means the actual rate of emissions in tpy of any regulated pollutant (for fee calculation) emitted from a Part 71 source over the preceding calendar year. Actual emissions shall be calculated using each emissions unit’s actual operating hours, production rates, in-place control equipment, and types of materials processed, stored, or combusted during the preceding calendar year.

  • CRD IV Directive means Directive 2013/36/EU on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms of the European Parliament and of the Council of 26 June 2013, as the same may be amended or replaced from time to time.

  • Enforcement Expenses shall include all reasonable attorneys’ fees, court costs, transcript costs, fees of experts, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, and all other out-of-pocket disbursements or expenses of the types customarily incurred in connection with an action to enforce indemnification or advancement rights, or an appeal from such action. Expenses, however, shall not include fees, salaries, wages or benefits owed to Indemnitee.

  • Liquidation Process Regulations means, the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations 2016 as amended from time to time;

  • Enforcement Costs means court expenses, reasonable attorney fees of the attorney general, and other reasonable expenses of an executive department that are incurred in relation to enforcement under this part.

  • Environmental Liabilities and Costs means all liabilities, monetary obligations, Remedial Actions, losses, damages, punitive damages, consequential damages, treble damages, costs and expenses (including all reasonable fees, disbursements and expenses of counsel, experts, or consultants, and costs of investigation and feasibility studies), fines, penalties, sanctions, and interest incurred as a result of any claim or demand by any Governmental Authority or any third party, and which relate to any Environmental Action.

  • PBGC means the Pension Benefit Guaranty Corporation.

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • ERISA Funding Rules the rules regarding minimum required contributions (including any installment payment thereof) to Pension Plans, as set forth in Section 412 of the Code and Section 302 of ERISA, with respect to Plan years ending prior to the effective date of the Pension Protection Act of 2006, and thereafter, as set forth in Sections 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA.

  • Controlled Group Liability means any and all liabilities (i) under Title IV of ERISA, (ii) under Section 302 of ERISA, (iii) under Sections 412 and 4971 of the Code, and (iv) as a result of a failure to comply with the continuation coverage requirements of Section 601 et seq. of ERISA and Section 4980B of the Code.

  • Loss Adjustment Expenses means all costs and expenses incurred by the Company in the investigation, adjustment and settlement of claims. Loss adjustment expenses include third-party costs as well as the Company’s internal expenses, including salaries and expenses of loss management personnel and certain administrative costs.