Federal Tax Lien definition

Federal Tax Lien has the meaning provided in Schedule 5.10.
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Federal Tax Lien filed against Borrower by the Internal Revenue Service on October 5, 2004, in the amount of $137,798.71. Prior Names (Section 5.5) CommunityIQ.com, Inc. JRWW, Inc. Merchant Partners.com LLC Litigatixx (Xxxxxxx 0.0) David Goldfarb (cross -cxxxxxxxxxx) v. Vista.com Issue: Fraud, Conspxxxxx xx Xxxxxud, and Indemnity and Conxxxxxxxxx Current Status: Set for trial 3/7/05 Amount: unknown but less than $100,000 Note: Any settlement payments will be adjusted out from future royalty payments to previous owners of Merchant Partners LLC. Inbound Licenses (Section 5.12) None. CORPORATION RESOLUTIONS AND INCUMBENCY CERTIFICATION AUTHORITY TO PROCURE LOANS I certify that I am the duly elected and qualified Secretary of VISTA.COM, INC.; that the following is a true and correct copy of rexxxxxxxxx duly adopted by the Board of Directors of the Corporation in accordance with its bylaws and applicable statutes. COPY OF RESOLUTIONS: Be it Resolved, That:
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Examples of Federal Tax Lien in a sentence

  • If, at any time during the term of this Agreement, there is an event of default by Customer including, but not limited to, a Federal Tax Lien filed against and attaching to the property of Customer or any of its principals, and the tax lien is satisfied to allow continued funding pursuant to this Agreement, SYSTRAN shall increase all of Customer’s Service Fee(s) by no less than one-half of one percent (0.5%) discount fee on the face of The Xxxx(s).

  • DE SOS 10/31/07 IBM Credit LLC 10/24/07 74028519 X F: Federal Tax Lien S: State Tax Lien J: Judgment Lien C: Clear 979915_1.XLS 21694.00138 FLEET RETAIL/AEROPOSTALE/MSS DELAWARE UCC Search Chart 2/14/08 Aeropostale West, Inc.

  • NY New York County 10/28/07 S: C F: Federal Tax Lien S: State Tax Lien J: Judgment Lien C: Clear 9979915_1.XLS Indebtedness None.

  • The opinions expressed above are subject in their entirety to (i) the effect of any applicable bankruptcy, insolvency, reorganization or similar laws affecting creditors' rights generally; and (ii) the rights of the United States government under the Federal Tax Lien Act of 1966, as amended; and (iii) the discretionary power of the courts to make available remedies of specific performance, injunctive relief or other equitable remedies.

  • The Company also filed a Collection Due Process Hearing request on IRS Form 12153 on May 16, 2019 in respect of a Notice of Federal Tax Lien Filing dated May 2, 2019.

  • XXX PASS PASS PASS PASS PASS PASS PASS PASS PASS PASS PASS PASS PASS PASS N/A N XXX XXX XXX XXX 271641.79 1 N 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3358.24 0 3358.24 XXX XXX XXX XXX XXX $XXX 38286 CA Yes XXX Federal Tax Lien FAIL PASS PASS PASS PASS PASS PASS PASS FAIL PASS PASS PASS PASS PASS N/A Y XXX XXX XXX XXX 292500 1 N 0 0 1 42345.5 0 0 0 144446.56 0 0 0 0 0 0 0 144446.56 144446.56 1891.91 0 1891.91 XXX XXX XXX FTLs after subject.

  • Uniform Commercial Code, Federal Tax Lien, Franchise Tax Lien, Judgment and Good Standing searches as Lender shall require with respect to the Borrower and the Guarantors.

  • Roadway, LLC JURISDICTION FILING TYPE/SEARCHED THRU FILE NUMBER/ FILE DATE DEBTOR SECURED PARTY COLLATERAL DESCRIPTION Secretary of State, Kansas FTL12/05/2013 671455407/16/2010 ROADWAY CORPORATION, a Corporation 10990 ROE AVEOVERLAND PARK, KS 66211-1213 Internal Revenue Service $10,413.73 Secretary of State, Kansas Release of FTL12/05/2013 67790103/04/2011 Release of Federal Tax Lien in the amount of $10,413.73.

  • The Lender will conduct periodic Federal Tax Lien searches of state and county records.

  • As of January 31, 2003, the Federal Tax Lien is estimated to approximate $459,325, including interest accrued from June 29, 1999 through January 31, 2003 in the amount of 108,657.00; see also Schedule 3.5. X.

Related to Federal Tax Lien

  • Federal Tax means any Tax imposed under Subtitle A of the Code.

  • Federal Tax Certificate means the Issuer's Federal Tax Certificate dated as of the Issue Date, as the same may be amended or supplemented in accordance with the provisions thereof.

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • Income Tax Return means any Tax Return relating to Income Taxes.

  • Relevant Tax Authority means HMRC, or, if applicable, the tax authority in the jurisdiction in which the Supplier is established;

  • Income Tax Returns means all Tax Returns relating to Income Taxes.

  • Tax means any tax, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of the same).

  • Assumed State and Local Tax Rate means the tax rate equal to the sum of the products of (x) the Corporation’s income tax apportionment factor for each state and local jurisdiction in which the Corporation files income or franchise tax returns for the relevant Taxable Year and (y) the highest corporate income and franchise tax rate in effect for such Taxable Year for each such state and local jurisdiction in which the Corporation files income tax returns for each relevant Taxable Year.

  • Straddle Tax Period means a Tax period that begins on or before the Closing Date and ends thereafter.

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Applicable Tax State means the State in which the Owner Trustee maintains its Corporate Trust Office, the State in which the Owner Trustee maintains its principal executive offices and the State of Michigan.

  • Applicable Tax Law means any Applicable Law relating to Taxes, including regulations and other official pronouncements of any Governmental Entity or political subdivision of such jurisdiction charged with interpreting such Applicable Law.

  • Combined Tax Return means a Tax Return filed in respect of U.S. federal, state, local or non-U.S. income Taxes for a Combined Group, or any other affiliated, consolidated, combined, unitary, fiscal unity or other group basis (including as permitted by Section 1501 of the Code) Tax Return of a Combined Group.

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • Assumed Tax Rate means the highest effective marginal combined U.S. federal, state and local income tax rate for a Fiscal Year prescribed for an individual or corporate resident in New York, New York (taking into account (a) the nondeductiblity of expenses subject to the limitation described in Section 67(a) of the Code and (b) the character (e.g., long-term or short-term capital gain or ordinary or exempt income) of the applicable income, but not taking into account the deductibility of state and local income taxes for U.S. federal income tax purposes). For the avoidance of doubt, the Assumed Tax Rate will be the same for all Partners.

  • Income Tax Act means the Income Tax Act (Canada), as amended from time to time;