Net Taxes definition

Net Taxes means Gross Taxes minus amounts set aside to pay Administrative Expenses. “Nominee” shall mean the nominee of the Depository, which may be the Depository, as

Net Taxes means the amount of all Gross Taxes minus the Administrative Expense Requirement.

Net Taxes means Special Taxes less Administrative Expenses.

Examples of Net Taxes in a sentence

• Other margin improvement initiatives • Remainder of savings in Global Lottery and Corporate support expense CapEx P&L 20 Accelerated Cash Conversion Drives Robust Free Cash Flow Net Net Debt Debt Net 7,354 7,382 Net Debt 133 Debt 169 7,243 41 7,074 366 59 226 (98) (204) (831) $610 net cash provided by operating activities 9/30/19 12/31/19 Adjusted Interest Income Other Cash CapEx Dividends Minorities Other Before FX 9/30/20 @ 1.09 @ 1.12 EBITDA (Net) Taxes from Ops.

• In the event any such notice of disagreement is timely provided, Parent and the Representative shall use commercially reasonable efforts for a period of 30 days (or such longer period as they may mutually agree) to resolve any disagreements with respect to the preparation of the Closing Balance Sheet and/or the calculation of Closing Net Working Capital and/or Closing Net Taxes Payable or the Closing Statement of Indebtedness and/or calculation of Closing Indebtedness, as the case may be.

• Each Warrant shall have an exercise price per share of $8.17 (as such price may be adjusted from time to time as shall result from the adjustments specified in Section 4 of such Warrant) and shall expire as provided in such Warrant.

• If the Estimated Net Taxes Payable is equal to or less than the Target Net Taxes Payable, no adjustment will be made to the Initial Merger Consideration for Estimated Net Taxes Payable.

• In addition, if the Estimated Net Taxes Payable is greater than Two Hundred Fifty Thousand Dollars ($250,000) (the “Target Net Taxes Payable” ), then the Initial Merger Consideration payable at the Closing pursuant to Sections 1.4 and 1.9(b) shall also be reduced by an amount equal to the amount by which the Estimated Net Taxes Payable exceeds the Target Net Taxes Payable (the “Estimated Excess Net Taxes Payable” ).

More Definitions of Net Taxes

Net Taxes means Gross Taxes minus amounts set aside to pay Administrative Expenses. “Ordinance” means Ordinance No. 3481 adopted by the legislative body of the District on February 25, 2020, as amended from time to time.

Net Taxes means Gross Taxes minus the Administrative Expenses in an amount not to exceed the Administrative Expenses Cap.

Net Taxes means Gross Taxes minus amounts set aside to pay Administrative Expenses up to the Administrative Expenses Cap.

Net Taxes means the amount of all Gross Taxes minus Administrative Expenses up to the Administrative Expense Requirement.

Net Taxes means the taxes charged and payable for a tax year. In the case of a school district or a joint vocational school district, the net taxes of a prior year equal the taxes charged and payable for that year after the reductions required under section 319.301 of the Revised Code, including any adjustment required for the district under division (E) of that section and paragraph (E) or (F) of this rule. In the case of a tax levy for which an estimated tax reduction factor is used pursuant to division (H) of section 319.301 of the Revised Code and paragraph (A) of rule 5703-25-48 of the Administrative Code, the net taxes of a prior year excludes the amount of taxes attributable to any portion of the tax reduction factors used in that year to adjust for an overpayment or underpayment of taxes in the second preceding year caused by the use of such estimated factors.

Net Taxes means Gross Taxes minus the Administrative Expenses Cap.

Net Taxes shall consist of the taxes actually paid by such Seller in connection with the receipt of the Purchaser Shares hereunder, as adjusted for any tax benefits which are reasonably probable of being realized by such Seller as a result of such personal liability. Notwithstanding anything set forth herein to the contrary, the Founders' Escrow Shares shall be used solely to compensate the Indemnified Parties, or any of them, for any claims by such Indemnified Parties for any Blenda Losses suffered or incurred by them, and not for any xxxxx Losses, and be deemed not to constitute a part of the Escrow Fund for any other purpose. Nothing herein shall limit the liability of the Company for any breach or inaccuracy of any representation, warranty or covenant contained in this Agreement if the Share Purchase does not close. Purchaser may not receive any compensation for any Loss unless and until one or more Officer's Certificates (as defined below) identifying Losses in excess of $750,000 in the aggregate (the "Basket Amount") has or have been delivered to the Escrow Agent as provided in Section 8.3(d) hereof, in which case Purchaser shall be entitled to recover all Losses so identified. Notwithstanding the foregoing, Purchaser shall be entitled to receive payments out of the Escrow Fund for, and the Basket Amount shall not apply as a threshold to any and all claims or payments made with respect to breaches of the representations and warranties of the Company and the Sellers contained in Sections 2.2, 2.21 and 3.2 or with respect to any Blenda Losses.