Tax Estimation Period definition

Tax Estimation Period means each period from January 1 through March 31, from April 1 through May 31, from June 1 through August 31, and from September 1 through December 31 of each Taxable Year.
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Tax Estimation Period means each period (determined without regard to any prior periods) for which an estimate of corporate federal income tax liability is required to be made under the Code.
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Tax Estimation Period means (i) January, February and March (ii) April and May, (iii) June, July and August, and (iv) September, October, November and December of each year during the term of the Company, or other periods for which estimates of individual federal income tax liability are required to be made under the Code, provided that the Company's first Tax Estimation Period shall begin on the Effective Date of this Agreement.
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Examples of Tax Estimation Period in a sentence

  • Tax distributions pursuant to this Section 3.1 with respect to each Tax Estimation Period shall be made to the Members in proportion to the Current Net Positive Allocable Income in such Tax Estimation Period that is allocable to them based on their entitlement to distributions pursuant to Section 3.2(b).

  • Tax distributions pursuant to this Section 3.2 with respect to each Tax Estimation Period shall be made to the Members in proportion to the Current Net Positive Allocable Income in such Tax Estimation Period that is allocable to them.


More Definitions of Tax Estimation Period

Tax Estimation Period has the meaning set forth in Section 4.1(d)(iii).
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Tax Estimation Period means (A) in the event that the Board elects to make quarterly tax distributions, (i) January, February and March, (ii) April and May, (iii) June, July and August, and (iv) September, October, November and December of each year during the term of the LLC, or other periods for which estimates of individual federal income tax liability are required to be made under the Code, and (B) in the event that the Board elects to make annual tax distributions, each fiscal year of the LLC; provided, that, the LLC’s first Tax Estimation Period shall begin on the Effective Date of this Agreement.
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Tax Estimation Period means (i) January, February and March, (ii) April and May, (iii) June, July and August, and (iv) September, October, November and December of each year during the term of the Company, or other periods for which estimates of individual federal income tax liability are required to be made under the Code. If available cash, as determined by the Board, is insufficient to pay all of the Tax Distribution Amounts due hereunder, then each Member’s share thereof shall be reduced by a pro rata amount based on the ratio of such Member’s Tax Distribution Amount to all Members’ Tax Distribution Amounts. Distributions to a Member under this Section 6(a) shall not be treated as advances against, nor reduce by any amount, any distributions that would otherwise be due such Member under the applicable provisions of Section 6(b) or other applicable provisions of this Agreement relating to distributions.
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Tax Estimation Period means (a) January, February and March, (b) April and May,
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Tax Estimation Period means each period from January 1 through March 31, from April 1 through May 31, from June 1 through August 31, and from September 1 through December 31 of each Taxable Year. “Tax Receivable Agreements” mean the Tax Receivable Agreements dated September 14, 2021, among the Company, Managing Member and the other parties from time to time party thereto, as amended and/or restated from time to time. “Taxable Year” means the Company’s accounting period for federal income tax purposes determined pursuant to Section 8.2. “Tax Matters Member” has the meaning set forth in Section 8.3. “Trading Day” means a day on which the New York Stock Exchange or such other principal United States securities exchange on which the Class A Common Stock is listed, quoted or admitted to trading and is open for the transaction of business (unless such trading shall have been suspended for the entire day). “Transfer” has the meaning set forth in Section 9.1(a). “Transferor’s Owner” has the meaning set forth Section 9.1(c)(ii). “Treasury Regulations” means the income tax regulations promulgated under the Code, as amended. “TSG Members” means Dutch Holdings LLC, TSG7 A AIV VI, LLC and their respective Permitted Transferees. “TSG Majority Interest” means the approval by the TSG Members holding, directly or indirectly, a majority of the aggregate Units then held by all of the TSG Members.
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Related to Tax Estimation Period

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Allocation Period means (a) the period commencing on February 10, 2016 and ending on December 31, 2016, (b) any subsequent period commencing on January 1 and ending on the following December 31, or (c) any portion of the period described in clause (a) or (b) for which the Partnership is required to allocate Net Profits, Net Losses, and other items of Partnership income, gain, loss or deduction pursuant to ARTICLE IV.

  • Determination Period means each period from (and including) a Determination Date to (but excluding) the next Determination Date (including, where either the Interest Commencement Date or the final Interest Payment Date is not a Determination Date, the period commencing on the first Determination Date prior to, and ending on the first Determination Date falling after, such date); and

  • Tax Limitation Period means the Tax Years for which the Applicant’s Qualified Property is subject to the Tax Limitation Amount and as further identified in Section 2.3.D of this Agreement.

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Reconciliation Period is each calendar month.

  • Base Year means the period set forth in Section 5 of the Summary.

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Current year means the financial year, which has already commenced, but not yet ended;

  • Objection Period has the meaning set forth in Section 2.4(d).

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Claim Period means the time period during which Settlement Class Members may submit a Claim Form to the Settlement Administrator for review. The Claim Period shall run for a period of time ordered by the Court, and last at least one-hundred and twenty (120) calendar days from the date of the first publication of the Summary Settlement Notice or Class Notice, whether online, via print publication, or via press release, whichever is earlier.

  • Proration Month means the month for which capacity is to be allocated under Item 7.

  • Accounting Year means the financial year commencing from the first day of April of any calendar year and ending on the thirty-first day of March of the next calendar year;