Tax Payments definition
Examples of Tax Payments in a sentence
The Company shall make all such Total Tax Payments in the amounts and on the dates specified above, whether or not any such Total Tax Payment is billed by the Agency, the Affected Tax Jurisdictions, or any other party.
If a lesser Total Tax Payment is determined in any proceeding or by subsequent agreement of the parties, the Total Tax Payment shall be re-computed and any excess payment shall be refunded to the Company or, in the Agency's sole discretion, such excess payment shall be applied as a credit against the next succeeding Total Tax Payment(s).
If a lesser Total Tax Payment per MWac is determined in any proceeding or by subsequent agreement of the parties, the Total Tax Payment shall be re-computed and any excess payment shall be refunded to the Company or, in the Agency's sole discretion, such excess payment shall be applied as a credit against the next succeeding Total Tax Payment(s).
Further, to the extent that the Company is required by law to discharge a legal obligation of the Company by making payments (“Tax Payments”) to a governmental authority in respect of any federal, state or local tax liability arising as a result of a Member’s interest in the Company, the Manager may deem some or all of the aggregate amount of such Tax Payments to have been paid as a dividend for all purposes under the Agreement to such Member.