Final Determination

Final Determination. In the case of a judicial proceeding a final judgment by a Nevada Court that is binding upon the Indemnitee and not capable of further appeal or, in the case of an arbitration, the final award of the arbitrator as filed in the Nevada Court, that is binding upon the Indemnitee and not capable of further appeal.

Final Determination. Means the final resolution of liability for any Tax for any taxable period, including any related interest or penalties, by or as a result of (i) a final and unappealable decision, judgment, decree or other order by any court of competent jurisdiction, (ii) a closing agreement or accepted offer in compromise under Section 7121 or 7122 of the Code, or comparable agreement under the laws of other jurisdictions which resolves the entire Tax liability for any taxable period, (iii) any allowance of... a refund or credit in respect of an overpayment of Tax, but only after the expiration of all periods during which such refund may be recovered by the jurisdiction imposing the Tax, or (iv) any other final disposition. View More

Final Determination. A final decision or resolution of a matter binding on the Parties as determined by a Court, an arbitrator, mediator or by agreement of the Parties.