PerformanceBased Exception

Example Definitions of "PerformanceBased Exception"
PerformanceBased Exception. Means the performance-based exception, set forth in Section 162(m)(4)(c) of the Code, from the deductibility limitations of Section 162(m) of the Code.
PerformanceBased Exception. Means the performance-based exception from the tax deductibility limitation imposed by Code Section 162(m), as set forth in Code Section 162(m)(4)(C).
All Definitions