Consolidated Return. The Seller Entities shall cause the Company to be included in the consolidated Income Tax Returns of the Parent Consolidated Group for all periods ending on or prior to the Closing Date for which the Company is required or permitted to be so included and shall pay the Taxes attributable to such Tax Returns. The Seller Entities shall cause to be prepared and timely filed any other federal, state, foreign or local Income Tax Return required or permitted to be filed by the Company for all periods ending on or prior to the Closing Date and pay the Taxes attributable to such Tax Returns. Any such Income Tax Returns that include periods ending on or before the Closing Date shall, insofar as they relate to the Company, be on a basis consistent with the last previous such Tax Returns filed with respect to the Company (based on a closing of the Company books), unless the Buyer or the Seller Entities conclude that there is no reasonable basis for such position under applicable law. Neither the Seller Entities nor the Company (prior to the Closing Date) shall file or cause to be filed any amended Tax Return or claims for refund or settle any audit with respect to the Company without the prior written consent of the Buyer, which consent shall not be unreasonably withheld or delayed. Neither the Buyer nor the Company (after the Closing Date) shall file or cause to be filed any amended Tax Return or claims for refund with respect to any period ending on or before the Closing Date without the prior written consent of the Seller Entities, which consent shall not be unreasonably withheld or delayed.
Consolidated Return. Parent and its includible subsidiaries, including the Subsidiaries, have elected to file consolidated state income tax returns for the taxable period ending December 31, 1997, and for any subsequent taxable period for which the Consolidated Group is permitted to file a consolidated state income tax return. Each of the Subsidiaries agree to file such consents and other documents and to take such action as may be necessary to carry out the purposes and provisions of this paragraph.
Consolidated Return consolidated group," "taxable year," "carryback," and similar terms used herein and bearing on federal income tax liability shall have the respective meanings ascribed to them in the Code and the Treasury Regulations thereunder, and, where applicable, specifically the provisions thereof relating to consolidated federal income tax returns. For state, local, or foreign tax purposes, such terms shall be interpreted and applied in a manner so as to achieve as nearly as possible the intention reflected herein with respect to the federal income tax.
Consolidated Return. Borrower and Trans Leasing are members of an affiliated group within the meaning of section 1504 of the Code which has filed, and will continue to file, a consolidated return for federal income tax purposes at all times until the termination of this Agreement and satisfaction in full of all Obligations of Borrower hereunder.
Consolidated Return. Consolidated Return" means any Tax Return with respect to United States federal Income Taxes filed on a consolidated basis wherein New NTL and one or more New NTL Affiliates join in the filing of such Tax Return (for any taxable period or portion thereof) with Euroco and one or more Euroco Affiliates.
Consolidated Return. The Issuer is a member of an affiliated group with Trendwest within the meaning of Section 1504 of the Code and will file a consolidated return with Trendwest for federal income tax purposes at all times until after the termination of this Indenture.
Consolidated Return. The Issuer is not a member of an affiliated group with TFI or Trendwest within the meaning of Section 1504 of the Code and will not file a consolidated return with either of TFI or Trendwest for federal income tax purposes at any time until after the termination of this Indenture.
Consolidated Return. As used in this paragraph 10, the term "Lessor" shall include any successor or assign of Lessor and an, member of an affiliated group of which Lessor is, or may become, a member if consolidated, joint or combined returns are filed for such affiliated group for federal, state or local income tax purposes.
Consolidated Return. From and after the date hereof, Isis will file a consolidated Tax Return with respect to itself and Ibis in lieu of separate Tax Returns with respect to income Tax imposed by Chapter 1 of the Code for each Tax year beginning on or after January 1, 2008 through and including the Closing unless the provisions of the Code shall have been amended after the date hereof to disallow the filing of such consolidated Tax Returns. In the event of an Internal Revenue Service audit of Isis arising out or related to the consolidation of Ibis and Isis in such consolidated Tax Return, Isis will promptly (but in any event within [***] notify AMI of such audit and allow AMI to participate and advise Ibis and Isis in connection with such audit.