10) Election definition

10) Election has the meaning set forth in Section 6.05(a).
10) Election means an election described in Section 338(h)(10) of the Code with respect to Purchaser's acquisition of Shares pursuant to this Agreement. Section 338(h)(10) Election shall include any corresponding election under state or local law pursuant to which a separate election is permissible with respect to Purchaser's acquisition of Shares pursuant to this Agreement.
10) Election has the meaning set in Section 9.01(a).

Examples of 10) Election in a sentence

  • In the event the parties cannot reach agreement on the Section 338(h) (10) Election Forms, such disagreement shall be resolved by the Independent Accounting Firm.

  • Purchaser shall prepare any and all forms necessary to effectuate the Section 338(h) (10) Election (including, without limitation, Internal Revenue Service Form 8023 and any similar forms under applicable state and local income tax laws (the "Section 338 Forms")) and, to the extent possible, the Stockholders and the Purchaser shall execute as of the Closing Date, the Section 338 Forms.

  • Parent and/or Aspen Youth shall timely pay all appropriate state, federal and local taxes as a result of a Section 338(h) (10) Election.

  • Definition 10 Deadlines 10 ‘Days’ Defined 10 Procedure 10 Election of Remedy 11 ARTICLE 15 - HEALTH AND SAFETY 11 Health and Safety 11 Safety Committee.

  • The Stockholders will include any income, gain, loss, deduction or other Tax item resulting from the Section 338(h) (10) Election on their Tax returns to the extent permitted by applicable law.


More Definitions of 10) Election

10) Election shall have the meaning set forth in Section 7.14(a).
10) Election has the meaning set forth in Section 7.5 of this Agreement.
10) Election has the meaning set forth in Section 7.6(f)(i).
10) Election has the meaning set forth in section 6(b)(i) below.
10) Election shall have the meaning set forth in Section 5.19(p).
10) Election is defined in Section 5.7.
10) Election means an election for federal income tax purposes described in Section 338(h)(10) of the Internal Revenue Code with respect to the stock of the ▇▇▇▇▇ River California Sub described in this Agreement, including any elections required under Section 338(g) of the Internal Revenue Code that are required to be made under applicable law when making the Section 338(h)