ADSP has the meaning set forth in Section 5.4(i)(ii).
ADSP means the aggregate deemed sales price at which the Company, or a subsidiary of the Company, as applicable, is deemed to have sold its assets for Tax purposes as a result of a Section 338(h)(10) Election;
ADSP has the meaning set forth in Section 14.4.
Examples of ADSP in a sentence
This section provides rules under section 338(a)(1) to determine the aggregate deemed sale price (ADSP) for target.
General principles of tax law apply in determining the timing and amount of the elements of ADSP.(ii) Redetermination of ADSP.
Thus, $10,000 of ADSP is allocated to the cash and $10,000 to the actively traded securities.
Accordingly, ADSP is not redetermined at the time of the reduction.
ADSP is the amount for which old target is deemed to have sold all of its assets in the deemed asset sale.
More Definitions of ADSP
ADSP has the meaning set forth in Section 6.1(d).
ADSP means the “assumed deemed selling price” within the meaning of Treasury Regulations Section 1.338-4.
ADSP shall have the meaning set forth in Section 7.14(c).
ADSP has the meaning specified in Section 10.2.
ADSP is defined in Section 11.2(b).
ADSP shall have the meaning set out in paragraph 11.2 of this Schedule.
ADSP has the meaning set forth in Section 5.12(g)(iii).