Blocker Corporations definition

Blocker Corporations means the following corporations to be acquired by the Company or a wholly-owned Subsidiary of the Company in connection with the Closing Date Acquisition pursuant to the Closing Date Acquisition Documents: (a) SP GE VIII-B Progressive Blocker Corp., a Delaware corporation, and (b) SP SD IV-B Progressive Blocker Corp., a Delaware corporation.
Blocker Corporations means the following Persons: [***].
Blocker Corporations means LTS BF VII-A Blocker and LTS BF VIII-A Blocker.

Examples of Blocker Corporations in a sentence

  • Brunson, Repatriating Tax-Exempt Investments: Tax Havens, Blocker Corporations, and Unrelated Debt-Financed Income, 106 NW.

  • The parties hereto further acknowledge that the Blocker Corporations may have certain tax attributes at the time of such Blocker Merger to which Parent could inherit in the Blocker Merger under the Code or similar provisions of U.S. federal, state or local and foreign tax law arising from basis adjustments pursuant to Section 743 of the Code and the regulations thereunder.

  • This option is discussed in Norman Silber and John Wei, The Use of Foreign Blocker Corporations by U.S. Nonprofits: Should Blockers be Blocked?, Hofstra Law, Legal Studies Research Paper No. 2016-04, October 28, 2016, available at https://ssrn.com/abstract=2860107.

  • Blocker Corporations to Avoid UBITA method by which tax-exempt organizations can legally avoid paying UBIT on hedge fund investments is through the use of a blocker corporation.

  • SkyTerra shall have entered into binding agreements to acquire (x) all of the equity of MSV Investors, LLC not currently owned, directly or indirectly, by SkyTerra and (y) 100% of the MSV LP Units and MSV GP Shares held by the Columbia/Spectrum Blocker Corporations, in each case, such acquisition to occur no later than one day after the Initial Closing Date.

  • Each Member shall be permitted to implement any internal restructuring of any affiliated Blocker Corporations and special purpose vehicles so that any Blocker Corporation becomes a direct owner of Units and to facilitate the sale described in this Section 14.2.

  • Brunson, Repatriating Tax-Exempt Investments: Tax Havens, Blocker Corporations, and Unrelated Debt-Financed Income, 106 Nw. U.

  • If an Exchange or Reorganization Transaction subsequently occurs with respect to Units (including Units held by Blocker Corporations) for which the Corporation has exercised its termination rights under this Section 4.1(a) and paid all amounts owed in connection with the exercise of such rights, the Corporation shall have no obligations under this Agreement with respect to such Exchange or Reorganization Transaction.

  • The General Partner will cause each ECI Blocker Partner, FIRPTA Blocker Partner and UBTI Blocker Partner to participate in each applicable Portfolio Company through one or more Blocker Corporations.

  • SkyTerra shall have taken all actions necessary to consummate the Closing under each of the exchange agreements between SkyTerra and each of Other Blocker Corporations.


More Definitions of Blocker Corporations

Blocker Corporations means Blocker One, Blocker Two, Blocker Three, Blocker Four, Blocker Five, Blocker Six, Blocker Seven, Blocker Eight, and Blocker Nine, collectively.
Blocker Corporations shall have the meaning set forth in the preamble hereto.
Blocker Corporations means Blocker One, Blocker Two, Blocker Three, and Blocker Four, collectively.
Blocker Corporations means TCP Blocker Corporation and the GI Blocker Corporations.
Blocker Corporations means Local TV A, Local TV B, LTV A, LTV B, LTV C and LTV D.
Blocker Corporations has the meaning set forth in the recitals hereto.

Related to Blocker Corporations

  • Affiliated group of corporations means an affiliated group as defined in section 1504 of the Internal Revenue Code, except that, if such a group includes at least one incumbent local exchange carrier that is primarily engaged in the business of providing local exchange telephone service in this state, the affiliated group shall not include any incumbent local exchange carrier that would otherwise be included in the group.

  • Public corporation means a county, city, village, township, port district, drainage district, special assessment district, or metropolitan district of this state, or a board, commission, or another authority or agency created by or under an act of the legislature of this state.

  • Amalgamating Corporations means both of them;

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • MergerSub has the meaning set forth in the Preamble.

  • Constituent Corporations has the meaning set forth in the second recital of this Agreement.

  • Corporation means a corporation, association, company, joint-stock company or business trust.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Foreign nonprofit corporation means an entity:

  • Constituent corporation means any corporation which engages with the Company, its Parent or any Subsidiary in a transaction to which Section 424(a) of the Code applies (or would apply if the option assumed or substituted were an ISO), or any Parent or any Subsidiary of such corporation.

  • Mutual housing corporation means a corporation not-for-profit,

  • of a corporation means all classes of Capital Stock of such corporation then outstanding and normally entitled to vote in the election of directors.

  • Blocker has the meaning set forth in the preamble.

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • Corporations means the corporations identified on Schedule 1 hereto.

  • Gas Corporation means the body corporate established by section 4 of the Gas Corporation Act 1994;

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • existing company means a company formed and registered under any of the previous companies laws…”

  • Surviving Company has the meaning set forth in Section 2.1.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Domestic Corporation means an entity that is treated as a corporation for United States federal income tax purposes and is a U.S. Tax Person.

  • Foreign corporation means a corporation for profit incorporated under a law other than the law of this state.

  • Generating Company means any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person, which owns or operates or maintains a generating station;

  • Business Corporations Act means the Business Corporations Act (British Columbia) from time to time in force and all amendments thereto and includes all regulations and amendments thereto made pursuant to that Act;