Carrybacks definition

Carrybacks shall have the meaning set forth in Section 9.3(e).
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Carrybacks as defined in Section 4.3 of this Agreement.
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Examples of Carrybacks in a sentence

  • Except to the extent otherwise consented to by Parent or prohibited by applicable law, SpinCo shall elect to relinquish, waive or otherwise forgo all Carrybacks.

  • Each Company shall pay the other Company for Carrybacks in accordance with Section 4.2(e).

  • Except to the extent otherwise consented to by Parent or prohibited by applicable law, each Spinco shall elect to relinquish, waive or otherwise forgo all Carrybacks.

  • Tax refunds or other Tax Benefits resulting from Carrybacks with respect to Separate Company Returns, and Tax refunds, Tax Benefits and reallocations of Consolidated or Combined Tax liabilities resulting from Carrybacks to Consolidated or Combined Tax Returns, shall be paid, credited and/or allocated in accordance with, and otherwise shall be subject to, the provisions of Section 5.04(d).

  • Except to the extent otherwise consented to by Parent or prohibited by applicable Law, Match shall elect to relinquish, waive or otherwise forgo all Carrybacks.

  • Section 2.1. TFMC Separate Returns and Joint Returns 3 Section 2.2. TEN Separate Returns 3 Section 2.3. Tax Reporting Practices 4 Section 2.4. TEN Carrybacks and Claims for Refund 5 Section 2.5. Apportionment of Tax Attributes 5 Section 2.6 Certain UK Tax Provisions.

  • Except to the extent otherwise consented to by FMC or prohibited by applicable law, Subsidiary shall elect to relinquish, waive or otherwise forgo all Carrybacks.

  • Except to the extent otherwise consented to by Parent or prohibited by applicable law, SpinCo and each other member of the SpinCo Group shall elect to relinquish, waive or otherwise forgo all Carrybacks.

  • AMO shall notify Allergan promptly of the existence of any items of deduction, loss or credit (the "Carrybacks") arising in a Post-Closing Taxable Year that may be carried back to a Pre-Closing Taxable Period or Straddle Period of the Allergan Group or any Pre-Distribution Member if AMO would like to utilize such Carrybacks.

  • Except to the extent otherwise consented to by TriMas or as prohibited by applicable law, Horizon and each other member of the Horizon Group shall elect to relinquish, waive or otherwise forgo all Carrybacks to a Combined Return.

Related to Carrybacks

  • Carryback means any net operating loss, net capital loss, excess tax credit, or other similar Tax item which may or must be carried from one Tax Period to another Tax Period under the Code or other applicable Tax Law.

  • Tax Credits means any and all (a) investment tax credits, (b) production tax credits and (c) similar tax credits or grants under federal, state or local law relating to the construction, ownership or production of energy from the System.

  • Tax Attribute means a net operating loss, net capital loss, unused investment credit, unused foreign tax credit, excess charitable contribution, general business credit or any other Tax Item that could reduce a Tax.

  • Tax Attributes means net operating losses, capital losses, tax credit carryovers, earnings and profits, foreign tax credit carryovers, overall foreign losses, previously taxed income, tax bases, separate limitation losses and any other losses, deductions, credits or other comparable items that could affect a Tax liability for a past or future taxable period.

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.