CCB Group definition
Examples of CCB Group in a sentence
If CCB shall be the sole member of the CCB Group for any year, the payment of the CCB Group Benefit to CCB pursuant to this Section 4 shall be determined as hereinbefore provided in this Section, but as if CCB had filed a separate income tax return for such year.
Any amount payable by or on behalf of CCB pursuant to this Section 2 shall be allocated among the members of the CCB Group as directed by CCB.
If TRI fails to file a Consolidated Return that includes the CCB Group for any taxable year for which CCB has made or caused to be made a payment or payments pursuant to this Section 1.3, TRI shall promptly refund such payment or payments.
Each member of the CCB Group shall be jointly and severally liable for any payments due TRI by CCB under this Agreement.
Payments made by CCB or on behalf of CCB by the CCB Subsidiaries pursuant to this Section and Section 1.3 above shall be in lieu of any other payment by the CCB Group (or any member thereof) on account of its share, if any, of the consolidated federal income tax liability of the TRI Group for such taxable year.
The portion of such CCB Group Loss (if any) that is not carried back shall be carried forward to the extent otherwise permitted by the Code in computing the liability of the CCB Group pursuant to Section 2 above.
If CCB shall be the sole member of the CCB Group for any year (or portion thereof), the payment required to be made by or on behalf of CCB pursuant to this Section 2 shall be determined as hereinbefore provided in this Section, but as if CCB had filed a separate income tax return for such year (or portion thereof).