CLC Group definition

CLC Group shall have the meaning set forth in Section 1.3.
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Examples of CLC Group in a sentence

  • The parties agree that, to the extent permitted by applicable law and regulations, they will make all Federal Income Tax computations with respect to the Pre-Closing Period ending on the relevant Deconsolidation Date and the immediately following taxable period of CNI Group and/or CLC Group, as the case may, pursuant to the ratable allocation method (as specified in Treas.

  • Seller shall not make any election to reattribute losses with respect to the CNI Group or CLC Group under Treas.

  • Seller shall allocate alternative minimum tax credits, if any, to CNI Group and CLC Group in accordance with Proposed Regulation SECTION 1.1502-55.

  • Delaware FleetCor Technologies Operating Company, LLC Georgia FleetCor Funding, LLC Delaware CFN Holding Co. Delaware CLC Group, Inc.

  • SECTION 1.1502-20(g), without the prior written consent of Buyer; provided, further, that no losses with respect to the CNI Group or CLC Group that are attributable to a Post-Closing Period shall be carried to any Pre-Closing Period.

  • Promptly after the Closing, the Company shall cause FTOC to acquire all of the remaining issued and outstanding capital stock of CLC Group pursuant to the terms and conditions set forth in the Stock Purchase Agreement by and among FleetCor Technologies Operating Company, LLC, CLC Group and the seller parties listed on the signature pages thereto (the “CLC Group Purchase Agreement”), substantially in the form attached hereto as Exhibit F.

  • Seller shall allocate alternative minimum tax credits, if any, to CNI Group and CLC Group in accordance with Proposed Regulation ss.

  • The parties to the CLC Group Purchase Agreement shall be ready, willing, able and obligated to effect the transactions contemplated thereby on the terms and conditions contemplated therein immediately following the Closing, and such transactions shall be consummated immediately following the Closing on such terms and conditions, without waiver or amendment by the Company.

  • The consolidated financial statements (including the related notes thereto) of the Company and its subsidiaries and CLC Group, Inc.

  • Thus, the amount of any alternative minimum tax credits allocable to CNI Group and/or CLC Group and not utilized with respect to Pre-Closing Periods will be allocated to CNI Group and/or CLC Group as of the Deconsolidation Date.

Related to CLC Group

  • NCLC Group shall have the meaning ascribed to it in Clause 11.4.

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.

  • the Group means the Company and its subsidiary undertakings (if any); and

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • Target Group means the Target and its Subsidiaries.