COC Tax definition
Examples of COC Tax in a sentence
To the extent that the aggregate amount of Company COC Tax actually paid by Parent and the Surviving Corporation (other than amounts erroneously paid by Parent, the Company or the Surviving Corporation, and other than amounts for which payment is not required upon the filing of prescribed documentation or other information) exceeds the aggregate amount set forth on Section 3.11(b) of the Company Disclosure Letter, such excess shall be treated as a “Loss” for purposes of Section 9.2(a).
Parent and the Surviving Corporation shall pay to the federal, state, local, foreign or other taxing authority all COC Tax, provided, that to the extent such payment includes Company COC Withholding with respect to a COC Stock Payment, such withholding shall be made from any transfer of shares of Parent Common Stock otherwise required to be made pursuant to Section 5.14.