Controlled Groups definition

Controlled Groups has the meaning set forth in Code Section 1563.
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Controlled Groups is defined in Section 3.16(A).
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Controlled Groups means such groups as are provided for in sections 414(b) and 414(c) of the Code, as modified by section 415 of the Code where applicable.
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Examples of Controlled Groups in a sentence

  • In the case of any Consolidated or Combined State Income Tax Return originally filed after the Distribution Date, Controlled Co. shall be liable to Distributing Co. for the Controlled Group's positive Stand-Alone Tax Liability, if any, with respect to such Consolidated or Combined State Income Tax Return.

  • The annual revenues of the Independent Fiduciary Controlled Group from the Company Controlled Group in 2011 were less than five percent of the Independent Fiduciary Controlled Group's total annual revenues in that year and the annual revenues of the Independent Fiduciary Controlled Group projected to be received from the Company Controlled Group in 2012 are less than five percent of the Independent Fiduciary Controlled Group's total projected annual revenues for 2012.

  • With respect to any Distributing Co. Federal Consolidated Tax Return originally filed after the Distribution Date, Controlled Co. shall be liable to Distributing Co. for the Controlled Group's positive Stand-Alone Tax Liability, if any, with respect to such Distributing Co. Federal Consolidated Tax Return.

  • Except as otherwise expressly provided herein, Controlled shall be responsible for, and shall indemnify and hold each member of the Distributing Group harmless from and against, all Taxes attributable to any member of the Controlled Group's assets and businesses for periods commencing on or after the September 1, 2000, other than those Taxes referred to in Section 3.2 hereof.

  • With respect to any Multiemployee Plan, neither Borrower nor any of the other Loan Parties, nor any member of their respective ERISA Controlled Groups is subject to any current or potential withdrawal liability or annual withdrawal liability payments, which, individually or in the aggregate, could materially adversely affect any of such Persons.

  • Neither Borrower, the Company, nor any member of their respective ERISA Controlled Groups is subject to any present or potential liability or withdrawal liability or annual withdrawal liability payments, which, individually or in the aggregate, could materially adversely affect any of such Persons.

  • None of the Acquired Companies, any of their Subsidiaries nor any member of their respective Controlled Groups has direct or indirect liability with respect to any misclassification of any Person as an independent contractor rather than as an employee, or with respect to any employee leased from another employer.

  • Each Borrower and the members of its Controlled Groups maintain only those Defined Benefit Pension Plans and Defined Contribution Plans listed on EXHIBIT 5.11 attached hereto.

  • Neither Borrower nor any of the other Loan Parties, nor any member of their respective ERISA Controlled Groups is subject to any present or potential liability or withdrawal liability or annual withdrawal liability payments, which, individually or in the aggregate, could materially adversely affect any of such Persons.

  • No Loan Party nor any member of its Controlled Groups has ever maintained or made contributions to, or has ever been required to make contributions to, any Multiemployer Plan or any Defined Benefit Pension Plan.

Related to Controlled Groups

  • Controlled Group means all members of a controlled group of corporations or other business entities and all trades or businesses (whether or not incorporated) under common control which, together with the Borrower or any of its Subsidiaries, are treated as a single employer under Section 414 of the Code.

  • Controlled Group Member means each trade or business (whether or not incorporated) which together with any Loan Party is treated as a single employer under Sections 4001(a)(14) or 4001(b)(1) of ERISA or Sections 414(b), (c), (m) or (o) of the Code.

  • Controlled Group Liability means any and all liabilities (i) under Title IV of ERISA, (ii) under Section 302 of ERISA, (iii) under Sections 412 and 4971 of the Code, and (iv) as a result of a failure to comply with the continuation coverage requirements of Section 601 et seq. of ERISA and section 4980B of the Code.

  • Company ERISA Affiliate means all employers (whether or not incorporated) that would be treated together with the Company or any of its Subsidiaries as a “single employer” within the meaning of Section 414 of the Code.

  • CAISO Controlled Grid has the meaning set forth in the CAISO Tariff.