curative definition

curative allocations from dispositions of contributed property (within the meaning of Treasury Regulations Section 1.704-3(c)(3)(iii)(B)).
curative allocations which offset the effect of the “ceiling rule” for a prior fiscal year (within the meaning of Treasury Regulations Section 1.704-3(c)(3)(ii)); and
curative allocations from disposition of contributed property (within the meaning of Regulation Section 1.704-3(c)(3)(iii)(B). Allocations pursuant to this Section 5.6 are solely for purposes of federal, state, and local taxes and shall not affect, or in any way be taken into account in computing, any Member's Capital Account or share of Profits, Losses, other items, or distributions (other than Tax Distributions) pursuant to any provision of this Agreement.

More Definitions of curative

curative allocations which offset the effect of the "ceiling rule" for a prior Taxable Year (within the meaning of Regulation Section 1.704-3(c)(3)(ii) and "curative" allocations from disposition of contributed property (within the meaning of Regulation Section 1.704-3(c)(3)(iii)(B). Allocations pursuant to this Section 5.6 are solely for purposes of federal, state, and local taxes and shall not affect, or in any way be taken into account in computing, any Member's Capital Account or share of Profits, Losses, other items, or distributions (other than Tax Distributions) pursuant to any provision of this Agreement.
curative remedial action means a remedial action which is applied after a contingency occurs;
curative means, collectively, Curative Health Services, Inc., and CHS Services, Inc.
curative means, with respect to any Adverse Environmental Condition, the undertaking and completion of those actions and activities necessary to remediate such Adverse Environmental Condition to the degree necessary such that such Adverse Environmental Condition no longer constitutes an Adverse Environmental Condition as defined above. KMG shall promptly notify W&T at such time as it believes an Adverse Environmental Condition has been cured. W&T shall promptly notify KMG of whether it agrees such condition is cured. If W&T fails to notify KMG of its determination with respect to such cure within seven (7) days following receipt of KMG’s notice, such Adverse Environmental Condition shall be deemed cured. If KMG and W&T are unable to agree that an Adverse Environmental Condition has been cured, after having attempted in good faith to resolve the disagreement by negotiation between management level persons having authority to resolve the disagreement, then the disputed matter shall be submitted to the Environmental Referee, whose decision will be binding on both parties.
curative means Curative Health Services, Inc.
curative allocations which offset the effect of the "ceiling rule" for a prior taxable year (within the meaning of Treasury Regulation Section 1.704-3(c)(3)(ii)) and (ii) "curative" allocations from the disposition of contributed property (within the meaning of Treasury Regulation Section 1.704-3(c)(3)(iii)(B)). The foregoing allocations made pursuant to this Section 10.2(b) shall be as determined by the board of managers in accordance with any permissible method under Section 704(c) of the Code and any applicable Treasury Regulations thereunder.
curative allocations from dispositions of contributed property (within the meaning of Regulations Section 1.704- 3(c)(3)(iii)(B)). To the extent permitted by the Code and Regulations, the tax matters partner, in the exercise of its discretion and with the consent of WECC, may elect or not elect, with respect to amortization of all "section 197 intangibles" (as defined in the Code) contributed to the Partnership by WECC (directly or indirectly through the General Partner) curative allocations if such allocations are permissible, and if such curative allocations are not permissible, then remedial allocations.