DCG Group definition

DCG Group means, for U.S. federal tax purposes, the affiliated group (within the meaning of Section 1504(a) of the Code) filing a consolidated return of which DCG (or any successor corporation) is the common parent, and for state and local tax purposes, DCG and/or any subsidiaries of DCG (direct or indirect and past, current or future) includible in a group filing a Combined Return or GSO-DCG Combined Return, as the case may be.
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Examples of DCG Group in a sentence

  • For example, a current PubCo Combined Group tax loss which DCG is able to utilize currently on an DCG Group Combined Return, will be refunded by DCG to PubCo at such time when the PubCo Combined Group is able to utilize that loss as either a carryforward or carryback on a proforma return.

  • DCG, at its expense, will prepare the final DCG Group returns or estimated tax filings utilizing the data and proforma filings submitted by PubCo (as adjusted or modified pursuant to this ‎Section 4.01 or ‎Section 4.02) and by DCG’s other includible subsidiaries, and thereafter DCG will submit such returns or filings directly to the appropriate taxing authority.

  • In accordance with any state and/or local tax examination conducted of the DCG Group in which a PubCo Group member was a member of the Combined Return, PubCo and the applicable PubCo Group member or members will cooperate fully with DCG and/or its representatives to provide any additional tax data, requested documentation, physical access, and/or financial information which, in the discretion of DCG, is necessary to provide to governmental personnel.

  • Notwithstanding ‎Section 6.01 of this Agreement, DCG is entitled to fully utilize currently any tax attributes arising from a PubCo Combined Group proforma return on the corresponding DCG Group Combined Return, and DCG will separately track whether that tax attribute may be carried back or carried forward on an DCG Group-wide basis.

  • PubCo shall not be entitled to receive copies of, or access to, the DCG Group’s Combined Returns or any other Tax Return of the DCG Group.

  • This agreement shall be binding on and inure to the benefit of any successor, by merger, acquisition of assets or otherwise, to any current or future member of the DCG Group, the PubCo Group and/or the GSO Group (including, but not limited to, any successor to such a member succeeding to the tax attributes of such member under Section 381 of the Code), to the same extent as if such successor had been an original party hereto.

  • PubCo agrees to provide to DCG upon its reasonable request any and all financial, tax and other documents and data relating to any PubCo Group member that is necessary in order to allow DCG to develop filing methodologies, tax planning opportunities and overall tax strategies for the DCG Group.

  • DCG will have the sole authority, to be exercised in good faith, to select and close such tax examinations for all state and/or local DCG Group Combined Returns.