DTI definition
Examples of DTI in a sentence
The Receivable Contribution shall be documented by a board resolution of DTI and a written contribution agreement between Group and DTI, each providing that the contributed receivable is treated as additional equity capital of DTI under applicable state law.
Buyer further acknowledges that DTI's inside tax attributes — including consolidated net operating loss carryforwards apportioned to DTI under Treas.
Group shall retain responsibility for filing all returns, declarations, reports, information returns and statements, and other documents relating to Taxes (including any amended returns and claims for refund) (“Tax Returns”) of Group and its Affiliates other than Tech, including the final consolidated federal income Tax Return that includes DTI for the taxable period ending on the Closing Date (the "Final Consolidated Return").
Prior to the Closing, Group shall effect the Receivable Contribution by contributing to DTI, as a capital contribution and not as a forgiveness or cancellation of debt, the intercompany receivable representing the Intercompany Balance (estimated at $56,875,185, or such amount as is outstanding as of the date of contribution).