Echo Group definition

Echo Group shall have the meaning set forth in the MCK TRA.
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Echo Group means (a) the consolidated U.S. federal income tax group of which Echo is the common parent (or any successor to any such group), (b) if Echo is not the common parent of a consolidated U.S. federal income tax group, each person (other than MCK and its affiliates) that owns an interest in the Company (e.g., Echo, to the extent that Echo is not the parent of a consolidated group), (c) for purposes of determining Realized Tax Benefits and Realized Tax Detriments for applicable state or local purposes, a group of companies owned directly or indirectly by Echo that together file a state or local Tax Return on an affiliated, consolidated, combined or unitary basis and (d) any Person that holds any Reference Asset and is Controlled by Echo.
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Examples of Echo Group in a sentence

  • Subject to Section 3.03, the Realized Tax Benefit or Realized Tax Detriment for each Taxable Year is intended to measure the decrease or increase in the actual liability for Taxes of the Echo Group for such Taxable Year attributable to the Transferred Basis, the Basis Adjustments and Imputed Interest determined using a “with and without” methodology.

  • Except as otherwise provided herein, the Echo shall have full responsibility for, and sole discretion over, all Tax matters concerning the Echo Group and the Company, including without limitation the preparation, filing or amending of any Tax Return and defending, contesting or settling any issue pertaining to Taxes.

  • Upon the closing of the Proposed Transaction, the trademark license agreement dated December 31, 2010 between the Company and the Joint Venture (the “Existing Trademark License Agreement”) shall be terminated and the Company and the Joint Venture shall enter into a new trademark license agreement, pursuant to which, among other things, the Joint Venture shall have the right to use the Marks (as defined in the Existing Trademark License Agreement) without the obligation to pay any royalty.