Intercompany Transaction definition

Intercompany Transaction means a transaction between two members of the same combined group.

Intercompany Transaction means any Account, Chattel Paper, General Intangible, Instrument, Document or other Indebtedness or obligation arising from business done with or for, or Indebtedness owed between or among, the subject Person and any Subsidiary or Affiliate of such Person.

Intercompany Transaction has the meaning set forth in Treasury ------------------------ Regulation 1.1502-13 in effect on or after July 12, 1995.

Examples of Intercompany Transaction in a sentence

• Nothing in this Interim Order shall modify or impair the ability of any party in interest to contest how the Debtors account, including, without limitation, the validity or amount set forth in such accounting for any Intercompany Transaction or Intercompany Balance.

• Indeed, during these cases, the Debtors intend to segregate and separately track postpetition Intercompany Transactions and include a detailed accounting of such Intercompany Transaction in the Debtors’ monthly operating reports.

• Neither the Intercompany Transaction regulations nor the Preambles to the regulations address the intended scope of the term “realizes .

• The Debtors also expressly reserve any and all rights to contest the validity, priority, or status of any prepetition Intercompany Balance or any Intercompany Transaction from which such Intercompany Balance may have arisen is expressly reserved.

• All postpetition payments from a Debtor to another Debtor under any postpetition Intercompany Transaction are hereby accorded superpriority administrative expense status and shall have priority over any administrative claims that arise under section 503(b) of the Bankruptcy Code.

More Definitions of Intercompany Transaction

Intercompany Transaction means any Indebtedness or obligation arising from business done with or for, or Indebtedness owed between or among, Credit Parties or any Affiliate thereof.

Intercompany Transaction has the meaning set forth in Reg. Section 1.1502-13.

Intercompany Transaction has the meaning set forth in Treasury Regulation § 1.1502 13.

Intercompany Transaction means, as used in Section 4.4(j)(iv) hereof in relation to adjustments relating to the payment of a dividend, a transaction involving Sovereign and its Affiliates and/or Travelocity and its Affiliates, whether characterized as a dividend or another type of transaction, that is effected for a substantial business purpose of Sovereign and its Affiliates or Travelocity and its Affiliates and not for the purpose of transferring value from Travelocity for the benefit of the Majority Stockholders, as reasonably determined by the Board in good faith. For purposes of illustration, and not by way of limitation, a dividend or other transaction would be considered to be paid in connection with an Intercompany Transaction if it is paid incident to the satisfaction of obligations under a tax sharing or similar agreement.

Intercompany Transaction has the meaning set forth in Section 1.1502-13 of the U.S. Department of Treasury regulations promulgated under the Code.

Intercompany Transaction has the meaning set forth in Treas. Reg. Section 1.1502-13.

Intercompany Transaction or “excess loss account” within the meaning of Treasury Regulations promulgated under Section 1502 of the Code (or any similar provision of state, local or foreign Law) arising on or prior to the Closing Date; (vi) improper method of accounting used on or prior to the Closing Date; or (vii) prepaid income or deferred revenue received or accrued outside the ordinary course of business on or prior to the Closing Date;