Loss Member definition

Loss Member means a Member which has losses.
Sample 1Sample 2Sample 3
Loss Member means a Member whose losses and/or credits have resulted in Tax Savings for one or more Members.
Sample 1Sample 2
Loss Member means a Member that for the relevant Taxable Year lacks positive Taxable Income.
Sample 1

Examples of Loss Member in a sentence

  • All Payments to a New York Company as a Loss Member shall be recorded on such New York Company’s books as contributed surplus.

  • Once a Loss Member is paid for the utilization of its Losses, the Loss Member cannot use such Losses in the calculation of its Separate Federal Income Tax Liability.

  • Section 1.1552-1(a)(2)(ii), as if the Loss Member had filed a separate return for such fiscal year as its first separate return year and allocated to such separate return year carryover and carryback items of consolidated net operating loss, consolidated net capital loss, consolidated unused investment credit, consolidated unused foreign tax credit, and consolidated excess charitable contributions under the provisions of Treas.

  • At that point the strategic interaction becomes a waiting game to determine who incurs the burden of providing the public good.

  • The Parent shall then pay to each Loss Member its allocable share of the total of the additional amounts due from the Profit Members.

  • Department of Agriculture, 116 M.S.P.R. 319, ¶ 5 (2011).In accordance with the September 25, 2012 Opinion and Order, the agency submitted evidence that it had reconstructed the bidding process and offered the appellant a choice of two letter carrier routes.

  • With respect to payment of Tax Savings to Loss Members, IE shall pay to each Loss Member such Loss Member's allocable share of the total Tax Savings.

  • Whenever the terms "Accident", "Accidental Property Damage", "Loss", "Member Insured", "Multiple", "Policy Year", "Premium" and "Retrospective Premium Adjustment" are used in this Policy with both capitalization and reference to this Policy, the Other Insurance Policies, or Other Member Insurance Policies, they shall refer to the defined meanings given such terms in this Policy, the Other Insurance Policies the Other Member Insurance Policies, respectively and to which they so refer.

  • In the event a vacancy occurs among those elected by a Deanery, the Deanery shall elect a qualified person for the unexpired term of the seat vacated.

  • The liability of a Tax Savings Member to pay the amount of its Tax Savings to Xxxxxxx shall be represented on the books of such Tax Savings Member as an account payable, and the right of a Loss Member to receive payments of Tax Savings from Xxxxxxx shall be represented on the books of such Loss Member as an account receivable.


More Definitions of Loss Member

Loss Member means any loss, liability, claim, damage, cost or expense. means each member of the Lessor (or any successor or assign of such member).
Sample 1

Related to Loss Member

  • Class Member means a member of the Class.

  • Settlement Class Member means a member of a Settlement Class.

  • Class Members means all individuals in the Settlement Class, including the Class Representatives.

  • Settlement Class Members means a Person(s) who falls within the definition of the Settlement Class.

  • appointed member means a member referred to in section 5(1)(a) or (b);

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Participating Class Member means a Class Member who does not submit a valid and timely Request for Exclusion from the Settlement.

  • Panel Member ’ means a member of a panel;

  • Potential Member means an individual who meets the eligibility requirements to enroll in the Oregon Health Plan but has not yet enrolled with a specific PHP or CCO.

  • Covered Person means: (a) any officer, director, shareholder, partner, member, representative, employee or agent of (i) the Trust or (ii) the Trust's Affiliates; and (b) any Holder of Securities.

  • Participating member means an eligible employee who elects to participate in the defined contribution retirement plan established under this chapter.

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Bank Member means Standard Chartered PLC or any of its Affiliates and "Group" means all Bank Members.

  • Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

  • Non-Participating Class Member means any Class Member who opts out of the Settlement by sending the Administrator a valid and timely Request for Exclusion.

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • Faculty Member means any person hired by the college or District to conduct classroom or teaching activities or who is otherwise considered by the college to be a member of faculty.

  • Covered Persons has the meaning set forth in Section 20(a).

  • Non-Lead Sponsor means the Note A-2 Holder in its capacity as the sponsor with respect to the Non-Lead Securitization Note in connection with the Non-Lead Securitization.

  • Claims Agent means Kurtzman Carson Consultants LLC.

  • Voting Member means a Member holding one or more Voting Shares.

  • of a Member means the salary corresponding in any given year to a full-time appointment at the member's rank and step, as set out for that year in Schedule A.

  • Respondent means an individual who has been reported to be the perpetrator of conduct that could constitute sexual harassment.

  • Member Director means a Director elected or appointed pursuant to section 8(2)(a) of the Act and Section 5.02;

  • Director or officer means any of the following:

  • Principal of a state contractor or prospective state contractor means (i) any individual who is a member of the board of directors of, or has an ownership interest of five per cent or more in, a state contractor or prospective state contractor, which is a business entity, except for an individual who is a member of the board of directors of a nonprofit organization, (ii) an individual who is employed by a state contractor or prospective state contractor, which is a business entity, as president, treasurer or executive vice president, (iii) an individual who is the chief executive officer of a state contractor or prospective state contractor, which is not a business entity, or if a state contractor or prospective state contractor has no such officer, then the officer who duly possesses comparable powers and duties, (iv) an officer or an employee of any state contractor or prospective state contractor who has managerial or discretionary responsibilities with respect to a state contract, (v) the spouse or a dependent child who is eighteen years of age or older of an individual described in this subparagraph, or (vi) a political committee established or controlled by an individual described in this subparagraph or the business entity or nonprofit organization that is the state contractor or prospective state contractor.