MLTN Standard definition

MLTN Standard means a position in law and fact that has at least a more-likely-than-not level of support, or to the extent either (i) such jurisdiction or (ii) the applicable tax position does not adopt tax position comfort levels, then to the extent permitted by applicable Law.
View Source
MLTN Standard means a position in Law and fact that has more-likely-than- not (or higher) level of support. “Multiemployer Plan” shall have the meaning set forth in Section (3)(37) of ERISA. “Multiple Employer Plan” shall have the meaning set forth in Section 4001(a)(3) of ERISA and Section 413(c) of the Internal Revenue Code. “Multiple Employer Welfare Arrangement” shall have the meaning described in Section 413(c) of the Internal Revenue Code. “Net Working Capital” shall mean an amount equal to the total book value of the Current Assets minus the total book value of the Current Liabilities, as reflected on the Reference Closing Statement, the Estimated Closing Statement, the Preliminary Closing Statement or the Final Closing Statement, as the case may be. For clarity, the Net Working Capital shall be calculated after giving effect to the settlement of all intercompany accounts pursuant to Section 5.6. “Non-China JV-Related Companies” shall mean the JV Company, HH-ALI (Hong Kong) Limited, and ALI Korea Co., Ltd. “Notary” shall mean Dentons Europe LLP, Amsterdam branch, or such other civil law notary (notaris) (or such notary’s substitute) as ▇▇▇▇▇ and Seller agree in writing. “Open Source Software” shall mean any Software that is distributed as “free software” or “open source software” (as such terms are commonly understood in the software industry), subject to any license meeting the open source definition (as currently promulgated by the Open Source Initiative) or the free software definition (as currently promulgated by the Free Software Foundation), or any substantially similar license, including any license that requires, as a condition of use, modification or distribution of Software, that such Software or modifications or
View Source

Examples of MLTN Standard in a sentence

  • Each such Seller Return shall be prepared in a manner consistent with the Group Companies’ past practice except as otherwise required by Law applying an MLTN Standard or as otherwise required by this Agreement.

  • Any Transaction Deductions shall be reflected in the portion of any Straddle Period ending at the end of the Closing Date to the extent permitted by applicable Law applying a MLTN Standard.

  • To the maximum extent permitted by applicable Law applying an MLTN Standard, any deductions attributable to the payment or accrual of the Transaction Expenses or attributable to the repayment of any Indebtedness shall be reported on applicable income Tax Returns solely as income Tax deductions of the Group Companies for a Pre-Closing Tax Period and shall not be treated or reported as income Tax deductions for a taxable period (or portion thereof) beginning after the Closing Date.

  • Each such Buyer Return shall be prepared in a manner consistent with the past practices of the Group Companies except as otherwise required by Law applying an MLTN Standard or as otherwise required by this Agreement.