NOL definition

NOL means net operating loss.

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NOL means a net operating loss as computed for federal income tax purposes under Section 172 of the Code and utilized by the SEACOR Consolidated Group.

NOL means any net operating loss carry forward (prejuizo fiscal with respect to the IRPJ, and any base de cálculo negativa de CSLL with respect to the CSLL).

Examples of NOL in a sentence

• To the extent the consolidated NOL is carried back, any Member's individually allocable NOL shall be deemed carried back and utilized in proportion to the amount that the Member's NOL bears to the consolidated NOL.

• If a corporation qualifies for the Section 382(1)(5) Exception, the annual Section 382 Limitation will not apply to the corporation's NOLs. The Section 382(1)(5) Exception does, however, require that the corporation's NOL carryovers be computed without taking into account the aggregate amount of all interest deductions in respect of debt exchanged for the corporation's stock during the three prior taxable years and the portion of the current taxable year ending on the date of the ownership change.

• Assuming that Reorganized Congoleum qualifies for the Section 382(1)(5) Exception, Section 382(l)(5) of the IRC provides that if a company that utilizes the Section 382(1)(5) Exception undergoes another ownership change within two years, that company's NOL is reduced to zero.

• Such settlement shall consist of payment (1) on a dollar for dollar basis for all differences in credits, and, (2) in the case of NOL differences (or other differences related to other deductions), in a dollar amount computed by reference to the amount of NOL multiplied by the applicable tax rate relating to such NOL.

• As a result of potential existing NOLs and additional deductions that will be generated by the resolution of certain asbestos-related claims, Reorganized Congoleum expects to have an NOL after emerging from bankruptcy.

More Definitions of NOL

NOL means the Company’s net operating loss carryforwards.

NOL means a “net operating loss,” as defined in Section 172 of the Code, as computed for U.S. federal income Tax purposes.

NOL means net operating losses.

NOL has the meaning set forth in the Recitals.

NOL means Northern Ocean Ltd, listed on the Norwegian Over The Counter under the trading symbol "NOL";

NOL means the Northern Ontario Line, which is the area on TCPL’s pipeline system that includes all existing or future Mainline facilities east of Station 41 up to and including the North Bay Junction Delivery Point and includes TCPL’s contractual arrangements on Other Pipelines.

NOL has the meaning set forth in Section 6.20(m).