Old Xxxxxxx Controls Internal Distribution definition

Old Xxxxxxx Controls Internal Distribution means the distribution or exchange pursuant to a full or partial redemption by an Old Xxxxxxx Controls Internal Distributing of the common stock of the applicable Old Xxxxxxx Controls Internal Controlled to or with Xxxxxxx Controls or another member of the Xxxxxxx Controls Group in a transaction intended to qualify as generally tax-free pursuant to Sections 355(a) and 368(a)(1)(D) of the Code or Section 355(a) of the Code, as applicable.
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Old Xxxxxxx Controls Internal Distribution means the distribution or exchange pursuant to a full or partial redemption by an Old Xxxxxxx Controls Internal Distributing of the common stock of the applicable Old Xxxxxxx Controls Internal Controlled to or with Xxxxxxx Controls or another member of the Xxxxxxx Controls Group in a transaction intended to qualify as generally tax-free pursuant to Sections 355(a) and 368(a)(1)(D) of the Code or Section 355(a) of the Code, as applicable. “Old Xxxxxxx Controls Jersey SpinCo Sale” has the meaning set forth in the Re- citals. “Other Tax” means any Federal Other Tax, State Other Tax or Foreign Other Tax. “Past Practices” has the meaning set forth in Section 3.03(a). “Payment Date” means (i) with respect to any Old Xxxxxxx Controls Federal Con- solidated Income Tax Return, the due date for any required installment of estimated taxes deter- mined under Section 6655 of the Code, the due date (determined without regard to extensions) for filing the return determined under Section 6072 of the Code, and the date the return is filed, and (ii) with respect to any other Tax Return, the corresponding or similar dates determined un- der the applicable Tax Law. “Person” means any individual, partnership, corporation, limited liability compa- ny, association, joint stock company, trust, joint venture, unincorporated organization or a gov- ernmental entity or any department, agency or political subdivision thereof, without regard to whether any entity is treated as disregarded for Federal Income Tax purposes. “Permitted Adient Carryback” has the meaning set forth in Section 5.01(d). “Post-Distribution Period” means any Tax Period beginning after the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Distribution Date.
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Examples of Old Xxxxxxx Controls Internal Distribution in a sentence

  • If a Section 336(e) Election is made with respect to any Old Xxxxxxx Controls Internal Distribution, then this Agreement shall be amended in such a manner, if any, as is determined by Xxxxxxx Controls in good faith to take into account such Section 336(e) Election.

Related to Old Xxxxxxx Controls Internal Distribution

  • Internal Distribution has the meaning set forth in the recitals hereof.

  • Internal control means a set of systems to ensure that financial and other records are reliable and complete and which ensure adherence to the entity's management policies, the orderly and efficient conduct of the entity, and the proper recording and safeguarding of assets and resources;

  • Overall control efficiency means the efficiency of a control system, calculated as the product of the capture and control device efficiencies, expressed as a percentage.

  • Internal Control Event means a material weakness in, or fraud that involves management or other employees who have a significant role in, the Borrower’s internal controls over financial reporting, in each case as described in the Securities Laws.

  • Internal Controls for districts means processes designed and im- plemented by districts to provide reasonable assurance regarding the achievement of objectives in the following categories:

  • Distribution Compliance Period with respect to any Note, means the period of 40 consecutive days beginning on and including the later of (a) the day on which such Note is first offered to persons other than distributors (as defined in Regulation S) in reliance on Regulation S, notice of which day shall be promptly given by the Company to the Trustee, and (b) the date of issuance with respect to such Note or any predecessor of such Note.

  • Interim controls means a set of measures designed to temporarily reduce human exposure or likely exposure to lead-based paint hazards, including specialized cleaning, repairs, maintenance, painting, temporary containment, ongoing monitoring of lead-based paint hazards or potential hazards, and the establishment and operation of management and resident education programs.

  • Internal floating roof means a cover or roof in a fixed-roof tank that rests upon or is floated upon, the liquid being contained, and is equipped with a closure seal or seals to close the space between the roof edge and the tank shell.

  • Internal combustion engine or ‘engine’ means an energy converter, other than a gas turbine, designed to transform chemical energy (input) into mechanical energy (output) with an internal combustion process; it includes, where they have been installed, the emission control system and the communication interface (hardware and messages) between the engine's electronic control unit(s) and any other powertrain or non-road mobile machinery control unit necessary to comply with Chapters II and III;

  • Internal control over financial reporting means a process effected by an insurer’s board of directors, management and other personnel designed to provide reasonable assurance regarding the reliability of the financial statements, i.e., those items specified in Section 5(B)(2) through 5(B)(7) of this regulation and includes those policies and procedures that:

  • internal waters means any navigable river or waterway within the State of California.

  • Transfer efficiency means the portion of coating solids that adheres to the metal or plastic surface during the application process, expressed as a percentage of the total volume of coating solids delivered by the applicator;

  • Coordinated External Transaction means a transaction to simultaneously purchase and sell energy on either side of a CTS Enabled Interface in accordance with the procedures of Operating Agreement, Schedule 1, section 1.13, and the parallel provisions of Tariff, Attachment K- Appendix.

  • Marketable Emission Trading Credits means without limitation, emissions trading credits or units pursuant to the requirements of California Division 26 Air Resources; Health & Safety Code Section 39616 and Section 40440.2 for market based incentive programs such as the South Coast Air Quality Management District’s Regional Clean Air Incentives Market, also known as RECLAIM, and allowances of sulfur dioxide trading credits as required under Title IV of the Federal Clean Air Act (see 42 U.S.C. § 7651b.(a) to (f)).

  • Final Distribution means any distribution made in redemption of all or a portion of the Up-MACRO Holding Shares pursuant to Section 5.2(a) or 5.2(c) on the Final Scheduled Termination Date, an Early Termination Date or a Redemption Date.

  • Internal Use means use of the Sprinklr Services for Customer’s and/or Customer Affiliates’ general business use, solely for the benefit of Customer and/or Customer Affiliates, but does not include use of the Sprinklr Services to provide any services for the benefit of third parties.

  • Local Distribution Company or “LDC” means a Person licensed by the OEB as a “Distributor” in connection with a Distribution System.

  • Internal lot restriction means a platted note, platted demarcation, or platted designation that:

  • Final Distribution Date The Distribution Date on which the final distribution in respect of the Certificates is made pursuant to Section 9.01.

  • external company means a foreign company that is carrying on business, or non-profit activities, as the case may be, within the Republic, subject to section 23(2);

  • External beam radiation therapy means therapeutic irradiation in which the source of radiation is at a distance from the body.

  • Internal Reorganization has the meaning set forth in the Separation Agreement.

  • Rated Final Distribution Date The Distribution Date occurring in April 2050.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Final Legal Distribution Date means (i) with respect to the Class AA Certificates, August 15, 2033, (ii) with respect to the Class A Certificates, August 15, 2033 and (iii) with respect to the Class B Certificates, August 15, 2029.

  • Assumed Final Distribution Date The Distribution Date in July 2036.