Platinum US definition
Examples of Platinum US in a sentence
St. ▇▇▇▇ shall file or cause to be filed all Tax Returns required to be filed by or with respect to Platinum US on or before the Closing Date and shall pay all Taxes due with respect thereto.
St. ▇▇▇▇ represents that such agreements are the only agreements that it or any St. ▇▇▇▇ Subsidiary has with Platinum US.
Except as required by applicable law, the Company shall not take a position with respect to any item on any Tax Return of Platinum US for any Straddle Period which it is notified in writing by St. ▇▇▇▇ is inconsistent with the position taken with respect to such item on a prior Tax Return or, if inconsistent, will obtain St. Paul's prior written consent which shall not be unreasonably withheld.
The Closing Balance Sheet shall be prepared in accordance with accounting practices prescribed or permitted for insurance companies by the Maryland insurance regulatory authorities, which have been applied consistent with the financial statements of past periods, including the May 31, 2002 balance sheet delivered pursuant to Section 3.04(f) and shall in all material respects fairly present the financial condition of Platinum US as of its date.
Under Maryland insurance law, Platinum US may pay dividends out of surplus, provided it must give the Maryland Insurance Commissioner at least thirty days' prior notice before paying an "extraordinary dividend" or making an "extraordinary distribution".
St. ▇▇▇▇ shall not amend a pro forma income tax return of Platinum US for a Pre-Closing Period in which Platinum US was included in the federal consolidated income tax return of St. ▇▇▇▇ or in any other consolidated, combined or group tax return with St. ▇▇▇▇ or any of its Affiliates, in a manner which causes an increase in Taxes of Platinum US for a period ending after the Closing, without the consent of the Company, which shall not be unreasonably withheld.
Platinum US has timely paid (or there has been paid on its behalf) all material Taxes that are due, or claimed or asserted by any taxing authority to be due, from or with respect to it for the Pre-Closing Periods.
St. ▇▇▇▇ shall provide to the Company, at least 10 days prior to the due date (including extensions) for the filing of St. Paul's federal consolidated tax return for the taxable year 2002, a copy of the 2002 pro forma federal income tax return of Platinum US prepared consistent with past practice.
Effective as of the Closing Date, Platinum US will cease to be covered under any insurance policy covering St. ▇▇▇▇ and any of its affiliates, including directors' & officers' and errors & omissions insurance.
The Company shall file or cause to be filed all other Tax Returns required to be filed by or with respect to Platinum US.