Post-Closing Relief definition

Post-Closing Relief means a Relief arising to a Group Company to the extent that it arises in respect of any Event occurring, or period commencing, after the Effective Time;
Post-Closing Relief means any Relief which is not available before the Closing Date and arises in respect of an Event occurring after the Closing Date;
Post-Closing Relief means a Relief which arises to the Company as a result of or in connection with: (a) any Event occurring; (b) any period ending; or (c) any Income, Profits or Gains earned, accrued or received, after Closing;

Examples of Post-Closing Relief in a sentence

  • For purposes of this Clause 14.11, none of the following matters shall be considered to give rise to an over provision or reduction in Liability: (i) the utilisation of any Purchaser Relief or Post-Closing Relief and (ii) a Change in Tax Law.

  • The Purchaser shall, to the extent possible, apply any Relief (other than any Purchaser Relief or a Post-Closing Relief) to mitigate any Liability for Taxes which is the subject of a claim under Clause 14.1 or for breach of the Tax Warranties, including apportioning or reapportioning any amount pursuant to any Group Payment Arrangements to which any Group Company is a party or making such claims or elections in relation to such Seller Relief as the Seller reasonably requests.


More Definitions of Post-Closing Relief

Post-Closing Relief means a Relief which arises:
Post-Closing Relief means any Relief which arises in consequence of or by reference to or is attributable to an Event occurring or deemed to occur after Closing including any losses attributable to any Event occurring after Closing or in respect of or attributable to a period commencing after Closing or which are apportioned to the Later Period, as defined at paragraph 5.6 of this Part A of the Schedule, in accordance with that paragraph.
Post-Closing Relief a Relief (other than a Corresponding Relief) which arises to the Target as a result of or in connection with: a) any Event occurring; b) any income, profits or gains earned, accrued or received, after ClosingRelevant Person” any Seller and any company or companies (other than a Target Group Company or a member of the Buyer’s Group) which: a) are, or have been on or before Closing, members of the same group as, or otherwise connected or associated with, any Seller for any Taxation purpose; or b) have been before Closing members of the same group as, or otherwise connected or associated with, any Target Group Company for any Taxation purpose
Post-Closing Relief a Relief to the extent that it arises as a consequence of an Event occurring after Completion or in respect of a period commencing after Completion;
Post-Closing Relief means a Relief which arises to any Target Company in respect of any Event occurring after Closing (including any Income, Profits or Gains earned, accrued or received after Closing);

Related to Post-Closing Relief

  • Post Closing Letter is that certain Post Closing Letter dated as of the Effective Date by and between Collateral Agent and Borrower.

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Post-Closing Taxes means Taxes of the Company for any Post-Closing Tax Period.

  • Post-Closing Tax Period means any taxable period beginning after the Closing Date and the portion of any Straddle Period beginning after the Closing Date.

  • Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Buyer Closing Certificate has the meaning set forth in Section 7.03(d).

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Post-closure means the period after the closure of a storage site, including the period after the transfer of responsibility to the competent authority;

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Pre-Closing Tax Periods means any and all Tax periods that end on or before the Closing Date and the portion of any Straddle Period ending at the end of day on which the Closing occurs.

  • Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.

  • Pre-Closing Tax Period means any Tax period ending on or before the Closing Date.

  • Pre-Closing Taxable Period means with respect to any tax, any applicable taxable period ending on or prior to consummation of the transactions contemplated hereby on the Closing Date or the allocable portion of any applicable taxable period that includes but does not end on the Closing Date.

  • Pre-Closing Taxes means Taxes of the Company for any Pre-Closing Tax Period.

  • Customary Post-Closing Consents means the consents and approvals from Governmental Authorities for the assignment of the Assets to Buyer that are customarily obtained after the assignment of properties similar to the Assets.

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.

  • Pre-Closing Tax Return has the meaning set forth in Section 7.1(a).