Post-Closing Taxable Year definition

Post-Closing Taxable Year means a Taxable Year that begins after the Closing Date.
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Post-Closing Taxable Year means a Taxable Year of the Purchaser Consolidated Group that ends after the Closing Date, provided that if the Closing Date is not on the last day of a Taxable Year of the Purchaser Consolidated Group, the fourth (4th) Post-Closing Taxable Year after the Closing Date shall be deemed to end on the third (3rd) anniversary of the Closing Date and the fifth (5th) Post-Closing Taxable Year shall be deemed to begin on the day immediately after such anniversary. By way of illustration only, if the Closing Date is on March 31, 2015, the fourth (4th) Post-Closing Taxable Year after the Closing Date is deemed to be the taxable period that begins on January 1, 2018 and ends on March 31, 2018 and the fifth (5th) Post-Closing Taxable Year after the Closing Date is deemed to be the taxable period that begins on April 1, 2018 and ends on December 31, 2018.
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Post-Closing Taxable Year means a Taxable Year that begins after the Effective Time and the portion of 1998 that begins on the Effective Time and ends on December 31, 1998.
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Examples of Post-Closing Taxable Year in a sentence

  • AMO shall notify Allergan promptly of the existence of any items of deduction, loss or credit (the "Carrybacks") arising in a Post-Closing Taxable Year that may be carried back to a Pre-Closing Taxable Period or Straddle Period of the Allergan Group or any Pre-Distribution Member if AMO would like to utilize such Carrybacks.

  • Hi/fn shall notify the Company promptly of the existence of any items of deduction, loss or credit arising in a Post-Closing Taxable Year that are required to be carried back to a Taxable Period of the Stac Pre-Spin-Off Group or any Stac Pre-Spin-off Member (other than to a separate Tax Return of a member of the Hi/fn Group).

  • Park Place shall notify Hilton promptly of the existence of any items of deduction, loss or credit arising in a Post-Closing Taxable Year that are required to be carried back to a Taxable Period of the Hilton Group or any Pre-Distribution Member (other than to a separate Tax Return of a member of the Park Place Group).

  • If the Newco Group (or any member thereof) realizes a Tax Benefit in any Post-Closing Taxable Year from the utilization of a Principal Subsidiary Loss Carryover which became available as a result of the Final Determination of the Characterization Issue, then Newco shall pay (or cause to be paid) to Mutual an amount equal to the Tax Benefit so realized.

  • Gaming Co. shall notify Hilton promptly of the existence of any items of deduction, loss or credit arising in a Post-Closing Taxable Year that are required to be carried back to a Taxable Period of the Hilton Group or any Pre-Distribution Member (other than to a separate Tax Return of a member of the Gaming Co. Group).

  • Within ninety (90) days after the filing of the U.S. federal income tax return of the Tax Group for the first Post-Closing Taxable Year, PubCo shall provide to the Stockholders’ Representative a schedule showing, in reasonable detail, its calculation of the Company Pre-Closing Tax Attributes and Excess AMT Credits (the “Tax Attributes Schedule”).

  • For each Post-Closing Taxable Year until the Taxable Year that includes the Final Determination of the Characterization Issue, Newco Group shall file a protective claim for refund, claiming a deduction in each of its Tax Returns, based on the allowance of the full amount of any Principal Subsidiary Loss Carryover which could become available as a result of such Final Determination, taking into account the limitation imposed by ss.

Related to Post-Closing Taxable Year

  • 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.

  • 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.

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

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

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

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

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

  • 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.

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

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

  • Pre-Closing Tax Returns has the meaning specified in Section 8.04(a).

  • Taxable Year means a taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of state or local tax law, as applicable (and, therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or after the IPO Date.

  • Taxable Period means any taxable year or any other period that is treated as a taxable year with respect to which any Tax may be imposed under any applicable statute, rule or regulation.

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

  • Qualifying tax rate means the applicable tax rate for the taxable year for the which the taxpayer paid income tax to a municipal corporation with respect to any portion of the total amount of compensation the payment of which is deferred pursuant to a nonqualified deferred compensation plan. If different tax rates applied for different taxable years, then the “qualifying tax rate” is a weighted average of those different tax rates. The weighted average shall be based upon the tax paid to the municipal corporation each year with respect to the nonqualified deferred compensation plan.

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

  • Taxable Date means the date on which interest on the Bonds is first includable in gross income of the Bondholder (including, without limitation, any previous Bondholder) thereof as a result of an Event of Taxability as such a date is established pursuant to a Determination of Taxability.

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

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

  • Post-Acquisition Period means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the sixth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Tax Distribution Date has the meaning set forth in Section 4.01(b)(i).

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Post-Transaction Period means, with respect to any Specified Transaction, the period beginning on the date such Specified Transaction is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Specified Transaction is consummated.

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

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.