Examples of Pre-Closing Straddle Period in a sentence
To the extent that any Tax for a Straddle Period is based on the greater of a Tax on net income, on the one hand, and a Tax measured by net worth or some other basis not otherwise measured by income, on the other hand, the portion of such Tax related to the Pre-Closing Straddle Period and the Post-Closing Straddle Period will be determined based on the foregoing and based on the manner in which the actual Tax liability for the entire Straddle Period is determined.
The portion of the income Tax allocated to the Pre-Closing Straddle Period shall equal the amount which would be payable if the Straddle Period ended on the last day of the Pre-Closing Straddle Period, provided that all permitted allowances, exemptions and deductions that are normally computed on the basis of an entire year or period (such as depreciation) shall accrue on a daily basis.
The Buyer shall prepare and timely file, or cause to be prepared and timely filed, all Tax Returns of the Company that are due and which include any Pre-Closing Straddle Period.
Some authors considered EE a main strategy of CE (Ghisellini et al., 2016; Hu et al., 2011; Kalmykova, Sadagopan, & Rosado, 2017; Mu-Hua, 2013).According to Kalmykova et al.
Purchaser and Seller shall within fifteen (15) days of receipt notify the other in writing of the receipt by them or any of their Affiliates of written notice of any inquires, claims, assessments, audits or similar events with respect to Taxes of the Company relating to a Pre-Closing Tax Period or a Pre-Closing Straddle Period.