Pre-Cutoff Period definition

Pre-Cutoff Period means any taxable period or portion thereof that is not a Post-Cutoff Period.
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Pre-Cutoff Period means, with respect to any Income Tax, any Tax Period ending on or before the Cutoff Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on and including the Cutoff Date.
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Examples of Pre-Cutoff Period in a sentence

  • It shall contain a reasonable description of the object of such tax proceeding and an estimate (as soon as available) of the potential Pre-Cut-off Period Tax liability or the potential Indemnifiable Post-Cut-off Period Tax liability as applicable in reasonable detail, and it shall include copies of any assessment, notice or other document received from any Tax authority related to the respective Pre-Cut-off Period Tax or Indemnifiable Post-Cut-off Period Tax.

  • If any Quanex Group Member receives a refund or realizes a Tax Benefit as a result of a Carryback Item of any Spinco Group Member arising in a Post-Cutoff Period being carried back to a Pre-Cutoff Period, Quanex shall make a payment to the Surviving Entity in an amount equal to such refund or the realized Tax Benefit within 30 days following either the receipt of such refund or the filing of the Tax Return reflecting the realization of such Tax Benefit.

  • Quanex shall be responsible for any and all Foreign Income Taxes to the extent such Foreign Income Taxes are imposed on or are attributable to the Building Products Business for any Pre-Cutoff Period.

  • Purchaser 1 shall procure that all Tax Returns for the Target Group Companies relating to a Pre-Cut-off Period or any Indemnifiable Post-Cut-off Period Taxes shall be agreed with the Sellers and shall be filed only with the Sellers' prior consent in text form, which shall not be unreasonably withheld, conditioned or delayed; Sellers’ consent shall be deemed if Sellers’ have not provided their consent, refusal or comments in text form within ten (10) Business Days following to Purchaser 1’s request.

  • Unless otherwise required by law, Sellers, and Procera shall not issue any press release or make any other public statement, in each case, relating to, in connection with or arising out of this Agreement or the transactions contemplated hereby, without obtaining the prior approval of the other, which shall not be unreasonably withheld or delayed.

  • With respect to any Tax imposed on or attributable to any Group Member for any applicable Pre-Cutoff Period, Quanex may make an Adjustment Request with respect to such Tax, including carrying back a Carryback Item of any Quanex Group Member arising in a Post-Cutoff Period to any Pre-Cutoff Period.

  • Notwithstanding Section 4.5(a), if any Spinco Group Member is required by applicable Tax Law to carry back a Carryback Item arising in a Post-Cutoff Period to a Pre-Cutoff Period, the Companies agree that any Carryback Item of any Quanex Group Member that may be carried back to the same Pre-Cutoff Period shall be deemed to be used before any Carryback Item of any Spinco Group Member.

  • Quanex shall be responsible for any and all Federal Income Taxes to the extent such Federal Income Taxes are imposed on or are attributable to the Building Products Business for any Pre-Cutoff Period.