Pre-Effective Tax Period definition

Pre-Effective Tax Period has the meaning set forth in Section 7.5(b).
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Pre-Effective Tax Period means all taxable periods ending before or including the Effective Time; and (iii) "Returns" means returns, reports or forms, including information returns.
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Pre-Effective Tax Period means any Tax period ending on or before the Effective Time; and, with respect to a Tax period that begins on or before the Effective Time and ends thereafter, the portion of such Tax period ending on the Effective Time.
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Examples of Pre-Effective Tax Period in a sentence

  • Except as provided in Section 8(b) with respect to Transfer Taxes, Farallon shall be responsible for and shall promptly pay when due all Taxes levied with respect to the BSC Interests and the assets of BSC attributable to the Pre-Effective Tax Period.

  • To the extent such Taxes are not reflected as a liability on the Final Closing Statement, the Vendors shall pay to the Purchaser all Taxes (a) in respect of a Pre-Effective Tax Period, or (b) in respect of the portion of a Straddle Period ending on the Effective Date (as determined under Section 8.2(4)), both as reflected on the Tax Returns prepared under Section 10.3(1).

  • Farallon and Allergan further agree, upon request, to use their respective commercially reasonable efforts to obtain any certificate or other document from any governmental authority or any other Person as may be necessary to mitigate, reduce or eliminate any Tax that could be imposed (i) with respect to the transactions contemplated hereby or (ii) with respect to the BSC Interests and the assets of BSC, attributable to the Pre-Effective Tax Period.

  • Sellers shall be liable for, and shall promptly pay when due any and all Taxes for any Pre-Effective Tax Period, other than non-U.S. income taxes, due and payable by Sellers with respect to the Weider Branded Business (“Excluded Taxes”).

  • Buyer shall cause SGIC to waive any carryback or other use from any taxable period (or portion thereof, determined in accordance with the provisions of Section 7.4(a)(iii)) beginning after the Closing Date to any Pre-Effective Tax Period of any net operating loss, Tax credit, or other Tax attribute.

  • Any and all transactions or events contemplated by this Agreement that occur on or prior to the Effective Date shall be deemed to have occurred in the Pre-Effective Tax Period.

  • All real property taxes, personal property taxes and similar ad valorem obligations levied with respect to the Assets for a taxable period which includes (but does not end on) the Effective Date (collectively, the "Apportioned Obligations") shall be apportioned between the Company and the Purchaser on the Closing Date based on the number of days of such taxable period included in the Pre-Effective Tax Period and the number of days of such taxable period included in the Post-Effective Date Tax Period.


More Definitions of Pre-Effective Tax Period

Pre-Effective Tax Period means any Tax period ending on or before the Effective Time and the portion of any Straddle Period ending at the close of business on the date of the Effective Time.
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Pre-Effective Tax Period shall have the meaning set forth in Section 2.3(h).
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Related to Pre-Effective Tax Period

  • Straddle Tax Period means a Tax period that begins on or before the Closing Date and ends after the Closing Date.

  • 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.

  • Straddle Period means any taxable period beginning on or before the Closing Date and ending after the Closing Date.

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

  • Effective tax rate means the rate that will produce last year’s total tax levy (adjusted) from this year’s total taxable values (adjusted). “Adjusted” means lost values are not included in the calculation of last year’s taxes and new values are not included in this year’s taxable values.

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

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

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

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

  • Closing Period means the period between the close of business on the date of this Agreement and the Closing.

  • 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.

  • 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.

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

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • Pre-Deconsolidation Period means any Tax Period ending on or before the Deconsolidation Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Deconsolidation Date.

  • Base taxable value means the agreed value specified in a resolution or interlocal agreement under Subsection 17C-1-102(8) from which tax increment will be collected.

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

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

  • Non-U.S. Tax Person A person other than a U.S. Tax Person.

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Total After-Tax Payments means the total of all “parachute payments” (as that term is defined in Section 280G(b)(2) of the Code) made to or for the benefit of the Executive (whether made hereunder or otherwise), after reduction for all applicable federal taxes (including, without limitation, the tax described in Section 4999 of the Code).