Pro Forma Returns definition
Examples of Pro Forma Returns in a sentence
The Pro Forma Returns shall be prepared in good faith in a manner generally consistent with past practice.
In the event of any adjustments in a Final Determination other than those described in Section 3.1 above, WPX Pro Forma Returns shall not be adjusted and no additional payments shall be required between ▇▇▇▇▇▇▇▇ and WPX.
The methods and processes described in Sections 2.3(b), 2.3(c), and 2.3(d) below shall be followed in the preparation of the WPX Pro Forma Returns.
Notwithstanding the foregoing, the WPX Pro Forma Returns shall not reflect any deduction under Section 199 of the Code computed on a separate company basis, but shall reflect the amount that the WPX Group has contributed to the ▇▇▇▇▇▇▇▇ Group consolidated deduction under Section 199 of the Code, as determined by ▇▇▇▇▇▇▇▇ in its sole discretion.
Each of ▇▇▇▇▇▇▇▇ and WPX will bear its own costs incurred in furnishing records, documents, or information requested by the other party in connection with the preparation of any Tax Returns or WPX Pro Forma Returns or in connection with any Proceeding for any Tax Returns.
At the discretion of WPX, WPX may assist in the preparation of the WPX Pro Forma Returns as may be requested by ▇▇▇▇▇▇▇▇.
Nabisco shall not take any unreasonable position in preparing such Pro Forma Returns.
Within a reasonable period of time (as determined by Holdings) following the Distribution, Holdings shall deliver to each of the Designated RJRN Affiliate and Nabisco a copy of such Federal Tax and Combined State Tax information on the International Tobacco Sale and other tax matters as is reasonably necessary for the preparation by the RJRN Tax Group of Pro Forma Returns pursuant to Section 3.04(a).
Distributing shall prepare the Pro Forma Returns taking into account elections, methods of accounting and positions with respect to specific items that are consistent with those to be made by Distributing for purposes of the Federal Tax Returns and Combined Tax Returns.
The Seller Owner acknowledges that Buyer will be entitled to rely on the Pro Forma Returns in preparing the actual Tax Return for such Straddle Period.