Puerto Rico Code definition
Examples of Puerto Rico Code in a sentence
TCPR additionally represents and warrants to the Administrative Agent and each Lender that it does not own directly or indirectly in accordance with the attribution rules of Section 1092.01(a)(3)(B) of the Puerto Rico Code fifty percent (50%) or more of the value of the stock of any Lender.
TCPR additionally represents and warrants to the Administrative Agent and each Lender that it does not own directly or indirectly in accordance with the attribution rules of Section 1231(a)(3) of the Puerto Rico Code fifty percent (50%) or more of the value of the stock of any Lender.
Each member of the ERISA Group has fulfilled its obligations under the minimum funding standards of ERISA and the Internal Revenue Code with respect to each Plan and is in compliance in all material respects with the presently applicable provisions of ERISA, the Internal Revenue Code and the Puerto Rico Code with respect to each Plan.
Such Borrower and its Subsidiaries have filed all income tax returns required to be filed under the Code and the Puerto Rico Code and all other material tax returns which are required to be filed by them and have paid all taxes, assessments, fees and other governmental charges due pursuant to such returns or pursuant to any assessment received by such Borrower or any Subsidiary.
Such transfers shall be conducted in accordance with applicable Law (including, to the extent applicable, Section 414(l) of the Code, Treasury Regulation Section 1.414(l)-1, Section 208 of ERISA and the Puerto Rico Code).
Kenvue shall take all necessary action, if any, to qualify the Kenvue U.S. Savings Plans under the applicable provisions of the Code or the Puerto Rico Code and shall make any and all filings and submissions to the appropriate Governmental Authority required to be made by it in connection with the transfer of Assets described in Section 6.03.
TENANT shall strictly abide by the rules and regulations established by the Occupational Safety and Health Administration (OSHA) for the storage of hazardous materials (29 CFR Part 1910 Subpart H) as well as with the Initials Puerto Rico Code for Fire Prevention and other local or federal governmental agencies with jurisdiction.
Eurobancshares shall have received either (i) a ruling from the Puerto Rico Treasury Department or (ii) the opinion of ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP, dated the Effective Date, to the effect that the Merger will be treated for Puerto Rican income tax purposes as a reorganization within the meaning of Section 1112(g)(1) of the Puerto Rico Code, and that each of Eurobancshares, Eurobank and Financiero will be a party to that reorganization within the meaning of Section 1112(g)(3) of the Puerto Rico Code.
The purpose of this Supplement B is to provide special rules applicable to participants employed in Puerto Rico in accordance with the requirements of the Puerto Rico Internal Revenue Code ("Puerto Rico Code"), as amended by the Puerto Rico Tax Reform Act of 1987.
The portions of a participants before-tax savings that are so reduced are referred to as "excess Puerto Rico Code savings".