Section 338(h)(10) Elections definition

Section 338(h)(10) Elections has the meaning set forth in Section 6.1(a).
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Section 338(h)(10) Elections has the meaning specified in Section 7.2(e)(i).
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Section 338(h)(10) Elections shall have the meanings set forth in Section 2.16(a).
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Examples of Section 338(h)(10) Elections in a sentence

  • Buyer and Seller and their Affiliates shall make all required filings relating to the Section 338(h)(10) Elections in connection with their federal and applicable state and local income Tax Returns, and shall cooperate fully with each other to take all other actions necessary and appropriate otherwise to effect, perfect and timely preserve the Section 338(h)(10) Elections.

  • The reason is that most of the individuals in a population will become nondominated, as the number of objectives increases.

  • For the avoidance of doubt, any item of income, gain, loss or deduction for a Straddle Period that is realized on the transactions contemplated hereby deemed to occur as a result of the Section 338(h)(10) Elections shall be allocated to the portion of any such Straddle Period ending on the Closing Date.

  • The Parties agree that the consideration to be paid pursuant to Article I of this Agreement and other items properly includible in the deemed sales price of the assets of the Company pursuant to the Section 338(h)(10) Elections shall be allocated, for Tax purposes, among the Company’s assets in a manner consistent with the provisions of Section 338 and Section 1060 of the Code and all regulations promulgated thereunder.

  • The Parties shall cooperate fully with each other and make available to each other such Tax data and other information as may be reasonably required by the Buyer or the Sellers in order to timely file the Section 338(h)(10) Elections.

  • If Buyer timely provides the Section 338(h)(10) Election Notice pursuant to this Section 7.07, each of Buyer and Seller agrees that neither it nor any of its Affiliates shall take, or fail to take, any action to the extent such action or failure to act, as the case may be, is inconsistent with or would otherwise prejudice any Section 338(h)(10) Elections.

  • LSB shall take such actions as are deemed necessary to effect the Section 338(h)(10) Elections (including, without limitation, the timely filing of Internal Revenue Service Form 8023 (Elections Under Section 338 for Corporations Making Qualified Stock Purchases)).

  • The Sellers and the Buyer shall cooperate in all respects for the purpose of effectuating the Section 338(h)(10) Elections, including the execution and filing of any required Tax Returns and the grant of consent to the Section 338(h)(10) Elections by the Sellers.

  • GEC and Seller shall cooperate with Purchaser by taking all steps necessary in order to effectuate the Section 338(h)(10) Elections in accordance with applicable laws (including, without limitation, the preparation of IRS Form 8023 and all similar state and local forms and submitting any ruling request, prepared by and at the sole expense of Purchaser on behalf of GEC, the Seller or the Companies, as the case may be, the applicable taxing authorities with respect to such election).

  • Seller will pay any Taxes resulting from the making of the Section 338(h)(10) Elections.


More Definitions of Section 338(h)(10) Elections

Section 338(h)(10) Elections has the meaning given to it in Section 10.9(f).
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Section 338(h)(10) Elections means an election described in Section 338(h)(10) of the Code with respect to Seller’s sale of the Stock to Buyer and with respect to the deemed sale of the stock of the Section 338 Subsidiaries pursuant to this Agreement, and any corresponding elections under the Tax Laws of the relevant states.
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Section 338(h)(10) Elections. Is defined in Section 4.6(l)(i).
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Related to Section 338(h)(10) Elections

  • Section 336(e) Election has the meaning set forth in Section 7.06.

  • Section 338 Forms means all returns, documents, statements, and other forms that are required to be submitted to any federal, state, local or foreign Taxing authority in connection with a Section 338(h)(10) Election, including, without limitation, any "statement of Section 338 Election" and IRS Form 8023 (together with any schedules or attachments thereto) that are required pursuant to Treasury regulations.

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Elections has the meaning set forth in Section 6.12.

  • LCA Election has the meaning specified in Section 1.09(a).

  • Election means an election by a constituency, or by a class within a constituency, to fill a vacancy among one or more posts on the council of governors;

  • REMIC Election An election, for federal income tax purposes, to treat certain assets as a REMIC.

  • Statewide popular election means a general election in which

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Primary election means any regular primary election held under the election

  • Exchange Election shall have the meaning specified in Section 14.12(a).

  • Local election means a regular county election, a regular municipal election, a

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Allocation Statement has the meaning set forth in Section 2.5.

  • Regular primary election means the election on the fourth Tuesday of June of

  • LCT Election has the meaning assigned to such term in Section 1.06.

  • Tax Package shall have the meaning set forth in Section 5.5.

  • Tax Law means the law of any governmental entity or political subdivision thereof relating to any Tax.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.

  • Election campaign means any campaign in support of or in

  • Election cycle means the period beginning on the first day persons are eligible to

  • Income Tax Returns means all Tax Returns relating to Income Taxes.

  • IRS means the United States Internal Revenue Service.

  • Investment Election means the Participant’s election to have deferred amounts credited with hypothetical earnings credits (or losses) that track the investment performance of the Investment Options and/or Common Stock in accordance with Article V.

  • by-election means an election other than a general election;