Section 468A definition

Section 468A means that section of the Code, as it may be amended from time to time, and any successor provision thereto, and the regulations promulgated thereunder. “Section 4951” shall mean that section of the Code, as it may be amended from time to time, and any successor provision thereto, and the regulations promulgated thereunder.
View Source
Section 468A means Section 468A of the Code, and any regulations and rulings of the Service thereunder, as Section 468A and any regulations may be amended, and any successors thereto.
View Source
Section 468A means Section 468A of the Code, and any regulations and rulings of the Service thereunder, as Section 468A and regulations may be amended, and any successors thereto.
View Source

Examples of Section 468A in a sentence

  • In the event that Section 468A of the Code, or its successor statutory provision, is repealed, in whole or in part, and certain provisions of this Master Trust Agreement cease to be required, such provisions shall thereupon be ineffective without the necessity of further amendment of this Master Trust Agreement.

  • Each of the trusts identified above as "Trust A" shall be established as a nuclear decommissioning trust fund under Section 468A of the Code.

  • Any reference in this Master Trust Agreement to Section 468A of the Code shall be deemed to refer not only to such section, as it may from time to time be amended, but also to any successor statutory provision.

  • The Trustee and the Company understand that the contributions made by the Company and allocated to a Trust from time to time may subsequently be determined to exceed the amounts determined pursuant to Section 468A of the Code and paragraph (c)(2)(ii) of § 1.468A-5T thereunder (any such excess being hereinafter referred to as an "Excess Contribution").

  • There are separate Master Trust Agreements maintained by the Companies for the qualified trusts, contributions to which qualify for income tax deductions under Section 468A of the Internal Revenue Code, and for the nonqualified trusts which hold the remaining funds for Decommissioning.

  • Tax-Qualified Trusts shall constitute “nuclear decommissioning reserve funds” within the meaning of Section 468A, and the assets of the Tax-Qualified Trusts must be used as authorized by Section 468A.

  • On or prior to the Closing Date, Buyer will (a) create and maintain the Buyer QDF in accordance with NRC requirements and in compliance with the requirements of Section 468A of the Code and the Treasury Regulations and (b) create and maintain the Buyer NDF in accordance with NRC requirements.

  • This Agreement may not be amended in a manner that would violate Code Section 468A or the regulations thereunder.

  • All nuclear decommissioning funds established by the Company, the Company Subsidiaries and Company Joint Ventures that are intended to qualify under the provisions of Section 468A of the Code and the Treasury Regulations promulgated thereunder as “qualified nuclear decommissioning funds have satisfied (since formation) the requirements set forth in Treasury Regulations Section 1.468A-5.

  • ZionSolutions shall furnish the Trustee with an opinion of legal counsel that any such amendment does not violate Applicable Regulatory Requirements, and would not result in the disqualification of the Tax-Qualified Trusts as “nuclear decommissioning reserve funds” under Section 468A, and that all necessary approvals to such amendment have been obtained.