Section 685 definition
Examples of Section 685 in a sentence
If a Utility Owner Delay is concurrent with any other delay for which DB Contractor is entitled to a time extension under Section 13, the delay shall be deemed a Utility Owner Delay and the provisions of this Section 6.8.5 shall apply.
Section 68.5 Advanced marijuana licensing assignments in excess of sixty (60) days will be posted for ten (10) days to allow employees the opportunity to indicate their interest, in writing, in the advanced marijuana licensing assignment.
The Trustee may elect to treat the trust as a “qualified funeral trust” pursuant to Section 685 of the Internal Revenue Code and file an annual Form 1047-QFT covering all the Trust Funds.
Rescission of the contract means rescission by the Subdistrict Court (kantonrechter) by virtue of Section 685 and/or Section 686 in Book 7 of the Netherlands Civil Code.
Neither the business to be transacted nor the purpose of any meeting of Members need be specified in any written waiver of notice except as provided in Section 6.8.5.
The Firm, as Settlor of the Trust into which funds are deposited, shall request that the trustee make an election pursuant to Section 685, Internal Revenue Code, under which the trust is responsible for the payment of any state, federal and local taxes due upon the income earned by the funds deposited pursuant to this Agreement.
With respect to the portion of the Lender Loan Amount so elected to be converted by such Lender, the calculation of the number of Conversion Shares to be issued shall be based on the amount so elected to be converted (plus any and all accrued and unpaid Interest on such amount if so elected by such Lender pursuant to Section 6.8.5 below).
Financing Debt and unfunded pension liabilities of Subsidiaries acquired in accordance with Section 6.8.5 or otherwise assumed by the Company and its Subsidiaries in acquisitions permitted by Section 6.8.5 in an aggregate amount not exceeding $15,000,000 for all such acquisitions after the Initial Closing Date.
Subject to Section 2.6.5, the Company will apply the proceeds of the Revolving Loan to refinance existing Indebtedness, for working capital, for acquisitions and for other lawful corporate purposes of the Company and its Subsidiaries; provided, however, that a portion of the Maximum Amount of Revolving Credit equal to any then effective Permitted Reinvestment Reserve Amount may only be borrowed to finance an Investment permitted by Section 6.8.5.
Any employee who is identified in (i) above or who notifies the Company as set forth above that the employee intends to terminate his or her employment for “Good Reason” immediately following the consummation of this Merger, shall receive, at the Effective Time, all payments specified in any written change of control, severance, retention and/or employment agreements or arrangements with the Company or any Company Subsidiary and which are set forth in Section 6.8.5 of the Company Disclosure Schedule.