SpinCo SAG definition

SpinCo SAG means a group made up of one or more chains of includible corporations (including SpinCo) connected through stock ownership if SpinCo owns directly stock meeting the Stock Ownership Requirement in at least one other includible corporation and stock meeting the Stock Ownership Requirement in each of the includible corporations (except SpinCo) is owned directly by one or more of the other includible corporations.
SpinCo SAG has the meaning set forth in Section 4.03(a)(v).
SpinCo SAG means a group made up of one or more chains of includible corporations connected through stock ownership if SpinCo owns directly stock meeting the Stock Ownership Requirement in at least one other includible corporation, and stock meeting the Stock Ownership Requirement in each of the includible corporations (except SpinCo) is owned directly by one or more of the other includible corporations.

Examples of SpinCo SAG in a sentence

  • After the External Distribution, the SpinCo SAG will own more than 33⅓% of Business Y FPartnership capital as well as Business Y FPartnership profits from Business Y(1) operations.

  • The interest in the Business Y FPartnership held by each of FDistributing 1Y and the SpinCo SAG will be treated as a “significant interest” within the meaning of Rev.


More Definitions of SpinCo SAG

SpinCo SAG means the separate affiliated group of Spinco, within the meaning of Section 355(b)(3)(B) of the Code.
SpinCo SAG means the separate affiliated group of SpinCo, within the meaning of Section 355(b)(3)(B) of the Code.

Related to SpinCo SAG

  • SpinCo shall have the meaning set forth in the Preamble.

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • SpinCo Separate Return means any Separate Return of SpinCo or any member of the SpinCo Group.

  • RemainCo shall have the meaning set forth in the Preamble.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of Spinco immediately following the Contribution.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”

  • SpinCo Business has the meaning set forth in the Separation and Distribution Agreement.

  • SpinCo Employee means any individual who, as of the Effective Time, is employed by or will be employed by Spinco or any member of the Spinco Group, including active employees and employees on vacation and approved leave of absence (including maternity, paternity, family, sick leave, qualified military service under the Uniformed Services Employment and Reemployment Rights Act of 1994, short- or long-term disability leave, leave under the Family Medical Leave Act and other approved leave).

  • Distribution Time means the time at which the Distribution is effective on the Distribution Date.

  • SpinCo Assets shall have the meaning set forth in Section 2.2(a).

  • SpinCo Designees means any and all entities (including corporations, general or limited partnerships, trusts, joint ventures, unincorporated organizations, limited liability entities or other entities) designated by Parent that will be members of the SpinCo Group as of immediately prior to the Effective Time.

  • Local Distribution Company or “LDC” means a Person licensed by the OEB as a “Distributor” in connection with a Distribution System.

  • OPC has the meaning specified in the recital of parties to this Agreement.

  • IAC means IAC/InterActiveCorp, a Delaware corporation.

  • Distributor / Distribution Company means Company(ies), Firm(s), Sole Proprietorship concern(s), individual(s), Banks or any other Financial Institution appointed by the Management Company under intimation to the Trustee for performing any or all of the Distribution Functions and who are registered with MUFAP as Registered Service Providers. The Management Company may itself also performs the Distribution Function.

  • Normal distribution channel means a chain of custody for

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Distribution Effective Time has the meaning set forth in the Separation Agreement.

  • Separation Time means the close of business on the tenth Trading Day after the earlier of:

  • SpinCo Liabilities shall have the meaning set forth in Section 2.3(a).

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • CVC means Citicorp Venture Capital, Ltd., a New York corporation.