Split Period definition

Split Period means a Taxable Year that begins on or before the Closing Date and ends after the Closing Date.
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Split Period means the period commencing on 1 April 2017 and ending on the last day of the Security Period (other than the period commencing on 1 January 2018 and ending on 30 June 2018);
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Split Period has the meaning set forth in Section 8.3(a)(i).
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Examples of Split Period in a sentence

  • For purposes of this Agreement, in the case of any Taxes that are payable with respect to a Split Period, the portion of such Taxes allocable to the portion of such Split Period that ends on the Closing Date shall be determined on the basis of a deemed closing on the Closing Date of the books and records of Seller.

  • The amount of any such Tax saving for any Taxable period shall be the amount of the reduction in Taxes payable to a taxing authority by AMSC or any of its Affiliates (including any of the Companies) thereof with respect to such Taxable Year or Split Period as compared to the Taxes that would have been payable to a taxing authority by AMSC or any of its Affiliates (including any of the Companies) with respect to such Taxable Year or Split Period in the absence of such Tax benefit.

  • The District will pay one half of all Additional Rent amounts actually received by the District from the Developer during the NOI Split Period to the City within thirty (30) days following the District’s receipt of such Additional Rent amounts.

  • Sellers and Buyer shall jointly prepare and Buyer shall file or cause to be filed all Returns that are required to be filed with respect to the Company for any Split Period taxable year, and AWS and Buyer agree to negotiate and resolve in good faith any issue arising as a result of the preparation of such Tax Return.

  • In the case of Tax Returns for Newco, Buyer shall be responsible for preparing (on a basis consistent with previously filed Tax Returns, except as required by applicable law) and timely filing (A) all Tax Returns for periods beginning after the Closing Date and for the Split Period and (B) all Tax Returns for taxable periods ending on or prior to the Closing Date that are due to be filed after Closing (giving effect to any lawful extension for filing).

  • For purposes of this Agreement, in the case of any Taxes that are payable with respect to a Split Period, the portion of such Taxes allocable to the portion of such Split Period that ends on the Closing Date shall be determined on the basis of a deemed closing on the Closing Date of the books and records of Seller and its Affiliates.

  • Seller will reimburse Acirca and Buyer (as applicable) for any Taxes of or relating to the Business paid by Acirca or Buyer after the Closing Date (i) with respect to any Taxable Year that ends on or before the Closing Date or (ii) to the extent that such Taxes are allocable to that portion of any Split Period that ends on the Closing Date.

  • Seller will reimburse Buyer for any Taxes of or relating to the Business paid by Buyer after the Closing Date (i) with respect to any Taxable Year that ends on or before the Closing Date or (ii) to the extent that such Taxes are allocable to that portion of any Split Period that ends on the Closing Date.

  • The VoiceStream Parties and Xircom shall jointly prepare and Xircom shall file or cause to be filed all Returns that are required to be filed with respect to the Company for any Split Period taxable year, and VoiceStream and Xircom agree to negotiate and resolve in good faith any issue arising as a result of the preparation of such Tax Return.

  • In this respect, Seller will reimburse Buyer for any Taxes of or relating to the Business or MSSC paid by Buyer after the Closing Date (i) with respect to any Taxable Year that ends on or before the Closing Date or (ii) to the extent that any such Taxes are allocable to that portion of any Split Period that ends on the Closing Date.


More Definitions of Split Period

Split Period. “Split Security Requirement”, “Split Security Value”, “Total Deferred Amount”, “Ultimate Shareholder” and “Ultimate Owner and Principal Shareholder Undertaking”:
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Related to Split Period

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • Extended benefit period means a period which:

  • Post-Termination Period means the twelve (12) month period beginning on the Termination Date.

  • Post-Employment Period means the eighteen month period beginning on the date of termination of the Executive's employment with the Employer. If any covenant in this Section 8.2 is held to be unreasonable, arbitrary or against public policy, such covenant shall be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, shall be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive shall, while the covenant under this Section 8.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identify of the Executive's employer. The Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

  • Severance Term means the eighteen (18) month period following Executive’s termination by the Company without Cause (other than by reason of death or Disability) or by Executive for Good Reason.