Examples of Straddle Taxable Period in a sentence
The Processor ensures the sub-processor will comply with these duties and shall be liable to the Controller in case of non-compliance.
After the Closing Date, with respect to any Tax for which Seller is responsible pursuant to Section 5.9(b), Seller shall have the right, at its sole cost and expense, to control (in the case of a Pre-Closing Taxable Period) or participate in (in the case of a Straddle Taxable Period) the prosecution, settlement or compromise of any proceeding involving such Tax.
If after the Closing Buyer receives a refund or utilizes a credit of any Property Tax in respect of the Purchased Assets attributable to a Pre- Closing Taxable Period or that portion of a Straddle Taxable Period ending on the Closing Date, Buyer shall pay to Seller within twenty (20) Business Days after such receipt or utilization an amount equal to such refund received or credit utilized, together with any interest received or credited thereon net of any out-of- pocket costs associated therewith.
His early murals were destroyed, repainted, ignored, while his biggest literary work, Lanark, was still in the making, and shorter works – plays, radio dramas, short stories – had little impact.
Buyer shall not settle any such proceeding involving a Straddle Taxable Period without Seller's prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed.
An application for the removal of the Holding Zone shall provide the necessary information to show compliance with all Municipal By-laws, the Ontario Building Code, particularly as it relates to fire, health, safety and occupancy regulations and the adequacy of a potable water supply and sewage disposal facility approved by the appropriate government agency having jurisdiction.
Ad valorem Property Taxes shall be prorated as follows: the Parties will calculate the prorated Property Taxes for any Straddle Taxable Period based upon both the "due date" method and the "calendar year" method, pursuant to the methodologies stated in Exhibit 5.9(b).
If, after the Closing, Buyer or the applicable Project Company receives a refund or utilizes a credit of any Tax of the Project Company attributable to a period ending prior to the Closing Date or that portion of a Straddle Taxable Period ending on the Closing Date, Buyer shall pay to Seller within ten (10) Business Days after such receipt or utilization an amount equal to such refund received or credit utilized, together with any interest received or credited thereon net of any costs associated therewith.
After the Closing Date, with respect to Property Taxes on the Purchased Assets for a Straddle Taxable Period, Buyer shall have the right to participate (at its own expense) in the appeal, settlement or compromise of any proceeding to determine the value of the Project for purposes of Property Taxes.
Supply conditions are expected to normalize as from the second half of 2022.