Tax Indemnification Period means any Pre-Distribution Taxable Period and that portion of any Straddle Period that ends on the Distribution Date.
Tax Indemnification Period means with respect to any Tax, any Pre-Closing Tax Period of the Company.
Tax Indemnification Period means the period, (including all prior taxable years) ending on and including the Closing Date. For any taxable year of the Company that does not end on, and would otherwise extend beyond, the Closing Date, there shall be a deemed short taxable year ending on and including such date and a second deemed short taxable year beginning on and including the day after such date. For purposes of allocating gross income and deductions between deemed short taxable years, the books of the Company shall be closed as of the close of business of the Closing Date, and all amounts of income, gain, loss and deduction shall be reflected in the period in which such items accrued under the Company's normal tax accounting methods.
Examples of Tax Indemnification Period in a sentence
Such officer shall have the authority, subject to the rights of UCRI under this Agreement and at UCRI's direction, to execute powers of attorney (including Form 2848) on behalf of each member of the Affiliated Group with respect to Tax Returns and Taxes for the Tax Indemnification Period.
Subject to the rights of the ACCO Tax Group under the other provisions of this Agreement, such officer shall have the authority to execute powers of attorney (including Form 2848) on behalf of each member of the ACCO Tax Group with respect to Tax Returns for the Tax Indemnification Period.
Subject to the rights of the Alpha Tax Group under the other provisions of this Agreement, such officer shall have the authority to execute powers of attorney (including Form 2848) on behalf of each member of the Alpha Tax Group with respect to Tax Returns for the Tax Indemnification Period.
The quality of the medical system plays a big role for companies choosing to relocate.’’ Nevada has been especially hard hit because it’s one of the States with the sharpest rise in malpractice costs.
Without the prior consent of AWS (such consent not to be unreasonably withheld), no member of the Avalon Group shall carry back any net operating loss or other Tax Item from a Post-Tax Indemnification Period to a Tax Indemnification Period; and, without the prior consent of Avalon (such consent not to be unreasonably withheld), no member of the AWS Group shall carry back any net operating loss or other Tax Item from a Post-Tax Indemnification Period to a Tax Indemnification Period.
More Definitions of Tax Indemnification Period
Tax Indemnification Period means (i) any Pre-Closing Tax Period of the Company or any Subsidiary, (ii) with respect to any Tax described in clause (ii) of the definition of "Tax", any Pre-Closing Tax Period of the Company or any Subsidiary and the taxable year of any member of a group described in such clause (ii) which includes (but does not end on) the Closing Date, and (iii) with respect to any Tax described in clause (iii) of the definition of "Tax", the survival period of the indemnification obligation under the applicable contract.
Tax Indemnification Period means any Pre-Distribution Taxable Period and that portion, ending on the Closing Date, of any Straddle Period. "Tax Item" means any item of income, gain, loss, deduction, credit, provisions for reserves, recapture of credits or any other item which is taken into account in determining taxable income or is otherwise taken into account in determining Taxes paid or payable, including an adjustment under Section 481 of the Code resulting from a change in accounting method. "Tax Records" has the meaning set forth in Section 6.3. "Tax Refund" means a refund of Taxes (including a reduction in Taxes as a result of any credit or any offset against Taxes or Tax Items) reduced (but not below zero) by any net increase in Taxes Actually Realized by the recipient (or its Affiliate) thereof as a result of the receipt thereof. "Tax Return" means any return, filing, questionnaire, information return or other document required to be filed, including requests for extensions of time, filings made with respect to estimated tax payments, claims for refund and amended returns that may be filed, for any period with any Taxing Authority (whether domestic or foreign) in connection with any Tax or Taxes (whether or not a payment is required to be made with respect to such filing). "Taxing Authority" means any governmental or quasi-governmental body exercising any Taxing authority or Tax regulatory authority. "Timing Difference" means an increase in income, gain or recapture, or a decrease in deduction, loss or credit, as calculated for Income Tax purposes, of the taxpayer for any Post-Tax Indemnification Period coupled with an increase in deduction, loss or credit, or a decrease in income, gain or recapture, of the taxpayer for the Tax Indemnification Period. "Transfer Taxes" means all transfer, documentary, sales, use, registration, value-added and other similar Taxes (including all applicable real estate transfer Taxes and real property transfer gains Taxes) and related amounts (including any penalties, interest and additions to Tax) arising as a result of or otherwise incurred in connection with any of the transactions contemplated by the Merger Agreement or the Ancillary Agreements. ARTICLE II
Tax Indemnification Period means the period (including all prior taxable years) ending on and including the Closing Date. For any taxable year of the Company or any Subsidiary that does not end on, and would otherwise extend beyond, the Closing Date, there shall be a deemed short taxable year ending on and including the Closing Date and a second deemed short taxable year beginning on and including the day after the Closing Date. The allocation of income and deductions between the deemed short taxable years shall be based on a closing of the books as of the end of the Closing Date.
Tax Indemnification Period means (i) with respect to any Tax described in clause (i) of the definition of "Tax", any Pre-Closing Tax Period of any Company, (ii) with respect to any Tax described in clause (ii) of the definition of "Tax", any Pre-Closing Tax Period of any Company and the Tax year of any member of a group described in such clause (ii) which includes (but does not end on) the Closing Date, and (iii) with respect to any Tax described in clause (iii) of the definition of "Tax", the survival period of the obligation under the applicable contract or arrangement.
Tax Indemnification Period means the period (including all prior taxable years) ending on and including the Closing Date, and the term "TAX INDEMNITOR" shall mean News Corporation.
Tax Indemnification Period means (i) with respect to any Tax described in Clause (i) of the definition of "Tax," any Pre-Closing Tax Period or Short Period of F&F or a Company, (ii) with respect to any Tax described in Clause (ii) of the definition of "Tax," any Pre-Closing Tax Period or Short Period of F&F or a Company and the taxable period of any member of a group described in such Clause (ii) which includes (but does not end on) the Closing Date, (iii) with respect to any Tax described in Clause (iii) of the definition of "Tax", the survival period of the obligation under the applicable contract or arrangement.
Tax Indemnification Period means the period (including all prior taxable years) ending on and including the Closing Date. For any taxable year of the Companies that does not end on, and would otherwise extend beyond, the Closing Date, there shall be a deemed short taxable year ending on and including such date and a second deemed short taxable year beginning on and including the day after such date. For purposes of allocating gross income and deductions between deemed short taxable years, all amounts of income and deduction shall be deemed to have accrued pro rata during the actual taxable years of the Companies, except for items of income or loss arising from an extraordinary event, which shall be reflected in the period in which such event occurred.