Definition of Tax Losses

  1. Tax Losses means all Tax Liabilities and any losses attributable to a reduction in net operating losses, net operating loss carryforwards, capital losses, capital loss carryforwards, or tax credits of the Oil States Group.

Examples of Tax Losses in a sentence

  1. Tax Losses shall have the meaning ascribed to such term in Section 7.1(a).
  2. Tax Losses means all Tax Liabilities and any losses attributable to a reduction in net operating losses, net operating loss carryforwards, capital losses, capital loss carryforwards, or tax credits of the Parent Tax Group.

Definition of Tax Losses in Agreement

Tax Losses means all Tax Liabilities and any losses attributable to a reduction in net operating losses, net operating loss carryforwards, capital losses, capital loss carryforwards, or tax credits of the Oil States Group.


Definition of Tax Losses in Agreement Among

Tax Losses means any Taxes imposed on or relating to (a) the Sellers, (b) either of the Companies with respect to any Pre-Closing Date Tax Period or Interim Tax Period, (c) a Person with respect to any Pre-Closing Date Tax Period or Interim Tax Period for which either of the Companies has Liability under Law, including pursuant to Section 1.1502-6 of the Treasury Regulations or similar provision of other Tax Law, (d) either of the Companies with respect to any Pre-Closing Date Tax Period or Interim Tax Period as transferee or successor, by Contract or otherwise, (e) WinDoor's status as an S corporation during any Pre-Closing Date Tax Period or Interim Tax Period, (f) the making of the Section 338(h)(10) Election, and (g) any Tax the responsibility of which is Sellers' or Representative's pursuant to Section 6.7. For the avoidance of doubt, Tax Losses shall not include any Buyer Tax Responsibilities.


Definition of Tax Losses in Tax Sharing Agreement

Tax Losses means any (a) Indemnified Tax and (b) reasonable fees and expenses of legal counsel or other tax advisors incurred by Parent, the Surviving Corporation and/or any of the Company Subsidiaries in controlling a proceeding by any Governmental Authority with respect to any Indemnified Tax.