Tronox Group definition
Examples of Tronox Group in a sentence
Furthermore, the Tronox Group will provide the necessary access reasonably required by Exxaro to consult with the retained employees and consultants or other service providers and employees referred to above.
The provisions of this Article VII shall apply for as long as Parent is required to consolidate the results of operations and financial position of Tronox and any other members of the Tronox Group or to account for its investment in Tronox under the equity method of accounting (determined in accordance with GAAP and consistent with Commission reporting requirements).
Distributing shall be entitled to receive, and shall be paid by Tronox, the amount of any Distributing Tax Benefits for any Pre-Deconsolidation Period with respect to any Return of any member of the Tronox Group.
Any and all existing tax sharing agreements or arrangements, written or unwritten, between any member of the Distributing Group and any member of the Tronox Group shall be terminated as of the date of this Agreement.
Any such written notification from Tronox to Parent will include documentation of any existing Indebtedness of the Tronox Group and estimated Indebtedness of the Tronox Group after giving effect to such proposed incurrence of such Indebtedness.
If a Pro Forma Return reflects a Tax Asset of a member of the Tronox Group that may under applicable law be used to reduce a Federal Tax or a Combined Tax of the Distributing Group for any Pre-Deconsolidation Period, Distributing shall pay to Tronox an amount equal to the actual Tax savings produced by such Tronox Group Tax Asset at the time such Tax savings is realized by the Distributing Group.
As of the date of this Agreement, neither the members of the Distributing Group nor the members of the Tronox Group shall have any further rights or liabilities under any such pre-existing tax sharing agreement or arrangement, and this Agreement shall be the sole tax sharing agreement or arrangement between the members of the Distributing Group and the members of the Tronox Group.
Distributing shall retain (or cause to be retained) all books and records with respect to Tax matters pertinent to any member of the Tronox Group relating to any Pre-Deconsolidation Period until the expiration of the relevant statutory period of limitations for the assessment of Tax, provided that Distributing shall consult with Tronox prior to destroying any such books and records and shall offer Tronox the opportunity to retain any such books and records after such date.
In addition to the foregoing, no quarterly report on Form 10-Q or any other document that refers, or contains information not previously publicly disclosed with respect to the ownership of Tronox by Parent, the separation of Tronox from Parent or the Exchange or Distribution will be filed with the Commission or otherwise made public by any Tronox Group member without the prior written consent of Parent.
Tronox and Parent will consult with each other as to the timing of their annual and quarterly earnings releases and any interim financial guidance for a current or future period and will give each other the opportunity to review the information therein relating to the Tronox Group and to comment thereon.