Controlled 1 definition

Controlled 1 means xpedx Holdings S.A.R.L.
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Controlled 1 has the meaning set forth in the IRS Ruling Request.
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Examples of Controlled 1 in a sentence

  • Any indebtedness owed by Controlled 1 to Distributing 1 after Distribution 1 will not constitute stock or securities.

  • Distributing 2 will not have an excess loss account with respect to the stock of Controlled 1 immediately following the Controlled 1 Spin-Off and at the time of the Separation.

  • No assets of any Sub 13 Subsidiary have been, or will be, disposed of by any Sub 13 Subsidiary or Sub 13 except for dispositions in the ordinary course of business, dispositions occurring more than three years prior to adoption of the plans of complete liquidation and transfers to Controlled 1 pursuant to the Sub 13 Liquidation.

  • Effective with the transfer of fossil assets and liabilities, Controlled 1 will be indebted to Distributing as evidenced by promissory notes in the aggregate principal amount of $366,266,000, each note in such principal amount, and with such maturity date and interest rate as set forth on Exhibit A hereto, to Distributing.

  • Payments made in any continuing transactions between Distributing 1 and Controlled 1 will be for fair market value and based on arm's-length terms and conditions.

  • As soon as the first liquidating distribution has been made, Sub 13 will cease to be a going concern and its activities will be limited to winding up its affairs, paying its debts, and distributing its remaining assets to Controlled 1.

  • Controlled 1 is a State K holding company which is not directly engaged in any 4 PLR-121282-97 trade or business.

  • Controlled 1, on the date of adoption of the plan of complete liquidation, and at all times until the final liquidating distribution is completed, will own at least 80 percent of the single outstanding class of Sub 13 stock.

  • Public Service Commission of Distributing's application for transfer of its generating assets to Controlled 1.

  • Controlled 1 is not an organization that is exempt from federal income tax under Section 501 or any other provision of the Code.

Related to Controlled 1

  • Controlled Company means a company having not more than fifty members and controlled, in the manner described by section 139, by not more than five persons;

  • controlled drug means an article or substance prescribed under a regulation to be a controlled drug.

  • Section 385 Controlled Partnership has the meaning set forth in Treasury Regulation Section 1.385-1(c)(1) for a “controlled partnership”.

  • Controlled Entities means those entities (including special purpose entities) over which another party has the power to govern, directly or indirectly, decision making in relation to financial and operating policies, so as to require that entity to conform with such controlling party’s objectives;

  • Controlled Entity means (i) any of the Subsidiaries of the Company and any of their or the Company’s respective Controlled Affiliates and (ii) if the Company has a parent company, such parent company and its Controlled Affiliates. As used in this definition, “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise.

  • Commonly Controlled Entity an entity, whether or not incorporated, that is under common control with the Borrower within the meaning of Section 4001 of ERISA or is part of a group that includes the Borrower and that is treated as a single employer under Section 414 of the Code.

  • Controlled Investment Affiliate means, as to any Person, any other Person, which directly or indirectly is in control of, is controlled by, or is under common control with such Person and is organized by such Person (or any Person controlling such Person) primarily for making direct or indirect equity or debt investments in the Company and/or other companies.

  • Controlled have meanings correlative to the foregoing.

  • Controlled Shares in reference to any person means all shares of the Company directly, indirectly or constructively owned by such person as determined pursuant to Section 958 of the Code.

  • Controlled Group Liability means any and all liabilities (i) under Title IV of ERISA, (ii) under Section 302 of ERISA, (iii) under Sections 412 and 4971 of the Code, and (iv) as a result of a failure to comply with the continuation coverage requirements of Section 601 et seq. of ERISA and Section 4980B of the Code.

  • Controlled substance means a controlled substance in schedules I through V of Section 202 of the Controlled Substances Act (2l U.S.C. 8l2) and as further defined in regulation at 2l CFR l308.ll-l308.l5.

  • controlled airspace means an airspace of defined dimensions within which air traffic control service is provided in accordance with the airspace classification;

  • controlled flight means any flight which is subject to an air traffic control clearance;

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Controlled dangerous substance means a drug, substance, or

  • Controlled Group means all members of a controlled group of corporations and all trades or businesses (whether or not incorporated) under common control which, together with any Borrower, are treated as a single employer under Section 414 of the Code.

  • Controlled Affiliates means with respect to any Person, any other Person that directly or indirectly through one or more intermediaries is Controlled by such Person.

  • Controlled Foreign Corporation means “controlled foreign corporation” as defined in the Tax Code.

  • Controlled substances means a substance, including a drug and an immediate precursor listed in Schedules I through V of Subchapter A of the Texas Controlled Substances Act, Tex. Rev. Civ. Stat. Ann. Articles

  • IESO-Controlled Grid has the meaning ascribed to it by the IESO Market Rules.

  • CAISO Controlled Grid has the meaning set forth in the CAISO Tariff.

  • Controlled Deposit Account means a Deposit Account (i) that is subject to a Deposit Account Control Agreement or (ii) as to which the Collateral Agent is the Depositary Bank’s “customer” (as defined in UCC Section 4-104).

  • Controlled Group Member means each trade or business (whether or not incorporated) which together with any Loan Party is treated as a single employer under Sections 4001(a)(14) or 4001(b)(1) of ERISA or Sections 414(b), (c), (m) or (o) of the Code.

  • Controlled Deposit Amount means, for any Distribution Date with respect to the Controlled Accumulation Period, an amount equal to the sum of the Controlled Accumulation Amount for such Distribution Date and any Deficit Controlled Accumulation Amount for the immediately preceding Distribution Date.

  • Controlled insurer means a licensed insurer that is either directly or indirectly

  • Imitation controlled substance means a substance that is