Corporation Election definition

Corporation Election shall have the meaning set forth in Section 4.01 hereof.
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Corporation Election has the meaning given to that term in Section 2.3;
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Corporation Election has the meaning set forth in Section 11.3(c).
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Examples of Corporation Election in a sentence

  • Upon formation, and at the time of the Legacy Asset Transfer, LegacyCo shall be treated as a disregarded entity for U.S. federal income tax purposes, such that BBEP will still be regarded prior to the LegacyCo Distribution and Transfer as owning the LegacyCo Contributed Assets, unless the Requisite Consenting Second Lien Creditors effect the Corporation Election.

  • If you check “S Corporation” complete the New Jersey S Corporation Election form (CBT-2553) found in this booklet on pages 40-41.

  • Employ knowingly or continue in employment any person in connection with the dispensing or serving of alcoholic liquor or the mixing of drinks containing alcoholic liquor who has been adjudged guilty of a felony or of any crime involving a morals charge in this or any other municipality, this state or any other state, or of the United States.

  • Relief for a Late S Corporation Election Filed By an Entity Eligible To Elect To Be Treated as a CorporationA late election to be an S corporation and a late entity classification election for the same entity may be available if the entity can show that the failure to file Form 2553 on time was due to reasonable cause.

  • The number of directors of the Corporation shall be as from time to time fixed by, or in the manner provided in, the By-Laws of the Corporation, Election of directors need not be by written ballot unless the By-Laws so provide.

  • The PA S Corporation Election and Shareholders’ Consent form, REV-1640.

  • National Taxpayer Advocate 2010 Annual Report to Congress 278-90 (Most Serious Problem: S Corporation Election Process Unduly Burdens Small Businesses).E.

  • For more information on making these late elections, see Relief for a Late S Corporation Election Filed By an Entity Eligible To Elect To Be Treated as a Corporation, earlier.

  • National Taxpayer Advocate 2010 Annual Report to Congress 278-290 (Most Serious Problem: S Corporation Election Process Unduly Burdens Small Businesses).4.

  • LLC Characteristics S Corporation Election •S Corporation classified LLCs file using Form 100S.

Related to Corporation Election

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Form of Election has the meaning assigned in Section 3.3(b).

  • LCA Election has the meaning specified in Section 1.09(a).

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Non-Election Shares shall have the meaning set forth in Section 3.2.1.

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Deferral Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the amount of the Deferrals.

  • Exchange Election shall have the meaning specified in Section 14.12(a).

  • Special election means an election held as authorized by Section 20A-1-203.

  • Stock Election shall have the meaning set forth in Section 3.2.2.

  • Non-Electing Share has the meaning specified in Section 12.11.

  • Investment Election means the Participant’s election to have deferred amounts credited with hypothetical earnings credits (or losses) that track the investment performance of the Investment Options and/or Common Stock in accordance with Article V.

  • Early Opt-in Election means the occurrence of:

  • Eligible Corporation means any domestic C corporation (as defined in section 1361(a)(2) of the Code) other than a corporation which is exempt from, or is not subject to, tax under section 11 of the Code, an entity described in section 851(a) or 856(a) of the Code, a REMIC; or an organization to which part I, subchapter T, chapter 1, subtitle A of the Code applies. The Term "Related Person" means any person that bears a relationship to the Transferee enumerated in section 267(b) or 707(b)(1) of the Code, using "20 percent" instead of "50 percent" where it appears under the provisions; or is under common control (within the meaning of section 52(a) and (b) of the Code) with the Transferee.

  • Election means an election by a constituency, or by a class within a constituency, to fill a vacancy among one or more posts on the council of governors;

  • Safe Harbor Election has the meaning set forth in Section 10.2(d).

  • Election Date has the meaning specified in Section 3.12(h).