Post-Closing Straddle Period definition

Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

Post-Closing Straddle Period shall have the meaning set forth in Section 8.1(b).

Post-Closing Straddle Period shall have the meaning set forth in Section 6.10(e).

Examples of Post-Closing Straddle Period in a sentence

• The portion of Tax attributable to a Post-Closing Straddle Period will be calculated in a corresponding manner.

• The portion of Tax attributable to a Post-Closing Straddle Period shall be calculated in a corresponding manner.

• To the extent that any Tax for a Straddle Period is based on the greater of a Tax on net income, on the one hand, and a Tax measured by net worth or some other basis not otherwise measured by income, on the other hand, the portion of such Tax related to the Pre-Closing Straddle Period and the Post-Closing Straddle Period will be determined based on the foregoing and based on the manner in which the actual Tax liability for the entire Straddle Period is determined.

• For purposes of this Agreement, the portion of Tax with respect to the income, property or operations of the Company that are attributable to any Straddle Period will be apportioned between the Pre-Closing Straddle Period and the Post-Closing Straddle Period.

• At the Closing, Buyer shall be credited with an amount equal to any unpaid Periodic Taxes attributable to Pre-Closing Straddle Period and Sellers shall be credited with an amount equal to any Periodic Taxes paid by Sellers but apportioned hereunder to the Post-Closing Straddle Period (each determined in accordance with the foregoing principles).

More Definitions of Post-Closing Straddle Period

Post-Closing Straddle Period has the meaning set forth in Section 6.03(e).

Post-Closing Straddle Period has the meaning set forth in Section 4.9(a).

Post-Closing Straddle Period with respect to any Straddle Period, the portion beginning after the Closing Date and ending on the last day of such Taxable Year.

Post-Closing Straddle Period has the meaning set forth in Section 6(d)(i)(A) below.

Post-Closing Straddle Period means with respect to a Straddle Period, that portion of such Straddle Period that begins on the day immediately following the Closing Date.

Post-Closing Straddle Period is defined in Section 10.3(b).

Post-Closing Straddle Period means the portion of any Straddle Period beginning after the Closing Date.