Section 338 Elections definition

Section 338 Elections has the meaning set forth in Section 6(e)(xi) hereof.
Section 338 Elections means both a Section 338(g) Election and a Section 338(h)(10)
Section 338 Elections shall have the meaning set forth in Section --------------------- 5.1(a).

Examples of Section 338 Elections in a sentence

  • Section 338 Elections in the Age of CoveredAsset Acquisitions..........................................................................

  • The Directors are required by the Company’s Bye-laws to give Shareholders thirty (30) days written notice before exercising this power.

  • Each Seller, on the one hand, and Purchaser, on the other, shall, and shall cause their respective Affiliates to, (i) treat the Section 338 Elections as valid, (ii) file all Tax Returns in a manner consistent with such Section 338 Elections, and (iii) take no position contrary thereto, except to the extent required pursuant to a "determination" (as defined in Section 1313(a) of the Code).

  • The Purchaser shall prepare (and shall be solely responsible for preparing) any and all forms necessary to effect the Section 338 Elections (including IRS Forms 8023 and 8883, and any similar forms under applicable U.S. state and local or foreign Tax Laws) (collectively, the“ Section 338 Forms”).

  • Seller will pay any Tax attributable to the purchase and sale of the Shares hereunder and the making of the Section 338 Elections (including any Taxes imposed under Section 1374 of the Code and any comparable forms under other applicable Law).


More Definitions of Section 338 Elections

Section 338 Elections shall have the meaning set forth in Section 4.15(c).
Section 338 Elections is defined in Section 2.05(a).
Section 338 Elections shall have the meaning set forth in Section 9.9(a). “Securities Act” means the Securities Act of 1933, as amended.
Section 338 Elections has the meaning set forth in Section 7.10(i)(i).
Section 338 Elections is defined in Section 11.7.
Section 338 Elections has the meaning set forth in Section 10.3(a).
Section 338 Elections means the Section 338(g) Elections and the Section 338(h)(10) Elections.