Examples of Tax Ownership in a sentence
Any Person that did not file a Substantial Claimholder Notice shall not be entitled to acquire Tax Ownership of any equity of the reorganized Debtors (or consideration in lieu thereof) in excess of the Applicable Percentage in connection with the implementation of the 382(l)(5) Plan.
Miller, David S., Taxpayers' Ability to Avoid Tax Ownership: Current Law and Future Prospects, 51 The Tax Lawyer 2, 279-349 (1998).date of sale, and which is time 2.84 In a short sale, where X sells at time 1 and buys at time 2, the date of receipt of sale proceeds is time 1, i.e. before the date of realization, which is the date when X replaces the borrowed shares at time 2.
Acquisitions and dispositions of Tax Ownership of Stock in violation of the restrictions and procedures set forth in Section 2 shall be void ab initio, and the sanction for violating Section 2 shall be reversal of the noncompliant transaction or such other (or additional) measures as the Court may consider appropriate.
Any Person that acquires Covered Claims in violation of a Sell Down Order or a Claims Trading Notice Order shall not be entitled to acquire Tax Ownership of any equity of the reorganized Debtors (or consideration in lieu thereof) in connection with the implementation of the 382(l)(5) Plan in excess of the percentage of equity to which such Person would have been entitled had it not acquired such Covered Claims.
According to Hannah Arendt, freedom is often used to “justify what on rational grounds has become unjustifiable,” meaning horrific violence, and this is certainly what the rebellious demigods do.8 This justification of violence is what led to the total war of World War II, Arendt explains, and what leads Luke to seek out Kronos in the first place.
Capital Gains Tax: Ownership of mineral rights may change for several reasons.
A Person may object to the requirement of the preceding sentence on the grounds that compliance would result in such Person’s having Tax Ownership of an amount of Covered Claims that is less than the Threshold Amount (so long as it has complied and continues to comply with the Participation Restriction) or its Protected Amount.
For the avoidance of doubt, (i) such Person shall not be permitted to retain Tax Ownership of any Newly Traded Covered Claims if a Sell Down Order has been or is subsequently issued pursuant to Section 4, and (ii) if a Claims Trading Notice Order has been issued pursuant to Section 4(e), such Person shall only be permitted to retain Tax Ownership of Newly Traded Covered Claims to the extent that such retention would not impair the reasonable “cushions” referred to in Section 4(c).
In no event, however, shall an acquisition or disposition of Tax Ownership of Covered Claims be rendered void or unenforceable by reason of the Interim Trading Order.
From and after the Effective Date until the two year anniversary of the Effective Date, the Company shall not take any corporate action that shall have the effect of increasing Holder’s Beneficial Tax Ownership of Common Stock above 9.9% of the Company Fully-Diluted Share Amount.