Dual Resident Corporations Sample Clauses

Dual Resident Corporations. Energizer shall timely enter into any --------------------------- closing agreement with Xxxxxxx and the IRS in accordance with Regs Section 1503-2(g)(2)(iv)(B)(2), to the extent necessary to avoid recapture of any "dual consolidated loss", within the meaning of Regs. Section 1.1503-2(c)(5) generated by any Energizer Domestic Subsidiary, which constitutes a "dual resident corporation" within the meaning of Regs. Section 1.1503-2(c)(2). To the extent Energizer causes the recapture of any "dual consolidated loss" created prior to the Distribution Date, Energizer shall pay or reimburse Xxxxxxx for any taxes and interest due as a result of the recapture.
AutoNDA by SimpleDocs

Related to Dual Resident Corporations

  • Constituent Corporations The name, address, jurisdiction of organization and governing law of each of the constituent corporations is as follows:

  • Residential Funding Corporation If Residential Funding Corporation is found by a court of competent jurisdiction to no longer be able to fulfill its obligations as REMIC Administrator under this Agreement the Master Servicer or Trustee acting as Master Servicer shall appoint a successor REMIC Administrator, subject to assumption of the REMIC Administrator obligations under this Agreement.

  • Subsidiaries and Predecessor Corporations The Company does not have any predecessor corporation(s) or subsidiaries, and does not own, beneficially or of record, any shares of any other corporation.

  • NCL CORPORATION LTD an exempted company incorporated under the laws of Bermuda with its registered office at Park Xxxxx, 00 Xxx-xx-Xxxxx Xxxx, Xxxxxxxx XX 00, Bermuda (the "Guarantor")

  • Investment Company; Public Utility Holding Company Neither the Company nor any Subsidiary is an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act of 1940, as amended, or a "public utility holding company" within the meaning of the Public Utility Holding Company Act of 1935, as amended.

  • Association of Company Affiliates Except for the issuance of securities to the Sponsor, no person to whom securities of the Company have been privately issued within the 180-day period prior to the initial confidential submission date of the Registration Statement has any relationship or affiliation or association with any Member.

  • S Corporation The Company has not made an election to be taxed as an "S" corporation under Section 1362(a) of the Code.

  • Subsidiaries and Partnerships Borrower has no subsidiaries and is not a party to any partnership agreement or joint venture agreement.

  • Business Development Company Buyer is a business development company as defined in Section 202(a)(22) of the Investment Advisors Act of 1940.

  • Status as Business Development Company The Borrower is an “investment company” that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.

Time is Money Join Law Insider Premium to draft better contracts faster.