Earnings and Profits Adjustments Sample Clauses

Earnings and Profits Adjustments. This Agreement is not intended to establish the method by which the earnings and profits of each member of the Group will be determined. Parent reserves the right to elect the method for allocating tax liability for the purposes of determining earnings and profits as set forth in Regulation 1.1552-1 (a) and 1.1502- 33(d).
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Earnings and Profits Adjustments. LS will notify Solutia of any redetermination of the earnings and profits and related amounts of creditable foreign taxes of any of the foreign corporations that are transferred by LS to Solutia following their acquisition by the LS Group in a transaction intended to qualify under Code Section 355(a).
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Earnings and Profits Adjustments. This agreement is not intended to establish the method by which the earnings and profits of each member of the Consolidate Group will be determined.
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Earnings and Profits Adjustments. This agreement is not intended to establish the method by which the earnings and profits of each member of the Titan Consolidated Group
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Earnings and Profits Adjustments. This agreement is not intended to establish the method by which the earnings and profits of each member of the Titan Group will be determined. Titan reserves the right to elect the method for allocating tax liability for the purposes of determining earnings and profits as set forth in Regulation Sections 1.1552-1 (a) and 1.1502-33(d).
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Earnings and Profits Adjustments. This Agreement is not intended to -------------------------------- establish the method by which the earnings and profits of each member of the SFW Group will be determined. Dart reserves the right to elect the method for allocating tax liability for the purposes of determining earnings and profits as set forth in sections 1.1552-1(a) and 1.1502-33(d) of the Treasury Regulations.
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Earnings and Profits Adjustments. 5.1 NOTICE. Xxxxxx shall notify Spinco within 75 days of an E+P Adjustment.
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Earnings and Profits Adjustments. LS will notify Chem of any redetermination of the earnings and profits and related amounts of creditable foreign taxes of any of the foreign corporations that are transferred by LS to Chem following their acquisition by the LS Group in a transaction intended to qualify under Code Section 355(a).
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Earnings and Profits Adjustments 
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Related to Earnings and Profits Adjustments

  • Special Basis Adjustments In connection with any assignment or transfer of a Partnership interest permitted by the terms of this Agreement, the General Partner may cause the Partnership, on behalf of the Partners and at the time and in the manner provided in Treasury Regulations Section 1.754-1(b), to make an election to adjust the basis of the Partnership’s property in the manner provided in Sections 734(b) and 743(b) of the Code.

  • Tax Adjustments The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 and 8, as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

  • PROFITS/LOSSES For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Basis Adjustment Within 120 calendar days after the filing of the U.S. federal income tax return of the Corporate Taxpayer for each Taxable Year in which any Exchange has been effected by any Member, the Corporate Taxpayer shall deliver to such Member a schedule (the “Exchange Basis Schedule”) that shows, in reasonable detail necessary to perform the calculations required by this Agreement, including with respect to each Exchanging party, (i) the Non-Stepped Up Tax Basis of the Reference Assets as of each applicable Exchange Date, (ii) the Basis Adjustments with respect to the Reference Assets as a result of the Exchanges effected in such Taxable Year, calculated (x) in the aggregate, (y) solely with respect to Exchanges by such Member and (z) in the case of a Basis Adjustment under Section 734(b) of the Code solely with respect to the amount that is available to the Corporate Taxpayer in such Taxable Year, (iii) the period (or periods) over which the Reference Assets are amortizable and/or depreciable and (iv) the period (or periods) over which each Basis Adjustment is amortizable and/or depreciable.

  • Profits and Losses For financial accounting and tax purposes, the Company’s net profits or net losses shall be determined on an annual basis in accordance with the manner determined by the Board. In each year, profits and losses shall be allocated entirely to the Member.

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Allocation of Net Profits and Net Losses As of the last day of each Fiscal Period, any Net Profits or Net Losses for the Fiscal Period shall be allocated among and credited to or debited against the Capital Accounts of the Members in accordance with their respective Investment Percentages for such Fiscal Period.

  • Allocation of Profits and Losses The Company’s profits and losses shall be allocated to the Member.

  • Net Income and Net Loss All net income or net loss of the Company shall be for the account of the Member.

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