Stand Alone Method Sample Clauses

Stand Alone Method. The following rules shall apply for purposes of computing Ribapharm's liability under the Stand Alone Method: (i) transactions during any Consolidated Period between a member of the Ribapharm Group and a member of the ICN Group that is not a member of the Ribapharm Group shall, for Federal Income Tax purposes, be accounted for pursuant to the provisions of the regulations under IRC Section 1502 that govern intercompany transactions (and to the extent appropriate for State or Foreign Income Tax purposes, similar rules shall apply in the case of transactions between such members which are included in State or Foreign Consolidated or Combined Income Tax Returns); (ii) during Consolidated Periods all computations shall be made in conformity with the positions, elections and accounting methods used by ICN in preparing the consolidated returns of the ICN Group; (iii) the highest marginal tax rate to which the Ribapharm Group could be subject under applicable Tax Law shall be deemed to be the only Tax rate to which such group is subject under such law; and (iv) subject to (i) through (iii) above, all computations and other determinations shall be made in accordance with the the laws and regulations applying to affiliated groups filing consolidated returns (including, in the case of any company that becomes or ceases to be a member of any Group, the laws and regulations applicable to a company that becomes or ceases to be a member of a such Group), as well as all other relevant federal Tax laws and regulations (and similar rules shall apply in the case of State or Foreign Taxes in respect to Consolidated or Combined Returns for such Taxes).
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Stand Alone Method. GNE shall prepare all of the proforma tax returns of the GNE Consolidated Group, and shall make all other computations and determinations under this Agreement relating to the GNE Consolidated Group or any of its members, using the "Stand-Alone Method." The Stand-Alone Method is the method that would apply to the GNE Consolidated Group if it never were a part of the RHI Group under any section of the tax laws or regulations, but instead filed its own consolidated or combined return under the applicable provisions of federal, state or local tax law and regulations dealing with such returns (provided, however, that transactions between (x) a member of the GNE Group and (y) a member of the RHI Group that is not a member of the GNE Group, shall be accounted for pursuant to the provisions of the regulations under IRC Section 1502 that govern intercompany transactions). Accordingly, the tax so computed by the GNE Group will be calculated utilizing none of the tax advantages or disadvantages which might arise to the overall RHI Group as a result of the actual Group consolidated/combined tax filings. In addition, the GNE Group will not be permitted to adopt, nor will the GNE Group be required to adopt, any tax filing position in the preparation of its own pro forma returns which rely on its true and existing legal affiliation with the RHI Group. Under the Stand- Alone Method, (a) the income, gains, expenses, deductions, losses and credits in any taxable period of any member of the RHI Group that is not a member of the GNE Consolidated Group shall be disregarded, (b) the income, gains, expenses, deductions, losses and credits in any taxable period of any member of the GNE Consolidated Group shall be taken into account, (c) the applicable marginal tax rate under this "Stand-Alone Method" to which the GNE Consolidated Group could be subject under applicable federal, state or local law shall be deemed to be the only tax rate to which such group is subject under such law, and (d) all computations and other determinations shall be made in accordance with the federal, state and local tax laws and regulations applying to consolidated or combined groups (including, in the case of any company that becomes or ceases to be a member of the GNE Consolidated Group, the laws and regulations applicable to a company that becomes or ceases to be a member of a consolidated or combined group), as well as all other relevant federal, state and local tax laws and regulations. The GNE Grou...
Sample 1
Stand Alone Method. GNE shall prepare all of the proforma tax returns of the GNE Consolidated Group, and RHI and GNE shall make all other computations and determinations under this Agreement relating to the GNE Consolidated Group or any of its members, using the "Stand-Alone Method." The Stand-Alone Method is the method that would apply to the GNE Consolidated Group if it never were a part of the RHI Group, but instead filed its own consolidated or combined return under the applicable provisions of federal, state or local tax law and regulations dealing with such returns (provided, however, that transactions between (x) a member of the GNE Group and (y) a member of the RHI Group that is not a member of the GNE Group, shall be accounted for pursuant to the provisions of the regulations under IRC Section 1502 that govern intercompany transactions). Under the Stand-Alone Method, (a) the income, gains, expenses, deductions, losses and credits in any taxable period of any member of the RHI Group that is not a member of the GNE Consolidated Group shall be disregarded, (b) the income, gains, expenses, deductions, losses and credits in any taxable period of any member of the GNE Consolidated Group shall be taken into account, (c) all computations shall be made in conformity with the positions, elections and accounting methods used by RHI in preparing the consolidated and combined
Sample 1

Related to Stand Alone Method

  • Measurement method An isolation resistance test instrument is connected between the live parts and the electrical chassis. The isolation resistance is subsequently measured by applying a DC voltage at least half of the working voltage of the high voltage bus. If the system has several voltage ranges (e.g. because of boost converter) in conductively connected circuit and some of the components cannot withstand the working voltage of the entire circuit, the isolation resistance between those components and the electrical chassis can be measured separately by applying at least half of their own working voltage with those components disconnected.

  • Test method This test is intended to demonstrate the immunity of the vehicle electronic systems. The vehicle shall be subject to electromagnetic fields as described in this annex. The vehicle shall be monitored during the tests. If not otherwise stated in this annex the test shall be performed according to ISO 11451-2.

  • Allocation Method (Choose one of a. or b.): a. [ ] All the same. Using the same allocation method as applies to the Signatory Employer under this Election 28. b. [ ] At least one different. Under the following allocation method(s): .

  • Billing Method 2.6.1 To receive payment for services rendered pursuant to this contract the Contractor shall submit a fully completed invoice for work previously performed to: 2.6.2 At a minimum, the invoice shall detail the following information: 2.6.2.1 Unique invoice number; 2.6.2.2 Contractor’s name, address, and telephone number; 2.6.2.3 Date of invoice and/or billing period; 2.6.2.4 Applicable Contract No.;

  • PayPal as Login Method We may allow you to authenticate with PayPal when you log into certain external websites or mobile apps. If we do so, we may share your login status with any third party enabling you to log in in this way, as well as the personal and other account information that you consent to being shared so that the third party can recognize you. PayPal will not give the third party access to your account and will only make payments from your account to that third party with your specific authorization and instruction.

  • Payment Method Payment shall be made by the Contractor to the Subcontractor as follows: (choose one) ☐ - Immediately upon completion of the Services to the satisfaction of the Contractor. ☐ - Within ____ business days after completion of the Services to the satisfaction of the Contractor. ☐ - Shall be paid on a ☐ weekly ☐ monthly ☐ quarterly ☐ other ______________________ basis. If the Subcontractor completes the Services to the satisfaction of the Contractor, before the full amount or balance has been fully paid, any remaining amount shall be payable immediately. ☐ - Other: ________________________________________________________

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C. 1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

  • Procurement Method Quality-Based Selection (b) Selection under a Fixed Budget

  • Service Providing Methodology 1.3.1 Party A and Party B agree that during the term of this Agreement, where necessary, Party B may enter into further service agreements with Party A or any other party designated by Party A, which shall provide the specific contents, manner, personnel, and fees for the specific services. 1.3.2 To fulfill this Agreement, Party A and Party B agree that during the term of this Agreement, where necessary, Party B may enter into equipment or property leases with Party A or any other party designated by Party A which shall permit Party B to use Party A’s relevant equipment or property based on the needs of the business of Party B. 1.3.3 Party B hereby grants to Party A an irrevocable and exclusive option to purchase from Party B, at Party A’s sole discretion, any or all of the assets and business of Party B, to the extent permitted under PRC law, at the lowest purchase price permitted by PRC law. The Parties shall then enter into a separate assets or business transfer agreement, specifying the terms and conditions of the transfer of the assets.

  • Settlement Method For any Option, Net Share Settlement; provided that if the Relevant Settlement Method set forth below for such Option is not Net Share Settlement, then the Settlement Method for such Option shall be such Relevant Settlement Method, but only if Counterparty shall have notified Dealer of the Relevant Settlement Method in the Notice of Final Settlement Method for such Option.

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