Examples of Aerial Group in a sentence
The tax settlement model attached to this Agreement as Schedule 1 has been prepared solely for purposes of making the adjustments contemplated by Sections 3, 4, 5 and 6 hereof, and the parties agree that it does not represent a projection of the anticipated results of the TDS Group, the Aerial Group or any member thereof and that, except for the adjustments noted, it was not relied upon by the parties hereto in arriving at the amount of the Tax Settlement Payment.
Upon such assignment, all references to "the Company" in the Registration Rights Agreement and "Aerial" in the referenced sections of this Agreement shall be deemed to refer to TDS rather than to Aerial and the references to "common stock" in the definition of "Common Stock" set forth in Section 1.1 of the Registration Rights Agreement shall be deemed to refer to the Aerial Group Shares of TDS rather than to the common stock of Aerial.
Aerial agrees that it will continue to allocate among AOC, its Subsidiaries, and each limited liability company formed pursuant to the Joint Venture Agreement, all credits, fees, charges and expenses related to, arising under or in connection with the Intercompany Agreements in accordance with the Aerial Group Allocation Procedures.
TDS acknowledges and agrees that the Tax Settlement Payment may be used by the Aerial Group for general corporate purposes and that no prepayment is due to TDS under the Revolving Credit Agreement, dated as of August 31, 1998, between TDS and AOC, as amended, or otherwise as a result of the Tax Settlement Payment or any other payment to be made by TDS to Aerial in accordance with this Agreement.
The charge represents the write-off of an investment in Sofrer SA, a French tower construction company held by SST (Lattice Group’s share £16m) and the write-down of goodwill arising on prior year acquisitions by SST, principally Aerial Group Ltd, following an impairment review (Lattice Group’s share £32m).
Within 30 days after filing the consolidated federal income tax return of the TDS Group for the consolidated return year ending December 31, 1999 (the "1999 Return"), TDS shall provide to Aerial a statement setting forth the amount of the consolidated net operating and capital losses of the TDS Group that are attributable to the Aerial Group as of the close of such consolidated return year (the "Adjusted Aerial Losses").
In consideration of the Tax Settlement Payment, the amount of the net operating and capital losses and tax credits of the Aerial Group taken into account under the Tax Allocation Agreement shall be adjusted to exclude the net operating and capital losses and tax credits attributable to the Aerial Group that are absorbed by the TDS Group in periods ending on or before December 31, 1999.
Each such audit shall be at Sonera's sole cost and expense unless it is determined that the aggregate allocations of fees, charges and expenses (net of any credits) made with respect to AOC exceeded the aggregate of such allocations (net of any credits) which should have been made in accordance with the Intercompany Agreements or Intercompany Policies, as applicable, and the Aerial Group Allocation Procedures by more than 10%, in which event the cost of such audit shall be borne by Aerial.
No fractional Aerial Share, or scrip representing a fractional Aerial Share, shall be issued upon such exchange, but in lieu thereof, Aerial (or TDS, if applicable) shall pay in cash the fair value thereof as of the Exchange Date, based upon the Aerial Average (or the Aerial Group Average, if applicable) for the 20 consecutive trading day period ending on the third trading day prior to the Exchange Date.