Blocker Entity definition

Blocker Entity means JGW Holdings, Inc., a Delaware corporation.

Blocker Entity means (a) any non-corporate entity whose sole assets consist, directly or indirectly, of Shares and cash or cash equivalents or (b) any corporation whose sole assets consist of Shares, interests in a non-corporate Entity described in clause (a), and cash or cash equivalents. A Blocker Entity may not conduct any business other than directly or indirectly holding the assets described in the prior sentence.

Blocker Entity means an entity treated as a corporation for United States federal income tax purposes and formed by the General Partner in connection with the acquisition or holding of one or more Investments in order to address the tax, regulatory or other circumstances related to such Investments.

Examples of Blocker Entity in a sentence

• Counselor Capital as Blocker Entity for Ranches One of R&A’s “services provided” was to help its clients retrieve the money that they had put into one of the products.

• First Counsel Capital as Blocker Entity for Ranches To use First Counsel Capital as a blocker, Ryder had to adjust a number of different entities.

• Within one hundred and eighty (180) calendar days after the filing of the U.S. federal income Tax Return of each Blocker Entity for the short Taxable Year including the Reorganization Transactions, the Corporation shall update the Estimated IPO Date Attribute Schedule to reflect the actual Blocker Attributes reflected on such Tax Returns and shall deliver such updated schedule (the “IPO Date Attribute Schedule”) to Searchlight and Rook.

• The determination of the portion of existing Tax basis in the Reference Assets that is allocable to Units previously owned by an applicable Blocker Entity (and payments made hereunder with respect to such Tax basis) shall be determined in good faith by the Corporation in consultation with its Tax Return preparer (which Tax Return preparer shall be a nationally recognized third-party accounting firm).

• The U.S. federal, state and local income Tax classification of Trilogy Holdings and the Blocker Entity and the effective date of any IRS Form 8832 filed by any such entity is set forth on Schedule 4.08.

More Definitions of Blocker Entity

Blocker Entity has the meaning set forth in Section 16.5(b) (Taxes of Co-Entrepreneurship).

Blocker Entity means a Delaware limited liability company formed as a wholly-owned subsidiary of the Company to acquire limited liability company interests of either Rosmar Holdings, LLC or Silver State South Solar, LLC, and collectively, the Blocker Entities.

Blocker Entity means GGCOF EHL Blocker, LLC.

Blocker Entity means each of EBLP Blocker and Xxxxxx Xxxxxxx.

Blocker Entity means, with respect to any TGE Investor, any single-purpose blocker entity formed under the laws of the United States that owns (directly or indirectly) all or a portion of such TGE Investor’s interests in the Interests and that is either a corporation or an entity classified as an association taxable as a corporation for U.S. federal income tax purposes.

Blocker Entity means any Person created by Cerberus or any of its Affiliates for the purposes of holding, directly or indirectly, any interest in the Company or any of its Subsidiaries, including without limitation, ETC Equity Holder LLC and ETC IP Participant LLC, whose sole asset shall be its interest in the Company.

Blocker Entity means the entity listed on Annex A.