Carryback Period definition

Carryback Period shall have the meaning set forth in Section 3.05.
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Carryback Period has the meaning set forth in Section 4.02 of this Agreement.
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Carryback Period means the taxable periods to which a Carryback Item can be applied.
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Examples of Carryback Period in a sentence

  • If the Carryback Period of a Circor Carryback Item ---------- includes a taxable period subject to a Return filed by ▇▇▇▇▇ under Section 7.01(a), Circor shall elect (under Code Section 172(b)(3) and (f)(6) and any other applicable Code provision and, to the extent feasible, any similar provision of applicable state or local Income Tax law) to relinquish such Carryback Period unless the parties agree otherwise.

  • In the absence of controlling legal authority, if the Temple-Inland Group and either the Forestar Group or Guaranty Group or both, as applicable, can carryback Tax Assets from the same Post-Distribution Period to a Carryback Period, the Tax Assets of the Temple-Inland Group shall be carried back and absorbed by the Temple-Inland Group first.

  • The Federal Income Tax Benefit of a carryback of a Tax Asset shall be considered equal to the greater of (1) the increase in the amount Hewlett-Packard would have paid Agilent or (2) the decrease in the amount Agilent would have paid Hewlett-Packard had the amount of such Tax Asset applied to the Carryback Period arisen in such Carryback Period and the provisions of Section 3 of this Agreement applied to such period.

  • Any refund or credit received by the Purchaser in respect of such application for a carryback (including any statutory interest paid or credited with respect thereto) attributable to the filing of such carryback to a Carryback Period that includes a taxable period that is the responsibility of the Sellers pursuant to Section 9.02 shall be for the benefit of Purchaser.

  • Deluxe agrees to pay to eFunds the United States federal income Tax Benefit from the use in any Pre-Distribution Period (the "Carryback Period") of a carryback of any Tax Asset of the eFunds Group from a Post-Distribution Period (other than a carryback of any Tax Asset attributable to Distribution Taxes).

  • The Federal Income Tax Benefit of a carryback of a Tax Asset shall be considered equal to the greater of (1) the increase in the amount Hewlett-Packard would have paid Agilent or (2) the decrease in the amount Agilent would have paid Hewlett-Packard had the amount of such Tax Asset applied to the Carryback Period arisen in such Carryback Period and the provisions of Sections 3 and 4 of this Agreement applied to such period.

  • In the case of a Deconsolidation Event, Parent agrees to pay to CMC the Tax Benefit from the use in any Pre-Deconsolidation Period (the "Carryback Period") of a carryback of any Tax Asset of the CMC Group from a Post-Deconsolidation Period (other than a carryback of any Tax Asset attributable to Distribution Taxes for which the liability is borne by Parent or any Parent Affiliate).

  • Hewlett-Packard agrees to pay to Agilent the ---------- Federal Income Tax Benefit from the use in any Pre-Spinoff Period (the "Carryback Period") of a carryback of any Tax Asset of the Agilent Group from a Post-Distribution Period; provided, however, that if such carryback permanently -------- ------- prevents Hewlett-Packard from using a Tax Asset, Agilent shall reimburse Hewlett-Packard for such payment.

  • M&I agrees to pay to Metavante the federal income Tax Benefit from the use in any Pre-Distribution Period (the "Carryback Period") of a carryback of any Tax Asset of the Metavante Group from a Post-Distribution Period (other than a carryback of any Tax Asset attributable to Distribution Taxes).

  • Ford agrees to pay to Associates the actual Federal Income Tax benefit received by the Ford Group from the use in any Pre-Spinoff Period (the "Carryback Period") of a carryback of any Tax Asset of the Associates Group from a Post-Spinoff Period.


More Definitions of Carryback Period

Carryback Period has the meaning set forth in Section 4.02.
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Carryback Period has the meaning set forth in Section 5.5(a) of this Agreement.
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Carryback Period has the meaning ascribed to it in Section 9.02(h). ----------------
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Related to Carryback Period

  • Payback Period means the reasonably estimated period of time that it takes for the cost savings resulting from a capital improvement to equal the total cost of the capital improvement. Landlord, by itself or through an affiliate, shall have the right to directly perform, provide and be compensated for any services under this Lease. If Landlord incurs Expenses for the Building or Property together with one or more other buildings or properties, whether pursuant to a reciprocal easement agreement, common area agreement or otherwise, the shared costs and expenses shall be equitably prorated and apportioned between the Building and Property and the other buildings or properties.

  • Look-back Period means, with respect to any Employment Violation by Grantee, the period beginning on the date which is 12 months prior to the date of such Employment Violation by Grantee and ending on the date of computation of the Recapture Amount with respect to such Employment Violation.

  • Carryback means any net operating loss, net capital loss, excess tax credit, or other similar Tax item which may or must be carried from one Tax Period to another Tax Period under the Code or other applicable Tax Law.

  • Pre-Deconsolidation Period means any Tax Period ending on or before the Deconsolidation Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Deconsolidation Date.

  • Holdback Period has the meaning set forth in Section 3(a).