Examples of Company Predecessor in a sentence
Long term debt (net of unamortized discount) consisted of the following: Company Predecessor The 9% Notes.
OTHER--A predecessor entity to the Company ("Predecessor"), as a result of a certain shareholder loan transaction, could be subject to federal and certain state income taxes (plus interest and penalties, if any) if it is determined that it failed to satisfy all of the requirements of the S-Corporation provisions of the Internal Revenue Code relating to the prohibition concerning a second class of stock.
Specifically, the variable used to represent household welfare was per capita household income.
There exists no proposed tax assessment against the Company Predecessor except as disclosed in the Balance Sheet or in the Disclosure Letter.
The Company, Predecessor and the 2001 Predecessor needed to generate additional earnings of $7,317,000, $29,056,000 and $9,169,000 for the one month ended December 31, 2003, the eleven months ended November 30, 2003, and the three months ended March 31, 2001, respectively, to achieve a coverage ratio of 1:1.