Company Tax Group definition

Company Tax Group means (i) any "affiliated group" (as defined in Section ----------------- 1504(a) of the Code without regard to the limitations contained in Section 1504(b) of the Code) that, at any time on or before the Closing Date, includes or has included the Inso Subs or (ii) any other group of corporations which, at any time on or before the Closing Date, files or has filed Tax Returns on a combined, consolidated or unitary basis with the Company.
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Company Tax Group is defined in Section 2.16(a).
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Company Tax Group means any "affiliated group" (as defined in Section 1504(a) of the Code without regard to the limitations contained in Section 1504(b) of the Code) that, at any time on or before the Closing Date, includes or has included the Company or any subsidiary of the Company or any predecessor of or successor to the Company or any subsidiary (or another such predecessor or successor), or any other group of corporations that, at any time on or before the Closing Date, files or has filed Tax Returns on a combined, consolidated or unitary basis with the Company or any subsidiary or any predecessor of or successor to the Company or any subsidiary of the Company (or another such predecessor or successor).
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Examples of Company Tax Group in a sentence

  • If CEH LLC were to constitute a publicly traded partnership that is taxable as a corporation or elect to be classified as a corporation, it would be a member of the Company Tax Group, and its net income would be subject to federal income tax at the applicable corporate rates.

  • Delsener/Xxxxxx Holdings shall reimburse the Company for the federal, state and local income taxes payable by the Company Tax Group attributable to such income, as determined on a separate company basis, to the extent not included in the computation of the Working Capital, provided that Delsener/Xxxxxx Holdings shall have no reimbursement obligation if the Company has no income tax liability on a consolidated basis as a result of a net operating loss.

  • The Company will pay or cause to be paid all Taxes required to be paid on or prior to the Closing Date by the Company Tax Group pursuant to any Tax Return of the Company Tax Group.

  • Neither the Company nor any Subsidiary (or any member of the Company Tax Group) shall make any material Tax election, settle or compromise any Liability for Taxes or, other than in the ordinary course of business or as contemplated by this Agreement, engage in any transaction or operate the business in a manner that would directly or indirectly result in any Liability for Taxes of the Company or any Subsidiary.


More Definitions of Company Tax Group

Company Tax Group has the meaning set forth in SECTION 2.9(a)(i).
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Company Tax Group means the Affiliated Group of which the Company is the common parent.
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Related to Company Tax Group

  • Tax Group means any federal, state, local or foreign consolidated, affiliated, combined, unitary or other similar group of which the Acquiror Company is now or was formerly a member.

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • Income Tax Return means any Tax Return relating to Income Taxes.

  • VAT Group means a group for the purposes of the VAT Grouping Legislation.

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Income Tax Returns means all Tax Returns relating to Income Taxes.

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • Tax Attributes means net operating losses, capital losses, tax credit carryovers, earnings and profits, foreign tax credit carryovers, overall foreign losses, previously taxed income, tax bases, separate limitation losses and any other losses, deductions, credits or other comparable items that could affect a Tax liability for a past or future taxable period.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Taxable Event means any change in control or other event which triggers the imposition of any Excise Tax on any Payment.

  • Affiliated Group means any affiliated group within the meaning of Code Section 1504(a) or any similar group defined under a similar provision of state, local or foreign law.

  • Tax Liabilities means all liabilities for Taxes.

  • SpinCo Separate Return means any Tax Return of or including any member of the SpinCo Group (including any consolidated, combined, or unitary return) that does not include any member of the Parent Group.

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.

  • Straddle Tax Period means a Tax period that begins on or before the Closing Date and ends thereafter.

  • Retained Group means the Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (except members of the Group);

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”