Examples of Contributed Businesses in a sentence
The creation of the Joint Venture, including the contribution of the Contributed Businesses and related transactions, is collectively referred to as the “Transactions”.
MCK, Echo Holdco and Echo shall retain all books and records with respect to Taxes pertaining to the Contributed Businesses for a period of at least seven years following the Closing.
The Parties shall reasonably cooperate to (i) identify all Tax-related information with respect to the Contributed Businesses that is held by MUFG, MS or their respective Affiliates and is reasonably necessary for the preparation of any Tax Return of MUMSS or MSMS, (ii) agree on the format in which such documentation will be provided to MUMSS or MSMS, as applicable, and (iii) take all actions reasonably necessary to transfer such information to MUMSS or MSMS, as applicable, at the Closing.
The Company and the Parties hereby agree to cooperate to evaluate whether it will be commercially practical to use the “alternative procedure” described in Section 5 of Revenue Procedure 99-50, 1999-2 C.B. 757, for each Party’s information reporting obligations on all Forms 1042-S, all Forms in series 1098, 1099, and Form 5498 with respect to customers of the Contributed Businesses for the calendar year that includes the Closing Date, and, if the parties so agree, to implement such procedure.
Each of MUFG and MS shall have the same rights, and MUMSS, MSMS and their respective Subsidiaries shall have the same obligations, as are set forth above in this Section 3.2(b) with respect to any non-privileged records pertaining to their respective Contributed Businesses that are transferred to MUMSS or MSMS, as applicable.