Deficit Member definition

Deficit Member shall have the meaning given in Section 9.1.
Deficit Member has the meaning given to such term in Section 8.2(c).
Deficit Member when used for the Federal income tax allocation provisions of this Agreement (paragraphs 2 through 13) means the Member having an ordinary loss, capital loss, special deduction or tax credit arising in either a consolidated return year (past, present or future) or in a prior separate return year, which is utilized to a greater extent in the then current consolidated Federal income tax return than would have been the case, if such Member had filed a separate Federal income tax return for the year.

Examples of Deficit Member in a sentence

  • As a result, other receivable amounted to $101 and $0 as of September 30, 2019 and December 31, 2018, respectivelyCondensed Statement of Stockholders' Equity (Unaudited) - USD ($)Common Stock [Member]Discount on Common Stock [Member]Additional Paid- in Capital [Member]Accumulated Deficit [Member] TotalBalance at Dec.

  • Deficit Member States narrowed or reversed their current account deficits, even if they continue to record large negative net international investment positions (NIIPs).[4] At the same time, while some Member States narrowed their current account surpluses, they continue to run persistently high current account surpluses and therefore increase their NIIP.


More Definitions of Deficit Member

Deficit Member as defined in Paragraph 1(b) of the Travelers Tax Sharing Agreement.
Deficit Member is defined in Section 3.4(b) hereof.

Related to Deficit Member

  • Unit Member refers to any employee who is included in the bargaining unit as defined in Article II.

  • Student Member means the member of ICCB who has been selected by ICCB's Student Advisory Committee. The student member has all the privileges of membership defined in Section 2-3 of the Act.

  • Withdrawn Member means a Member whose interest in the Company has been terminated for any reason, including the occurrence of an event specified in Section 6.2, and shall include, unless the context requires otherwise, the estate or legal representatives of any such Member.

  • Independent Member of the board means a member of the board who has no business, family or other relationship that raises a conflict of interests regarding the CCP concerned or its controlling shareholders, its management or its clearing members, and who has had no such relationship during the five years preceding his membership of the board;

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Management Member means any Member that is an employee of the Company or any of its Subsidiaries.

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • Unit Holder means the owner of one or more Units.

  • Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Partner Group means any legal entity that has direct or indirect Control over the Partner and only as long as that legal entity maintains direct or indirect Control (“Parent Companies”) as well as all Associated Companies of the Parent Companies.

  • Management Members shall have the meaning set forth in the introductory paragraph of this Agreement.

  • Principal Member means the person who signs the application and is responsible for the payment of premiums.

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Subject Member has the meaning set forth in Section 4.1(d).

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • Founding Member means any individual who is either:

  • Preferred Member means a Member holding Preferred Units.

  • Bankrupt Member means a Member who: (i) has become the subject of a decree or order for relief under any bankruptcy, insolvency or similar law affecting creditors' rights now existing or hereafter in effect; or (ii) has initiated, either in an original proceeding or by way of answer in any state insolvency or receivership proceeding, an action for liquidation, arrangement, composition, readjustment, dissolution, or similar relief.

  • Agent Member means any member of, or participant in, the Depositary.

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Former Member means a member that has withdrawn from a qualified authority under this section or a prior member of a qualified authority that has been dissolved under this section.

  • Capital Account means, with respect to any Member, the Capital Account maintained for such Member in accordance with the following provisions:

  • Deferred member means a person who elected to receive deferred vested retirement

  • Deposit Holder means _________ (state name and location of Deposit Holder) or, if left blank, the Sellers' Bank, which shall hold and release the Deposit in accordance with this Agreement.