Distributing Business definition
Distributing Business means, (i) with respect to any Tax Year (or portion thereof) ending at or before the Effective Time, the assets, liabilities and businesses of Distributing and its Subsidiaries (other than the Splitco Business); and (ii) with respect to any Tax Year (or portion thereof) beginning after the Effective Time, the assets, liabilities, and businesses of the Distributing Group during such Tax Year (or portion thereof).
Distributing Business means, (i) with respect to any Tax Period (or portion thereof) ending at or before the Effective Time, the assets, liabilities, and businesses of Distributing and its Subsidiaries during such Tax Period (or portion thereof) (other than the Splitco Business); and (ii) with respect to any Tax Period (or portion thereof) beginning after the Effective Time, the assets, liabilities, and businesses of the Distributing Group during such Tax Period (or portion thereof).
Distributing Business means, (i) with respect to any Tax Year (or portion thereof) ending at or before the Effective Time, the assets, liabilities, and businesses of, and any equity or debt interests in, Starz, LLC, Starz Entertainment LLC, Starz Media, and each of their respective Subsidiaries; and (ii) with respect to any Tax Year (or portion thereof) beginning after the Effective Time, the assets, liabilities, and businesses of the Distributing Group during such Tax Year (or portion thereof).
Examples of Distributing Business in a sentence
Distributing shall have the sole discretion of filing any Tax Return on a consolidated, combined, or unitary basis, if such Tax Return would include at least one member of each Group (or with respect to any Pre-Distribution Period, Tax Items of both the Distributing Business and the Splitco Business) and the filing of such Tax Return is elective under applicable Tax Law.
If any Tax Item attributable to or arising from the Distributing Business in a Tax Period is carried forward or back and utilized to generate a Tax Benefit in another Tax Period, the resulting Tax Benefit shall be allocated to Distributing.
More Definitions of Distributing Business
Distributing Business means, (i) with respect to any Tax Year (or portion thereof) ending prior to the Issue Date, the assets, liabilities, and businesses of, and any equity or debt interests in, QVC, Inc., Provide Commerce, Inc., and each of their respective Subsidiaries; (ii) with respect to any Tax Year (or portion thereof) beginning on the Issue Date and ending at or before the Effective Time, the assets, liabilities and businesses that were tracked during such Tax Year (or portion thereof), and only for so long as so tracked, by the Liberty Interactive Common Stock (including any equity or debt interests in any entities so tracked); and (iii) with respect to any Tax Year (or portion thereof) beginning after the Effective Time, the assets, liabilities, and businesses of the Distributing Group during such Tax Year (or portion thereof).
Distributing Business means (i) the businesses and operations of any member of the Distributing Group and (ii) any Distributing Discontinued Business, in each case, other than the Publishing Business.
Distributing Business means the P&M Technologies Business as set forth in the Separation Agreement.
Distributing Business means the businesses conducted by Distributing and its subsidiaries other than the Tronox Business.
Distributing Business has the meaning set forth in the recitals.
Distributing Business means, (i) with respect to any Tax Year (or portion thereof) ending on or before the Distribution Date, the assets, liabilities, and businesses of Liberty Global’s European businesses; and (ii) with respect to any Tax Year (or portion thereof) beginning after the Distribution Date, the assets, liabilities, and businesses of the Distributing Group during such Tax Year (or portion thereof).
Distributing Business means the Emerson Business, as defined in the Distribution Agreement.