Grant Group definition

Grant Group has the meaning set forth in Section 1 hereof.
Grant Group means (i) Grant, (ii) Grant's subsidiaries, and (iii) those corporations and other entities whose stock or ownership interests will be contributed to Grant prior to the Spin-Off Date, all of such subsidiaries of Grant and such corporations and other entities being listed on Exhibit A attached hereto. Unless otherwise specified, whenever items of income, gain, loss, deduction, credit, or other Tax attributes of Grant are referred to in this Agreement, the reference shall be to the collective amounts of such items for the Grant Group.
Grant Group means Xxxxxxx X. Xxxxx XX, Xxxxxxx X. Xxxxx III, Xxxxxx Xxxxx, SQ Acquisition Company, LLC, Haakon Capital LLC, and SQAC HOLDCO, LLC and any of their respective Affiliates.

Examples of Grant Group in a sentence

  • Except as otherwise provided in Paragraph 12 hereof, Weatherford shall not be obligated to pay Grant for any Tax credits of the Grant Group or any losses or deductions of the Grant Group used by the Weatherford Group to reduce its Federal income Tax liability or Federal taxable income for any Tax period ending on or before the Spin-Off Date.

  • Weatherford shall give prompt notice to Grant of any proposal made to it at the time of an audit or otherwise, to settle or compromise issues relating to the Tax liabilities of the Grant Group for any Tax period ending prior to or on the Spin-Off Date.

  • The shortage was equally assigned to Wells Inundation (286,540), to NNI (58,322), and to Grant Group 3 steelhead (95,500) under the Grant PUD Sharing Agreement.

  • Then, the engineering of this convertible bond can be done as shown in Figure 22-5.

  • Should Weatherford decline or cease to contest any proposed adjustment relating to the activities of the Grant Group for any Tax period ending prior to or on the Spin-Off Date, Weatherford shall so notify Grant.

  • The parties agree to share such information as is necessary to properly allocate the earnings and profits of the Grant Group in accordance with the Code and Treasury Regulations for Tax periods prior to or ending on the Spin-Off Date.

  • For purpose of the calculations under this Agreement, any loss of Tax credits resulting from or attributable to the transfer of assets to Grant or any other member of the Grant Group in connection with the Spin-Off shall be ignored and all calculations shall be made as though all such tax credits were available for use by the Weatherford Group.

  • For purposes of this Agreement, the "Grant Group" shall mean (i) Grant, (ii) Grant's subsidiaries, and (iii) those corporations and other entities whose stock or ownership interests will be contributed to Grant prior to the Spin-Off Date, all of such subsidiaries of Grant and such corporations and other entities being listed on Exhibit A attached hereto.

  • Grant agrees to make available to Weatherford, upon request, all Federal, state, local and foreign Tax Returns, work papers and other documents pertaining to the activities of the Grant Group prior to the Spin-Off.

  • Weatherford agrees to cooperate with Grant in determining the amount of such items of loss or other Tax benefits apportioned to and carried over by the Grant Group after the Spin-Off.

Related to Grant Group

  • Participant Group means you, each of your holding companies and subsidiaries and each subsidiary of each of your holding companies (as each such term is defined in the Companies Act 1985); and

  • Relevant Group means the Company and any affiliated, combined, consolidated, unitary or similar group of which the Company is or was a member.

  • Grant Recipient means the national government or a national government entity authorised to control or spend money under this Act or an incorporated or unincorporated body not otherwise authorised to control or spend money under this Act;

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • Award Recipient means the person, entity or entities that are to receive or have received grant funds through an award from the Illinois State Board of Education. The terms "grantee" and "award recipient" may be used interchangeably.

  • Registered in the System for Award Management (SAM means that–

  • Nonemployee Director means a Director who is not an Employee.

  • Named Executive Officers or “NEOs” means the following individuals:

  • Eligible Directors means, with respect to a Regulated Fund and a Potential Co-Investment Transaction, the members of the Regulated Fund’s Board eligible to vote on that Potential Co-Investment Transaction under Section 57(o) of the Act (treating any registered investment company or series thereof as a BDC for this purpose).

  • Non-Employee Directors means that term as defined in Rule 16b-3 under the 1934 Act.

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.

  • Nonemployee Director Award means any Award granted to a Nonemployee Director.

  • Service Group means any one or more (as the context may require) of the service groups described in this Schedule;

  • Non-Employee Director means a Director who either (i) is not a current employee or officer of the Company or an Affiliate, does not receive compensation, either directly or indirectly, from the Company or an Affiliate for services rendered as a consultant or in any capacity other than as a Director (except for an amount as to which disclosure would not be required under Item 404(a) of Regulation S-K promulgated pursuant to the Securities Act (“Regulation S-K”)), does not possess an interest in any other transaction for which disclosure would be required under Item 404(a) of Regulation S-K, and is not engaged in a business relationship for which disclosure would be required pursuant to Item 404(b) of Regulation S-K; or (ii) is otherwise considered a “non-employee director” for purposes of Rule 16b-3.

  • county executive committee member means the county executive committee member responsible for matters relating to land;

  • Sub-Service Provider means any person / firm / Organization / company /entity (other than the Service Provider) and it’s legal representatives, successors and permitted assigns named in the Contract as a Sub-Service Provider for a part of the Services or to whom a part of the Services has been sub-Contracted with the written prior consent of the Employer.

  • Participating Companies means any insurance company (including Insurance Company) that offers variable annuity and/or variable life insurance contracts to the public and that has entered into an agreement with one or more of the Funds.

  • Director-General means the Director-General of the Department;

  • Principals or Key Personnel means and refers to those principals and key personnel of the Contractor, and its or their agents, as described in C.G.S. §§ 4-250(5) and 4-252(c)(1)(B) and (C).

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Named Executive means any individual who, on the last day of the Company’s fiscal year, is the chief executive officer of the Company (or is acting in such capacity) or among the four most highly compensated officers of the Company (other than the chief executive officer). Such officer status shall be determined pursuant to the executive compensation disclosure rules under the Exchange Act.

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.

  • Eligible Recipients means all Employees, all Non-Employee Directors and all Consultants.

  • Eligible Individuals means directors, officers, employees and consultants of the Company or any of its Subsidiaries or Affiliates, and prospective employees and consultants who have accepted offers of employment or consultancy from the Company or its Subsidiaries or Affiliates.

  • Client Group means Client, any corporate body of which Client is a subsidiary (as defined by s. 1159 of the Companies Act 2006), any other subsidiary of such corporate body and any subsidiary of Client;

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.