Intercompany Transaction definition

Intercompany Transaction means a transaction between two members of the same combined group.

Intercompany Transaction means any Account, Chattel Paper, General Intangible, Instrument, Document or other Indebtedness or obligation arising from business done with or for, or Indebtedness owed between or among, the subject Person and any Subsidiary or Affiliate of such Person.

Intercompany Transaction has the meaning set forth in Treasury ------------------------ Regulation 1.1502-13 in effect on or after July 12, 1995.

Examples of Intercompany Transaction in a sentence

• Except in connection with a Permitted Acquisition or a Permitted Intercompany Transaction, (i) merge with any Person, (ii) consolidate with any Person, (iii) acquire all or substantially all of the Stock or Stock Equivalents of any Person or (iv) acquire all or substantially all of the assets of any Person or all or substantially all of the assets constituting the business of a division, branch or other unit operation of any Person.

• As a result, to the extent the revenue in the Operating Account is contributed from another Debtor, an Intercompany Transaction is generated between LMPC with the particular Debtor that contributed the funds to the Primary Operating Account.

• Likewise, in accordance with the Cash Management System, disbursements made from the Check Disbursement Account or the ACH Disbursement Account on behalf of another Debtor gives rise to an Intercompany Transaction.

• Indeed, during these cases, the Debtors intend to segregate and separately track postpetition Intercompany Transactions and include a detailed accounting of such Intercompany Transaction in the Debtors’ monthly operating reports.

• Neither the Intercompany Transaction regulations nor the Preambles to the regulations address the intended scope of the term “realizes .

More Definitions of Intercompany Transaction

Intercompany Transaction means any Indebtedness or obligation arising from business done with or for, or Indebtedness owed between or among, Credit Parties or any Affiliate thereof.

Intercompany Transaction has the meaning set forth in Reg. Section 1.1502-13.

Intercompany Transaction has the meaning set forth in Treasury Regulation § 1.1502-13.

Intercompany Transaction means, as used in Section 4.4(j)(iv) hereof in relation to adjustments relating to the payment of a dividend, a transaction involving Sovereign and its Affiliates and/or Travelocity and its Affiliates, whether characterized as a dividend or another type of transaction, that is effected for a substantial business purpose of Sovereign and its Affiliates or Travelocity and its Affiliates and not for the purpose of transferring value from Travelocity for the benefit of the Majority Stockholders, as reasonably determined by the Board in good faith. For purposes of illustration, and not by way of limitation, a dividend or other transaction would be considered to be paid in connection with an Intercompany Transaction if it is paid incident to the satisfaction of obligations under a tax sharing or similar agreement.

Intercompany Transaction means any Account, Chattel Paper, General Intangible, Instrument, Document or other Debt or obligation arising from business done with or for, or Indebtedness owed between or among any Borrower and any other Borrower or Subsidiary or Affiliate thereof.

Intercompany Transaction has the meaning set forth in Treas. Reg. Section 1.1502-13.

Intercompany Transaction has the meaning set forth in Section 1.1502-13 of the U.S. Department of Treasury regulations promulgated under the Code.