ITC Holding definition
Examples of ITC Holding in a sentence
Notwithstanding the foregoing, from and after the date on which ITC Holding Company, Inc.
After the Effective Time, any nominee or successor nominee shall be selected by mutual agreement of ITC Holding Company, Inc., a Delaware corporation ("ITCORP") and SCANA Communications Holdings, Inc., a Delaware corporation ("SCORP") or, if no such agreement can be reached, by whichever of ITCORP and SCORP beneficially owns the larger number of shares of VoiceStream Common Stock and VoiceStream preferred stock (on an as-if-converted basis).
The Company shall have the right, but shall not be obligated, to sell at the Initial Closing to one or more investors unaffiliated with ITC Holding Company, Inc.
Immediately following the ------------------------------------------ assignment and assumption of the Assigned Agreements pursuant to Sections 1 and 2 above, respectively, and effective upon receipt from ITC Holding Company, Inc.
Sprint shall send all payments payable hereunder, via wire transfer, to: ITC Holding Company Bank ABA# ▇▇▇▇▇▇▇▇▇ Account #707788 First National Bank ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Any amounts not paid by Sprint within ten (10) days after receipt of written notice from IFN shall be subject to a late payment charge calculated from the invoice due date to the date paid, with interest calculated at Prime plus 2%.
No alteration, amendment, modification, or waiver of any of the terms of this Agreement shall be valid unless made by an instrument signed by an authorized officer of each of ITC Holding and KNOLOGY, or in the case of a waiver, by the party against whom the waiver is to be effective.
In the case of any adjustment not covered in the preceding sentence, ITC Holding shall determine the amount to be paid by each party in a manner consistent with the principles of this Agreement and with past practice.
Prior to the Distribution, ITC Holding shall determine the estimated KNOLOGY Federal Tax Liability and, if applicable, the estimated KNOLOGY State Tax Liability resulting from Combined State Tax filings for Pre-Distribution CY 1999.
ITC Holding shall provide services in connection with this Agreement, including but not limited to, those services relating to the preparation of returns (including Pro Forma Returns) and determination of KNOLOGY Tax Liability as described in Sections 2 and 3.
At the time ITC Holding files ITC Holding Consolidated Group's consolidated Federal Tax Returns for CY 1999, ITC Holding shall deliver to KNOLOGY a copy of the returns.