KCSI Group definition

KCSI Group means the KCSI Group as defined in the Intercompany Agreement and shown on Exhibit E thereto (except the KCSI Group also shall include KCSI for actions, occurrences or omissions arising after the Disaffiliation Date), except where the context of this Agreement shall indicate a discussion of consolidated or combined Tax Returns, in which case the KCSI Group shall mean KCSI and its U.S. Subsidiaries only. Xxxxxxxx shall provide, at Xxxxxxxx'x expense and to the extent permitted by law, consistent with Xxxxxxxx'x past tax accounting methods, information necessary for KCSI to complete the portion of the KCSI consolidated and combined Tax Returns relating to the Xxxxxxxx Group for the period through the Disaffiliation Date (or such longer period as necessary for the ratable allocation election discussed below) and any periods thereafter which are included in a KCSI consolidated or combined Tax Return. Each Tax Return and supporting details shall provide the type of information on members of the Xxxxxxxx Group as is consistent with past practice and shall be prepared in accordance with Section 1.3 hereof. For purposes of each federal income Tax Return, Xxxxxxxx and KCSI shall make an irrevocable ratable allocation election under Treasury Regulation Section 1.1502-76(b)(2)(ii) or any successor provision, and each shall take all action reasonably required of it to comply with the requirements of such election. Xxxxxxxx shall submit all such information and supporting details to KCSI at least forty-five (45) days prior to the date on which the consolidated or combined Tax Returns are due, including extensions.
KCSI Group means and refer to KCSI, Inc., and its Subsidiaries and Affiliates collectively.
KCSI Group means KCSI and its Subsidiaries other than members of the DST Group. Notwithstanding the foregoing to the contrary, Wyandotte Garage Corporation shall be treated as a member of only the KCSI Group and First President Corporation shall be treated as a member of only the DST Group. DST shall provide, at DST's expense and to the extent permitted by law, consistent with DST's past tax accounting methods, information necessary for KCSI to complete the portion of the KCSI consolidated and combined returns relating to the DST Group for the period through the Sale Date (or such longer period as necessary for the ratable allocation election discussed below) and any periods thereafter which are included in a KCSI consolidated or combined return. Each return and supporting details shall provide the type of information on members of the DST Group as is consistent with past practice and shall be prepared in accordance with the Tax Allocation Agreement dated January 1, 1989 between KCSI and DST (the "DST Tax Allocation Agreement"). For purposes of each federal income tax return, DST and KCSI shall make an irrevocable ratable allocation election under Treasury Regulation (S)1.1502 -76(b)(2)(ii) or any successor provision, and each shall take all action reasonably required of it to comply with the requirements of such election. DST shall submit all such information and supporting details to KCSI at least forty-five (45) days prior to the date on which the consolidated or combined returns are due, including extensions.

Examples of KCSI Group in a sentence

  • KCSI shall timely file or cause to be filed all other Tax Returns required with respect to the KCSI Group, and Xxxxxxxx shall timely file or cause to be filed all other Tax Returns with respect to the Xxxxxxxx Group.

  • If there should arise any audit expense the origin of which cannot be determined to be partially or solely with the Xxxxxxxx Group or the KCSI Group, such audit expense shall be divided equally between the Xxxxxxxx Group and the KCSI Group, and the Xxxxxxxx Group and the KCSI Group shall manage the underlying audit issue jointly and shall have joint authority and responsibility with respect to such audit issue.

  • If any member of the Xxxxxxxx Group generates a deduction, loss or credit for any Tax period ending after the Disaffiliation Date that can be carried back to any prior consolidated or combined Tax year which includes members of both the KCSI Group and the Xxxxxxxx Group, KCSI shall, at the written request of Xxxxxxxx and at Xxxxxxxx'x expense, prepare and file an amended Tax Return for such prior year reflecting such carryback.

  • KCSI and Xxxxxxxx hereby guarantee the performance of actions, agreements and obligations contained in this Agreement of each member of the KCSI Group and the Xxxxxxxx Group, respectively.

  • If there should arise any Taxes the origin of which cannot be determined to be partially or solely with the Xxxxxxxx Group or the KCSI Group, such Taxes shall be divided equally between the Xxxxxxxx Group and the KCSI Group.

  • Except as provided in Section 5.2, KCSI shall have sole responsibility for all audits and other proceedings with respect to Taxes or Tax Returns of the KCSI Group, and Xxxxxxxx shall have sole responsibility for all audits and other proceedings with respect to Taxes or Tax Returns of the Xxxxxxxx Group.

  • An Employee who has elected to purchase Shares may cancel his election as to any or all of such Shares by written notice of cancellation delivered to the chief accounting officer of the KCSI Group entity by whom he is employed or other officer designated to accept such notice of cancellation, but such notice of cancellation must be so delivered before the close of business on the last business day of the Purchase Period.

  • All payments made pursuant to Section 3.1 or 3.2 with respect to periods for which consolidated or combined Tax Returns were filed and which included members of both the KCSI Group and the Xxxxxxxx Group shall be treated, to the fullest extent possible, as payments made directly to the taxing authority by a taxpayer having a direct obligation (whether joint or joint and several) to the taxing authority.

  • DST shall indemnify and hold harmless KCSI and each member of the KCSI Group against liability for any and all Taxes (other than Taxes arising from the triggering of any excess loss account relating to KCSI's ownership of DST stock) attributable to the income, operations or assets of the DST Group, whether arising before or after the Sale Date.

  • KCSI shall pay to DST any refund of any Tax and any interest on such refund which is received after the Sale Date by any member of the KCSI Group or credited after the Sale Date against any liability of any member of the KCSI Group and which is attributable to the income, operations or assets of any member of the DST Group.

Related to KCSI Group

  • Parent Group has the meaning set forth in Section 8.03(c).

  • SAP Group means SAP Parent and any of its Associated Companies.

  • DBS Group means DBS Bank Ltd, its subsidiaries, affiliates, branches and related companies.

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”

  • Brookfield Group means Brookfield and any Affiliates of Brookfield, other than any member of the BREP Group;

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Retained Group means, in respect of each Seller, that Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (excluding the Purchaser, that Seller’s Target Company and any subsidiaries or subsidiary undertakings of that Target Company);

  • Affiliated Group means any affiliated group within the meaning of Code Section 1504(a) or any similar group defined under a similar provision of state, local or foreign law.

  • Tax Group means any federal, state, local or foreign consolidated, affiliated, combined, unitary or other similar group of which the Acquiror Company is now or was formerly a member.

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

  • VAT Group means a group for the purposes of the VAT Grouping Legislation.

  • SpinCo shall have the meaning set forth in the Preamble.

  • ITT has the meaning given to it in the recitals to this Framework Agreement;

  • Company Group means the Company and its Subsidiaries.

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • Seller’s Group means the Seller and any company which is, on or after the date of this Agreement, a subsidiary or holding company of the Seller or a subsidiary of a holding company of the Seller, and excludes, for the avoidance of doubt, any Group Company, and "Seller's Group Company" shall be construed accordingly.

  • Related Companies means the companies within the meaning of Article L. 225-197-2 of the French Commercial Code or any provision substituted for same.

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

  • Corporate Group means the Corporation and its Subsidiaries treated as a single consolidated entity.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of SpinCo, after giving effect to the Reorganization.

  • 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;