Marathon Group definition

Marathon Group means (i) the corporations that are members of the Marathon Affiliated Group and (ii) the corporations that would be members of the Marathon Affiliated Group but for the fact that they are not includible corporations under Code Section 1504(b), including in both cases, beginning on the day after the Closing Date, former members of the Ashland Group that become members of the Marathon Group by reason of the Acquisition Merger.

Marathon Group shall have the meaning set forth in the Restated Certificate of Incorporation of USX dated September 1, 1996.

Marathon Group means the Marathon Group of USX Corporation, as defined in the Certificate of Incorporation of USX Corporation.

Examples of Marathon Group in a sentence

• Following the decision of the Independent Entity, Marathon, and members of the Marathon Group, and New Ashland Inc.

• Group is liable under Treasury Regulation Section 1.1502-6 (or any analogous provision of state, local or foreign law); (vi) all Taxes payable by Ashland or HoldCo that are attributable to Pass-Through Items of MAP or any other JV Entity with respect to any Pre-Closing Period; (vii) all Transaction Taxes; and (viii) all Tax Losses of any member of the Marathon Group resulting from the failure by any member of the Ashland Group or the New Ashland Inc.

• Except as specifically provided in Section 10.09, as of the Closing Date, this Agreement supersedes and terminates all prior agreements as to the allocation of tax liabilities among the members of the Ashland Group, and after the Closing Date neither HoldCo nor any member of the Marathon Group, as successor, transferee or otherwise, shall be bound thereby or have any liability thereunder.

• To the extent that a carry forward of a Tax Item, including without limitation, a foreign oil extraction loss as defined in Code Section 907(c), attributable to a Pre-Closing Tax Period to a Post-Closing Tax Period of a member of the Marathon Group (including a former member of the Ashland Group) results in a Tax Detriment to any member of the Marathon Group, New Ashland Inc.

• In the event that Marathon or any member of the Marathon Group, as the case may be, on the one hand, and New Ashland Inc.

More Definitions of Marathon Group

Marathon Group means the Marathon Group of the Company.

Marathon Group means, at any time, (i) all of the businesses in which any of the Marathon Oil Company, Texas Oil & Gas Corp., Carnegie Natural Gas Company and Apollo Gas Company (or any of their predecessors or successors) is or has been engaged, directly or indirectly, other than the businesses of the Delhi Group after the date of the first issuance of Delhi Stock, (ii) all assets and liabilities of the Corporation to the extent attributed to any of such businesses, whether or not such assets or liabilities are or were assets and liabilities of such companies, (iii) a proportionate interest in the business, assets and liabilities of the Delhi Group equal to one less the Delhi Fraction, and (iv) such businesses, assets, and liabilities acquired by the Corporation for the Marathon Group after May 6, 1991 and as determined by the Board of Directors to be included in the Marathon Group; provided, that, from and after any dividend or distribution with respect to any shares of Delhi Stock, or any repurchase of shares of Delhi Stock from holders of Delhi Stock generally, the Marathon Group shall include an amount of assets or properties of the Delhi Group equal to the aggregate amount of such kind of assets or properties so paid in respect of shares of Delhi Stock multiplied by a fraction, the numerator of which is equal to one less the Delhi Fraction and the denominator of which is equal to the Delhi Fraction. From and after the date on which there are no shares of Steel Stock outstanding (other than as a result of an exchange for shares of Delhi Stock pursuant to any provision of Section 2), all of the businesses, assets and liabilities of the U.S. Steel Group shall be included in the Marathon Group.

Marathon Group means, collectively, the Investors listed on Exhibit A under the heading “Marathon Group,” and any Permitted Assignee thereof.

Marathon Group means Marathon, its Affiliates, and their respective Personnel. The Marathon Group shall include Xxxxx X. Xxxx.

Marathon Group means, collectively, the Parties set forth on Exhibit A under the heading “Marathon Group,” and any Permitted Assignee thereof.

Marathon Group means, at any time, (i) all of the businesses in which any of Marathon Oil Company, Texas Oil & Gas Corp., Carnegie Natu- ral Gas Company and Apollo Gas Company (or any of their predecessors or successors) is or has been engaged, directly or indirectly, other than the businesses of the Delhi Group after the date of the first issuance of Delhi Stock, (ii) all assets and liabilities of the Corporation to the extent attributed to any of such businesses, whether or not such 10

Marathon Group means Marathon and any permitted Transferee of Marathon who is a Member.