Examples of Noble Business in a sentence
Net operating losses incurred by Paragon Offshore Drilling AS, Paragon Offshore AS, or Paragon Seillean AS during a Pre-Spin Period shall be deemed to arise from the operation or ownership of the Paragon Business, provided, however, that any such net operating losses shall be deemed to arise from the operation or ownership of the Noble Business to the extent such losses are used to offset any deferred gains arising in Norway from the operation or ownership of the Noble Business.
Tax Items related to Taxes imposed on Noble Drilling (Nederland) II B.V. and Noble Resources Limited by any Governmental Authority in the Netherlands shall be deemed to arise from the operation or ownership of the Noble Business.
Tax Items related to Taxes imposed by a Tax Authority in Brazil for a Tax Year shall be deemed to arise from the operation or ownership of the Noble Business and the Paragon Business in the same proportion as the number of Brazilian High Specification Rig Days bears to the number of Brazilian Standard Specification Rig Days, respectively, for such Tax Year.
Except as expressly set forth in this Agreement or in an Ancillary Agreement, Noble and Paragon understand and agree that no member of the Paragon Group is representing or warranting to Noble or any member of the Noble Group in any way as to the Noble Business, the Noble Assets or the Paragon Excluded Liabilities.
Except as provided in Section 3.2(b), Noble shall be responsible for preparing and timely filing (or causing to be prepared and filed) all Separate Returns that include Tax Items attributable to the Noble Business.
Tax Items related to overhead costs and expenses that do not directly relate to either Business shall be allocated between the Noble Business and the Paragon Business in a manner that is consistent with the practice of the Groups before the Spin-off Date.
Noble agrees not to use the licensed or sublicensed Paragon Software or related documentation (other than in connection with the Noble Business during the term of this Agreement) or to copy, modify, reverse engineer, reverse compile, or reverse assemble it.
Co. Ltd.Looklink Advisory Services LLP (previously known as Looklink Finance Ltd.) Noble Business Solutions Limited (previously known as Noble Trading Co. Ltd.) Lotus Udyog LLP (previously known as Lotus Udyog Ltd.)Surdas Trading & Mfg.
Certain Paragon Employees (including Transferred Employees) may be, from time to time, leased or seconded to work in the Noble Business (“Paragon Seconded Employees”), it being understood that, except as otherwise provided herein, the terms of any such secondment shall be set forth in a separate agreement.
Except as provided in Section 3.2(b) or Section 3.3(f), Noble shall be responsible for preparing and timely filing (or causing to be prepared and filed) all Separate Returns that include Tax Items attributable to the Noble Business, and Paragon shall be responsible for preparing and timely filing (or causing to be prepared and filed) all Separate Returns that include Tax Items attributable to the Paragon Business.