Nonallocation Period definition
Nonallocation Period means the period beginning on the date of the sale of Company Stock and ending on the later of the date which is 10 years after the date of the sale, or the date of the Plan allocation attributable to the final payment of acquisition indebtedness incurred in connection with such sale.
Nonallocation Period means the period beginning on the date of the Section 1042 Sale and ending on the later of the date that is 10 years after the date of the Section 1042 Sale, or the date of the plan allocation attributable to the final payment of acquisition indebtedness incurred in connection with the Section 1042 Sale.
Nonallocation Period means the period beginning on the date of the sale of the Company Stock and ending on the later of:
More Definitions of Nonallocation Period
Nonallocation Period means the period beginning on the date of the sale of Company Stock to the Plan and ending on the later of:
Nonallocation Period means the period beginning on the date of the sale of any Company Stock to which Code Section 1042 applies and ending on the later of (i) the date which is 10 years after the date of sale, or (ii) the date of
Nonallocation Period means the period beginning on the date of sale and ending on the later of ten (10) years after the date of sale or the date of the allocation attributable to the final payment on the any acquisition loan incurred with respect to the sale. An election under Section 1042 of the Code may not be made if the Company is an S corporation at the time of sale, but if such an election is made for a time when the Company is a C corporation the restrictions of this subsection shall continue to apply if the Company becomes an S corporation; and
Nonallocation Period means the ten (10) year period beginning on the date of sale of the Company Stock and ending on the later of: (i) the date which is ten (10) years after the date of sale; or (ii) the date of the Plan allocation attributable to the final payment of acquisition indebtedness incurred in connection with such sale.
Nonallocation Period means the period beginning on the date of the sale of Employer Securities and ending on the later of:
Nonallocation Period means the period beginning on the date of the sale of Stock and ending on the later of the 10th anniversary of the date of sale or the date of the Plan allocation attributable to the final payment on the Exempt Loan (if any) incurred to purchase the Stock.