Examples of Other Transferred Assets in a sentence
In addition, because of the interrelationship between payments made on the EON and payments made in respect of the Other Transferred Assets, the distributions made with respect to the Other Transferred Assets might be treated as additional payments made on the EON.
There is no action, claim, investigation or proceeding before any court or governmental agency pending, or to the best of Symantec's knowledge, threatened against or involving Symantec related to the current version of ACT! 2000, Other Transferred Assets or Tangible Assets.
A Class 3a Creditor's basis in its portion of the Other Transferred Assets will generally equal their fair market value, and the holding period for such portion of the Other Transferred Assets will commence on the day following the exchange.
A Class 6 Holder's basis in its portion of the Other Transferred Assets will generally equal their fair market value, and the holding period for such portion of the Other Transferred Assets will commence on the day following the exchange.
The Class 6 Holder's tax basis in its portion of the Transferred Assets deemed received would equal its tax basis in its Class 6 Equity Interest and the holding period for its portion of the Other Transferred Assets deemed received in the exchange would include the Class 6 Holder's holding period for its Class 6 Equity Interest.
However, if it were determined that the EON constitutes equity of SNTL, the exchange of a Class 6 Equity Interest for Litigation Trust Certificates may constitute a recapitalization under section 368(a)(1)(E) of the IRC, for which the portion of the Other Transferred Assets deemed received, if properly treated as assets separate from the EON, will constitute "boot" to the Class 6 Holder.
If the exchange constitutes a recapitalization, a Class 6 Holder's tax basis in its portion of the EON deemed to be received in the exchange will generally equal its tax basis in the Class 6 Equity Interest, decreased by the fair market value of the Other Transferred Assets deemed received and increased by the amount of any gain recognized on the exchange.
Overall project implementation is scheduled over the 5-year period from 2009 through 2014.
If the exchange constitutes a recapitalization, a Class 3a Creditor's tax basis in the portion of the EON deemed received in the exchange will generally equal its tax basis in the Class 3a Claim, decreased by the fair market value of the Other Transferred Assets deemed received and increased by the amount of any gain recognized on the exchange.
The Class 3a Creditor's tax basis in its portion of the Transferred Assets deemed received would equal its tax basis in its Class 3a Claim and the holding period for its portion of the Other Transferred Assets deemed received in the exchange (other than in respect of interest) would generally include the Class 3a Creditor's holding period for its Class 3a Claim.