Examples of Post-Closing Straddle Period in a sentence
The portion of Tax attributable to a Post-Closing Straddle Period will be calculated in a corresponding manner.
The portion of Tax attributable to a Post-Closing Straddle Period shall be calculated in a corresponding manner.
To the extent that any Tax for a Straddle Period is based on the greater of a Tax on net income, on the one hand, and a Tax measured by net worth or some other basis not otherwise measured by income, on the other hand, the portion of such Tax related to the Pre-Closing Straddle Period and the Post-Closing Straddle Period will be determined based on the foregoing and based on the manner in which the actual Tax liability for the entire Straddle Period is determined.
In any case where applicable Laws do not permit the Closing Date to be treated as the last day of the taxable period, any Taxes arising out of or relating to a Straddle Period shall be apportioned between the Pre-Closing Straddle Period and the Post-Closing Straddle Period based on an interim closing of the books as of and including the Closing Date.
The portion of Taxes attributable to a Post-Closing Straddle Period shall be calculated in a corresponding manner.