Pre-Closing Taxable Period definition

Pre-Closing Taxable Period means any taxable period ending on or before the Closing Date.

Pre-Closing Taxable Period has the meaning given to it in Section 9.2(a).

Pre-Closing Taxable Period means a Taxable period (or portion thereof), that, to the extent it relates to the Company or a Transferred Subsidiary, ends on or before the Closing Date.

Examples of Pre-Closing Taxable Period in a sentence

• In determining whether a Property Tax is attributable to a Pre-Closing Taxable Period or a Straddle Taxable Period, any Property Tax that is based on the assessed value of any assets, property or other rights as of any lien date or other specified valuation date shall be deemed a Property Tax attributable to the taxable period (whether a fiscal year or other tax year) specified on the relevant Property Tax xxxx that is issued with respect to that lien date or other valuation date.

• In the event that Buyer receives any refund of Taxes from a taxing jurisdiction or a reimbursement of Taxes from a third-party with respect to any Pre-Closing Taxable Period, such amounts shall belong to Seller and shall be forwarded by Buyer to Seller within ten days of receipt.

• Notwithstanding the immediately preceding sentence, any Income Tax Return or Other Tax Return filed by Parent pursuant to Section 2(a)(i) with respect to any Pre-Closing Taxable Period shall be prepared consistent with Parent's past practice for the filing of such returns and shall not include any tax election that is inconsistent with past practice.

• In the event that Buyer receives any refund of Taxes from a taxing jurisdiction or a reimbursement of Taxes from a third-party with respect to any Pre-Closing Taxable Period, such amounts shall belong to Sellers and shall be forwarded by Buyer to Sellers within ten days of receipt.

• Except as required by Law, without the prior written consent of Sellers, which consent shall not be unreasonably withheld, conditioned or delayed, Buyer shall not make, change or rescind any Tax election, amend any Tax Return or take any position on any Tax Return, take any action, omit to take any action or enter into any other transaction that would have the effect of increasing the Tax liability or reducing any Tax asset of any of the Companies in respect of any Pre-Closing Taxable Period.

More Definitions of Pre-Closing Taxable Period

Pre-Closing Taxable Period means any taxable period ending on or before the Effective Time and that portion of any taxable period beginning before and ending after the Effective Time that ends on the Effective Time.

Pre-Closing Taxable Period means any Tax period ending on or before the Closing Date or the portion through the end of the Closing Date of any Straddle Taxable Period (as determined in accordance with Section 4.5(f)).

Pre-Closing Taxable Period means any taxable period (or portions thereof) ending on or before the Closing Date.

Pre-Closing Taxable Period means a taxable period ending on or before the Closing Date.

Pre-Closing Taxable Period means a taxable period ending on or before any Closing Date and that portion of any Straddle Taxable Period ending on such Closing Date.

Pre-Closing Taxable Period means any taxable period ending on or before the Closing Date (or, for Straddle Periods, portions thereof determined under the allocation methodology specified in the subsequent sentence, ending on or before the Closing Date). For all purposes of this Agreement, in the case of any Taxes for any Straddle Period, the portion of such Taxes attributable to a Pre-Closing Taxable Period shall (i) with respect to any Taxes that are imposed on a periodic basis and are not based upon or related to income, receipts or production, be deemed to be the amount of Taxes for the entire Straddle Period multiplied by a fraction, the numerator of which is the number of days in the portion of the Straddle Period ending on the Closing Date and the denominator of which is the number of days in the entire Straddle Period, and (ii) with respect to Straddle Period Taxes not described in the preceding clause (i), be determined based on an interim closing of the books as of the end of the Closing Date.

Pre-Closing Taxable Period has the meaning set forth in Annex I.