Puerto Rico Code definition

Puerto Rico Code means the Puerto Rico Internal Revenue Code of 2011, as amended and any successor statute.

Puerto Rico Code means the Puerto Rico Internal Revenue Code of 1994, as amended.

Puerto Rico Code or “PR Code” means the Puerto Rico Internal Revenue Code of 1994, as amended from time to time.

Examples of Puerto Rico Code in a sentence

• However, the transfer of amounts from this Plan to a nonqualified foreign trust is treated as a distribution and the transfer of assets and liabilities from this Plan to a plan that satisfies Section 1165 of the Puerto Rico Code is also treated as distribution from the transferor plan.

• TCPR additionally represents and warrants to the Administrative Agent and each Lender that it does not own directly or indirectly in accordance with the attribution rules of Section 1092.01(a)(3)(B) of the Puerto Rico Code fifty percent (50%) or more of the value of the stock of any Lender.

• TCPR additionally represents and warrants to the Administrative Agent and each Lender that it does not own directly or indirectly in accordance with the attribution rules of Section 1231(a)(3) of the Puerto Rico Code fifty percent (50%) or more of the value of the stock of any Lender.

• Each member of the ERISA Group has fulfilled its obligations under the minimum funding standards of ERISA and the Internal Revenue Code with respect to each Plan and is in compliance in all material respects with the presently applicable provisions of ERISA, the Internal Revenue Code and the Puerto Rico Code with respect to each Plan.

• Such Borrower and its Subsidiaries have filed all income tax returns required to be filed under the Code and the Puerto Rico Code and all other material tax returns which are required to be filed by them and have paid all taxes, assessments, fees and other governmental charges due pursuant to such returns or pursuant to any assessment received by such Borrower or any Subsidiary.

More Definitions of Puerto Rico Code

Puerto Rico Code means the Internal Revenue Code for a New Puerto Rico, as may be amended from time to time and any applicable regulation thereunder and any successor thereto.

Puerto Rico Code means the Puerto Rico Internal Code of 1994, as amended.

Puerto Rico Code means the Puerto Rico Internal Revenue Code of 1994, as amended and any successor statute. “Register” has the meaning set forth in Section 9.7(c).

Puerto Rico Code means the Commonwealth of Puerto Rico Internal Revenue Code of 1994, as amended from time to time.

Puerto Rico Code means the Puerto Rico Internal Revenue Code of 1994, as amended from time to time, and interpretive rules and regulations, and any statute that supersedes the same. Reference to any section of the Puerto Rico Code includes reference to any comparable or succeeding provisions or regulation that amends, supplements or replaces the section.

Puerto Rico Code means the Puerto Rico Income Tax Act of 1954, as ---------------- amended from time to time.

Puerto Rico Code means Act. No. 1-2011, also known as the Internal Revenue Code for a New Puerto Rico, as amended, and the regulations promulgated thereunder or under a predecessor to the Puerto Rico Code that pursuant to Section 6091.01 of the Puerto Rico Code continue in full force and effect.