Examples of QSub Election in a sentence
No assets of Target 2 have been or will be disposed of by Target 2 or Parent except for dispositions in the ordinary course of business and dispositions occurring more than three years prior to Parent’s QSub Election with respect to Target 2.
These meetings can be informal and are meant to be an opportunity for the member to “check-in” with the CDAR.
In doing this SLT ensures the council’s corporate priorities are driving future capital investment.
No assets of Target 1 have been or will be disposed of by Target 1 or Parent except for dispositions in the ordinary course of business and dispositions occurring more than three years prior to Parent’s QSub Election with respect to Target 1.
Prior to making the QSub Election with respect to Subsidiary, no assets of Subsidiary will be distributed in kind, transferred, or sold to Parent, except for (i) transactions occurring in the normal course of business and (ii) transactions occurring more than three years prior to making the QSub Election with respect to Subsidiary.
The fair market value of the assets of Target 1 will exceed its liabilities both on the date the QSub Election is made and immediately prior to the time the deemed liquidation of Target 1 takes place.
On the date the Target 1 QSub Election is made, and at all times until the deemed liquidation is completed, Parent will be the owner of at least 80 percent of the outstanding stock of Target 1.
On the date the Subsidiary QSub Election is made, and at all times until the deemed liquidation is completed, Parent will be the owner of at least 80 percent of the outstanding stock of Subsidiary.
Subsidiary will not have acquired assets in any nontaxable transactions at any time after the date of its acquisition by Parent, and Subsidiary will not have acquired assets in any nontaxable transactions except for acquisitions occurring more than three years prior to the date that parent makes the QSub Election for Subsidiary.
Prior to making the QSub Election with respect to Target 2, no assets of Target 2 will be distributed in kind, transferred, or sold to Parent, except for (i) transactions occurring in the normal course of business and (ii) transactions occurring more than three years prior to making the QSub Election with respect to Target 2.