Straddle Period Statement definition

Straddle Period Statement shall have the meaning set forth in Section 5.7(c).
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Straddle Period Statement has the meaning set forth in Section 4.8(a).
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Straddle Period Statement shall have the meaning ascribed to such term in Section 9.01(c) hereof.
Sample 1

Examples of Straddle Period Statement in a sentence

  • The Seller shall pay the Buyer, in immediately available funds, the amount of Tax set forth on the Straddle Period Statement for which Seller is liable pursuant to Section 4.6(c) and (d) no later than 3 days prior to the due date of any such Tax Return.

  • The Sellers shall (in accordance with their Pro Rata Percentages) pay or cause to be paid the Taxes, if any, set forth on the applicable Straddle Period Statement for which the Sellers are liable pursuant to Section 10.01(e) in respect of such Straddle Period Income Tax Returns (other than to the extent that the liability for those Taxes is reserved against in, or taken into account in the preparation of, the Company Financial Statements).

  • Seller shall pay Buyer the amount of Tax set forth in the Straddle Period Statement (other than to the extent that the liability for such Taxes has been taken into account in the determination of the Closing Working Capital) for such Tax Return no later than two (2) days prior to the due date of such Tax Return.

  • If Thomson does not provide a notice of Tax Statement Dispute within such thirty (30) Business Day period, Thomson shall be deemed to have accepted the Tax Return and the Straddle Period Statement for purposes of Section 5.8(f).

  • Purchaser shall provide Thomson with a copy of such Tax Return for review and comment at least thirty (30) Business Days prior to the filing of such Tax Return (or, if required to be filed within thirty (30) Business Days of Closing, as soon as possible following Closing), accompanied by a statement (a "Straddle Period Statement") setting forth and calculating in reasonable detail the Taxes shown as due on such Tax Return which are allocable to the Pre-Closing Portion of such Straddle Period.

  • If Clorox Parent does not provide a notice of Tax Statement Dispute within such fifteen-day period, Clorox Parent shall be deemed to have accepted the Tax Return and the Straddle Period Statement for purposes of Section 5.7(e).

  • Seller shall pay such reimbursement amount to the Buyer for such Taxes attributable to the Pre-Closing Tax Period no later than (i) two (2) Business Days before the date payment of the Tax for such Straddle Period is due or (ii) if later, two (2) Business Days after the resolution of any dispute with respect to the Tax Return or Straddle Period Statement for such Straddle Period in the manner set forth in Section 8.5(c).

  • Upon resolution of all such items, such Tax Return shall be timely filed on that basis and the Straddle Period Statement shall be revised accordingly.

  • Some staff members in large corporations have expressed concern for their personal liability on information submission - that there can be information held by their organization which a reasonable search will not uncover.

  • Buyer and Seller Representative shall undertake in good faith to resolve any issues raised in any such Written Report before the due date (including any extension thereof) for filing the Tax Return and mutually consent to the filing of such Tax Return and, if applicable, to agree on the determination set forth in the Straddle Period Statement.


More Definitions of Straddle Period Statement

Straddle Period Statement has the meaning set forth in Section 7.8(c)(ii).
Sample 1

Related to Straddle Period Statement

  • Straddle Period means any taxable period beginning on or prior to and ending after the Closing Date.

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Pre-Closing Straddle Period means the portion of the Straddle Period ending on the Closing Date.

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • Straddle Tax Period means a Tax period that begins on or before the Closing Date and ends thereafter.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Current state fiscal year means the state fiscal year for which a particular calculation is made.

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • Taxable Period means any taxable year or any other period that is treated as a taxable year (or other period, or portion thereof, in the case of a Tax imposed with respect to such other period, e.g., a quarter) with respect to which any Tax may be imposed under any applicable Law.

  • Post-Closing Tax Period means any Tax period (or portion thereof) beginning after the Closing Date.

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Tax Package has the meaning assigned in Section 6.01(b);

  • Tax Benefit Schedule is defined in Section 2.02 of this Agreement.

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • Earn-Out Statement has the meaning set forth in Section 2.5(c).

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • Draft Closing Statement means a draft closing statement as of the close of business of the fifth (5th) Business Day immediately preceding the Closing Date setting forth an estimate of the Purchase Price (including all adjustments and prorations thereto).

  • Tax return preparer means any individual described in Section 7701(a)(36) of the Internal Revenue Code and 26 C.F.R. 301.7701-15 .

  • Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).