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

  • With respect to a Buyer Tax Return covering a Straddle Period, Buyer shall determine the portion of the Taxes shown as due on such Buyer Tax Return that is allocable to a Pre-Closing Straddle Period in accordance with Section 4.12(a)(ii), and set forth its calculation in a statement ("Straddle Period Statement") prepared by Buyer.

  • 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.

  • 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.

  • Buyer shall deliver a copy of any such Buyer Tax Return covering a Straddle Period and any related Straddle Period Statement to the Seller Representative at least thirty (30) calendar days before filing such Buyer Tax Return.

  • 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.

Related to Straddle Period Statement

  • Straddle Period means any taxable period beginning on or before the Closing Date 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).

  • 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, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.

  • 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).