Straddle Tax Period definition

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

Straddle Tax Period means a Tax year beginning before the Distribution Date and ending after the Distribution Date.

Straddle Tax Period means any complete Tax period that includes but does not end on the Closing Date.

Examples of Straddle Tax Period in a sentence

• Personnel files contain documents relating to employee performance, documents related to decisions made about the employee, and other documents related to the administration of Agency personnel.

• Notwithstanding the foregoing, in the event a Refund is the result of the carryback by a Party (or one of such Party’s Affiliates) of a Tax Attribute generated in a Post-Distribution Tax Period or a Straddle Tax Period to a Pre-Distribution Tax Period or a Straddle Tax Period permitted pursuant to Section 4.2 solely because such carryback cannot result in one or more other Parties (or their Affiliates) being liable for additional Taxes, such Refund shall not be shared with any other Party.

• Each of the Parties shall be permitted (but not required) to carryback (or to cause its Subsidiaries to carryback) a Tax Attribute realized in a Post-Distribution Tax Period or a Straddle Tax Period to a Pre-Distribution Tax Period or a Straddle Tax Period only if such carryback cannot reasonably result in the other Party (or its Subsidiaries) being liable for additional Taxes.

• Any credits relating to a Straddle Tax Period shall be taken into account as though the relevant Tax period ended on the Closing Date.

• Except to the extent otherwise required pursuant to a “determination” within the meaning of Section 1313(a) of the Code (or any comparable provision of state, local or foreign Law), no Purchased Subsidiary shall amend any Tax Return for a Pre-Closing Tax Period or a Straddle Tax Period without the prior written consent of Seller (which shall not be unreasonably withheld, conditioned or delayed).

More Definitions of Straddle Tax Period

Straddle Tax Period has the meaning set forth in Section 9.19(b).

Straddle Tax Period means any Tax period beginning before or on the Closing Date and ending after the Closing Date.

Straddle Tax Period shall have the meaning set forth in SECTION 7.1.

Straddle Tax Period means any Tax Period that begins on or before and ends after the Closing Date.

Straddle Tax Period means a Tax period that begins before the Effective Time and ends at or thereafter.

Straddle Tax Period means any Tax period beginning before or on the Closing Date and ending after the Closing Date. An entity shall be deemed to be a “Subsidiary” of another entity if such other entity directly or indirectly owns, beneficially or of record, (i) an amount of voting securities or other interests in such first entity that is sufficient to enable such other entity to elect at least a majority of the members of such first entity’s board of directors or other governing body, or (ii) at least a majority of the outstanding equity interests of such first entity.

Straddle Tax Period means any taxable period that includes but does not end on the Closing Date.