Subsidiary Group definition
Examples of Subsidiary Group in a sentence
Not later than five (5) Business Days prior to each Estimated Tax Installment Date with respect to any Pre-Deconsolidation Period (including the Straddle Period), the parties shall determine under the principles of Section 6655 of the Code the estimated amount of the related installment of the Subsidiary Group Federal Income Tax Liability.
This Agreement may not be altered, changed, modified, or terminated orally, and any modification or revision of this Agreement shall be accomplished only through a writing clearly denominated as an amendment to this Agreement signed by the Subsidiary Group Parents, except as provided under section 10 of the Transformation Agreement.
FMC shall, in connection with any installment payment (payable with respect to any Combined Return filed by FMC) with respect to Non-Federal Combined Taxes for any Pre-Deconsolidation Period, determine the estimated amount of the related installment of the Subsidiary Group Combined Tax Liability.
Except as otherwise provided in Sections 9, 10, 11 and 12 of this Agreement, with respect to any Pre-Deconsolidation Period, the Subsidiary Group Combined Tax Liability shall be the sum for such taxable period of the Subsidiary Group's liability for each Non-Federal Combined Tax, as determined on Pro Forma Subsidiary Group Combined Returns prepared in a manner consistent with the principles and procedures set forth in Section 4.2 hereof.
Subject to the other provisions of this Agreement, each member of the Cabletron Group and each member of each Affiliated Subsidiary Group agree to take whatever reasonable action is necessary to minimize their aggregate Tax liabilities.