Tax Assets definition
Tax Assets means all Tax refunds, credits, losses or rebates attributable to a taxable period (or portion thereof) beginning on or prior to the Closing Date and prepayments of Taxes made on or prior to the Closing Date.
Tax Assets means (a) the Basis Adjustments, (b) Imputed Interest, and (c) any other item of loss, deduction or credit, including carrybacks and carryforwards, attributable to any item described in clauses (a) and (b) of this definition.
Tax Assets means any refund, abatement or credit of, and all other assets comprising receivables or deferred assets or prepayments for, Taxes arising or resulting from Seller’s and its Affiliate’s conduct of the Business or ownership of the Purchased Assets for taxable periods ending on or before the Closing Date.
Examples of Tax Assets in a sentence
ElectronicsCo agrees that it shall not dispute ▇▇▇▇▇▇▇▇’s allocation or apportionment of Tax Assets.
RemainCo may in good faith advise ElectronicsCo in writing of the amount, if any, of any Tax Assets, which RemainCo determines, in its sole and absolute discretion, shall be allocated or apportioned to the ElectronicsCo Group, under applicable Law or may provide ElectronicsCo relevant information for making such determination on an as-is basis; provided that this Section 3.08 shall not be construed as obligating RemainCo to undertake any such determination or provide any such information.
More Definitions of Tax Assets
Tax Assets means net operating losses, capital loss carry forwards, foreign tax credit carry forwards, research and development credits, and assets bases and depreciation periods.
Tax Assets means (a) the Basis Adjustments, (b) Imputed Interest, (c) NOLs, and (d) any other item of loss, deduction or credit, including carrybacks and carryforwards, attributable to any item described in clauses (a), (b), and (c) of this definition.
Tax Assets means all Tax assets, including all refunds or prepayments of, or credits or rebates, for Taxes.
Tax Assets means the net operating losses, credit carryforwards and capital loss carryforwards of the Corporate Taxpayer and its Subsidiaries that relate to taxable periods (or portions thereof) ending on or before the Closing Date, excluding net operating losses that are the subject of an Existing Change TRA (collectively, “NOLs”). For the Taxable Year that includes the Closing Date, the Tax Assets that relate to taxable periods ending on or before the Closing Date shall be determined based on a closing of the books method as of the end of the Closing Date, provided that the Change Shareholder Representatives and the Corporate Taxpayer shall, acting reasonably, together determine the amount of any such Tax Assets. The Tax Assets shall be based on the Closing Date Tax Asset Disclosure Letter.
Tax Assets means (i) the Basis Adjustments, (ii) Imputed Interest, and (iii) Section 704(c) Allocations.
Tax Assets means all deferred tax assets valued according to U.S. GAAP including, but not limited to, those resulting from loss carry forwards or credit carry forwards, as far as they relate to the BASF Pharmaceutical Business and are not used up by Seller prior to Closing;
Tax Assets means any Tax receivable, Tax credit or other claim for repayment of Taxes due to the fact that the Taxes actually paid exceed the amount of Taxes that are finally assessed, not including, however, deferred Taxes;