Tax Parent definition

Tax Parent means a parent corporation under Section 424(e) of the Code.
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Tax Parent means the first entity in the chain of ownership above HAL Antillen which is the 100% beneficial owner of HAL Antillen and which is treated as a taxpayer for U.S. Federal Tax purposes.
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Tax Parent means The Southern Company, a Delaware corporation.
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Examples of Tax Parent in a sentence

  • Incentive Share Options may only be granted to Employees of the Company, a Tax Parent or Subsidiary of the Company.

  • In connection with the Closing Sales Tax, Parent shall prepare or obtain all applicable forms for filing with the appropriate governmental authorities and/or that the Selling Subsidiaries determine are necessary or desirable in order to accurately calculate the Closing Sales Tax, if available (collectively, the “Closing Sales Tax Forms”).

  • The Agreement must be approved by the shareholders' meetings of the Tax Subsidiary and the Tax Parent.

  • For purposes of this Agreement, “Tax Benefit” means any deduction, amortization, exclusion from income or other allowance that actually reduces in cash the amount of Tax Parent, Tronox or their respective Affiliates (as applicable) would have been required to pay (or actually increases in cash the amount of Tax refund to which Parent, Tronox or their respective Affiliates (as applicable) would have been entitled) in the absence of the item giving rise to the indemnity claim.

  • Neither Rockingham nor Former Tax Parent has received any written notice that any Taxes relating to any period prior to the Closing Date are owing that have not been paid on or before the Closing Date.

  • Tuition vouchers similarly received by the District shall be offered to the mentoring employee who may use the voucher themselves or provide it to another employee in the District, according to the sponsoring school’s voucher policy.

  • In the event Purchaser, Sellers or Former Tax Parent receives written notice of any audit, examination, claim, settlement, proposed adjustment, administrative or judicial proceeding, or other matter (“Tax Claim”) related to any Pre-Closing Taxes, Transfer Taxes or Overlap Period Taxes, Purchaser, Sellers or Former Tax Parent, as the case may be, shall notify the other Parties in writing as soon as reasonably practical (but in no event more than ten (10) Business Days) after receipt of such notice.

  • Purchaser shall not settle or otherwise compromise any such Tax Claim with any Taxing Authority or prosecute such contest to a determination in court or other tribunal or initial or appellate jurisdiction unless instructed to do so by the Sellers or Tax Parent.

  • Purchaser shall indemnify and hold harmless Sellers and Tax Parent from and against (a) any Taxes with respect to the Purchased Assets attributable to the time period after the Closing Date, (b) any Taxes with respect to the Purchased Assets resulting from transactions or actions taken by Purchaser on the Closing Date but after the Closing shall have occurred and (c) any liability arising from a breach by Purchaser of its covenants set forth in this Article VIII.

  • Neither Duke Moapa nor Tax Parent has received any notice that any Taxes relating to any period prior to the Closing Date are owing that have not been paid on or before the Closing Date.


More Definitions of Tax Parent

Tax Parent means the common parent corporation of the "selling consolidated group" which includes JHG within the meaning of Treasury Regulation Section 1.338(h)(10)-1(b)(2).
Sample 1
Tax Parent means Duke Energy Americas, Inc., a Nevada corporation, or, if Duke Energy Corporation consummates its proposed restructuring prior to the Closing Date, Duke Energy Corporation, a North Carolina Corporation.
Sample 1

Related to Tax Parent

  • Tax Group means any federal, state, local or foreign consolidated, affiliated, combined, unitary or other similar group of which the Acquiror Company is now or was formerly a member.

  • Seller Parent has the meaning set forth in the Preamble.

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Acquired Entities means the Company and the Company Subsidiaries.

  • 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.

  • Taxable REIT Subsidiary means any corporation (other than a REIT) in which the Parent directly or indirectly owns stock and the Parent and such corporation have jointly elected that such corporation be treated as a taxable REIT subsidiary of the Parent under and pursuant to Section 856 of the Internal Revenue Code.

  • Tax roll means a permanent record of the taxes charged on property, as extended

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • 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.

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Consolidated Return means any Tax Return relating to Income Taxes filed pursuant to Section 1502 of the Code, or any comparable combined, consolidated, or unitary group Tax Return relating to Income Taxes filed under state or local tax law which, in each case, includes IDT and at least one subsidiary.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • 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.

  • Retained Subsidiaries means all of the direct and indirect Subsidiaries of Seller other than the Purchased Subsidiaries.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • In loco parentis means relating to the responsibility to undertake the care and control of another person in the absence of:

  • Consolidated Entities as of any date of determination, any entities whose financial results are consolidated with those of Kimco in accordance with GAAP.

  • Tax Authority means, with respect to any Tax, the governmental entity or political subdivision thereof that imposes such Tax, and the agency (if any) charged with the collection of such Tax for such entity or subdivision.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

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

  • Minor parent means an individual under the age of 18 who is not emancipated under 1968 PA 293, MCL 722.1 to 722.6, and who is either the biological parent of a child living in the same household or a pregnant woman.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Buyer Group Member means Buyer and its Affiliates and their respective successors and assigns.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.