Tax Reorganization definition

Tax Reorganization has the meaning set forth in Section 4.3.
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Tax Reorganization shall have the meaning set forth in Section 2.12.
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Tax Reorganization means a corporate restructuring effective in the second quarter of 2015 in which Borrower, pursuant to a comprehensive plan (in which Borrower received all required approvals and due authorization to consummate such plan of restructuring) that was designed to increase the tax efficiency of Borrower and its Subsidiaries, as a whole, (i) transferred to the Malaysia Subsidiary, certain customer contracts, (ii) transferred to Bermuda Subsidiary, certain vendor arrangements, (iii) restructured certain Subsidiaries of Borrower, (iv) established new intercompany functional relationships and capital arrangements among the Borrower and its Subsidiaries and (v) took such other reasonable actions as were necessary to improve the consolidated tax efficiency of the Borrower and its Subsidiaries.
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Examples of Tax Reorganization in a sentence

  • In the event that the Board of Managers consents to any such Transfer, the Board of Managers may delay any such Transfer for a period of up to 180 days for the purpose of reorganizing the Company as a corporation, amending this Agreement or taking any other action that the Board of Managers may deem necessary, appropriate or convenient (a "Tax Reorganization").

  • Section 11.01 shall not apply to (i) any sale, assignment, transfer, conveyance, lease or other disposition of assets between or among the Issuer and any one or more of its Subsidiaries or between or among any one or more of the Issuer’s Subsidiaries and (ii) any Permitted Tax Reorganization.

  • Each of the Vendors agrees to sell, assign, transfer and convey the Company Shares owned, directly or indirectly, by such Vendor (as of the Closing Date, after giving effect to the transactions contemplated in the Tax Reorganization Memo and the transactions contemplated in Section 3.10) to the Purchaser, and the Purchaser agrees to purchase and accept such Company Shares, all on the terms and conditions set forth in this Agreement.

  • As part of the consideration paid related to the Tax Reorganization, we have agreed to surrender 0.5 million of the warrants that we currently hold in Hemosol related to this guarantee and to reduce our entitlement to 2.0 million additional warrants that we will earn if the guarantee remains outstanding for specified periods.

  • Tax Reorganization........................................................

  • The Tax Reorganization and Tax Reorganization Plan (as those terms are defined in the Plan) are approved.

  • If a Change of Control occurs which is not otherwise consented to by the Majority Lenders or if the Trust or any other Penn West Party ceases to own and control all of the issued and outstanding Voting Securities or other shares of the Borrower, except as a result of a Permitted Tax Reorganization.

  • Notwithstanding the foregoing, but subject to the provisions of Section 1.3(d), the transaction described in step 10.F of the Tax Reorganization Memo shall not be required to be consummated prior to the Closing unless the Purchaser requests.

  • This title may be cited as the "Real Property Tax Reorganization Act of 2000".

  • Fulton, Mary Lou Fulton, the Fulton Family Trust and any other Person needed to implement the Tax Reorganization, are authorized and directed to take any actions and execute any documents necessary to implement the Tax Reorganization.


More Definitions of Tax Reorganization

Tax Reorganization means a reorganization within the meaning of Section 368(a)(1) of the Code;
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Tax Reorganization means the tax-related reorganization relating to DevCo the steps of which are set out in SCHEDULE 1.1(96) .
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Tax Reorganization means one or more series of transactions whereby certain Foreign Subsidiaries extinguish intercompany positions via (i) investments in the Equity Interests of their respective subsidiaries, (ii) payments of dividends or other distributions with respect to their Equity Interests or (iii) intercompany sales, transfers, or other dispositions, where the mitigation of tax costs is as at least one of the benefits. [*] The asterisk denotes that this Schedule contains five pages of confidential information that has been omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential information has been submitted separately to the Securities and Exchange Commission. [*] The asterisk denotes that this Schedule contains one page of confidential information that has been omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential information has been submitted separately to the Securities and Exchange Commission.
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Tax Reorganization means one or more series of transactions whereby certain Foreign Subsidiaries extinguish intercompany positions via (i) investments in the Equity Interests of their respective subsidiaries, (ii) payments of dividends or other distributions with respect to their Equity Interests or (iii) intercompany
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Tax Reorganization means one or more series of transactions whereby certain Foreign Subsidiaries extinguish intercompany positions via (i) investments in the Equity Interests of their respective subsidiaries, (ii) payments of dividends or other distributions with respect to their Equity Interests or (iii) intercompany sales, transfers, or other dispositions, with the express purpose of mitigating tax costs. [*] The asterisk denotes that this Schedule contains four pages of confidential information that have been omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The confidential information has been submitted separately to the Securities and Exchange Commission.
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Related to Tax Reorganization

  • Capital Reorganization has the meaning ascribed thereto in subsection 2.12(4);

  • Corporate Reorganization means any change in the legal existence of any Subject Entity (other than a Capital Reorganization) including by way of amalgamation, merger, winding up, continuance or plan of arrangement.

  • Pre-Acquisition Reorganization has the meaning set out in Section 6.8;

  • Pre-Closing Reorganization has the meaning set forth in the Recitals.

  • Permitted Reorganization means re-organizations and other activities related to tax planning and re-organization, so long as, after giving effect thereto, the security interest of the Lenders in the Collateral, taken as a whole, is not materially impaired.

  • Internal Reorganization has the meaning set forth in the Separation Agreement.

  • Reorganization Transaction see clause (d) of the definition of “Change of Control.”

  • Reorganization Transactions shall have the meaning set forth in the Recitals.

  • Common Share Reorganization has the meaning set forth in Section 4.1;

  • Reorganization Plan means a plan of reorganization in any of the Cases.

  • Cash Merger has the meaning set forth in Section 5.04(b)(ii).

  • Plan of Reorganization means any plan of reorganization, plan of liquidation, agreement for composition, or other type of plan of arrangement proposed in or in connection with any Insolvency or Liquidation Proceeding.

  • Reorganization with respect to any Multiemployer Plan, the condition that such plan is in reorganization within the meaning of Section 4241 of ERISA.

  • Permitted Tax Restructuring means any reorganizations and other activities related to tax planning and tax reorganization (as determined by the Company in good faith) so long as such Permitted Tax Restructuring is not materially adverse to the Holders of the Notes.

  • Reorganization Cases means the cases filed by the Debtors under Chapter 11 of the Bankruptcy Code.

  • Permitted Reorganisation means a solvent reconstruction, amalgamation, reorganisation, merger or consolidation whereby all or substantially all the business, undertaking or assets of the Issuer are transferred to a successor entity which assumes all the obligations of the Issuer under the Capital Securities.

  • Demerger means a demerger pursuant to Chapter 17 of the Finnish Companies Act (624/2006 as amended from time to time).

  • Company Merger has the meaning specified in the Recitals hereto.

  • Mergers has the meaning set forth in the Recitals.

  • Internal Distribution has the meaning set forth in the recitals.

  • Spinoff means a transaction in which the Transferor Plan transfers only part of its assets and/or liabilities to the Transferee Plan. The Transferee Plan may be a New Plan that is created in the Spinoff, or it may be a preexisting plan that simply receives part of the assets and/or liabilities of the Transferor Plan.

  • Reorganization Agreement has the meaning set forth in the recitals.

  • Business Transaction means any initial merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses involving the Company.

  • Reorganization Event has the meaning specified in Section 5.6(b).

  • Reorganization Securities has the meaning set forth in Section 6.9 hereof.

  • Merger Transactions means the Merger and the other transactions relating thereto or contemplated by the Merger Agreement.