Third Contribution definition

Third Contribution means those certain capital contributions to SpinCo by Parent in connection with the External Spin-Off.
Sample 1Sample 2Sample 3
Third Contribution has the meaning specified in Section 2.03.
Sample 1Sample 2
Third Contribution has the meaning set forth in the recitals above. “Transferred Contracts” has the meaning set forth in Section 2.01(a)(iii).
Sample 1Sample 2

Examples of Third Contribution in a sentence

  • Sub 3 will recognize no gain or loss upon either the Third Contribution or the Fourth Contribution (§§ 361(a) and 357(a)).

  • If the transfer of the qualified vessel in the Third Contribution (step (ix), above) qualifies under § 351 or § 361 and Closing Agreement #8 is properly entered into, then, Closing Agreement #8 shall determine the CCF tax consequences resulting from the transfer.

  • Sub 7’s basis for each asset received in the Third Contribution and Sub 8’s basis for each asset received in Fourth Contribution, respectively, will equal the basis of that asset in the hands of Sub 3 immediately prior to the transfer (§ 362(b)).

  • The Third Contribution followed by the Second Distribution will constitute a reorganization within the meaning of § 368(a)(1)(D).

  • If the transfer of the CCF in the Third Contribution (step (ix), above) qualifies under section 351, and the transfer to and maintenance of the CCF by Sub 7 is approved by the Secretary of Commerce, and Closing Agreement #9 is properly entered into, then, Closing Agreement #9 shall determine the CCF tax consequences resulting from the transfer.

  • Sub 7 and Sub 8 will recognize no gain or loss upon the Third Contribution and the Fourth Contribution, respectively (§ 1032(a)).

  • Sub 7’s holding period for each asset received in the Third Contribution and Sub 8’s holding period for each asset received in the Fourth Contribution, respectively, will include the period during which Sub 3 held such asset (§ 1223(2)).

  • The Second Distribution and Third Distribution The taxpayers have made the following representations in connection with the Third Contribution (step (ix)) and Second Distribution (step (x)), and the Fourth Contribution (step (xi)) and Third Distribution (step (xii)): (aa) The indebtedness owed by Sub 7 and Sub 8 to Sub 3, if any, after the Second Distribution and the Third Distribution will not constitute stock or securities.

  • Minimum Required Qualified Expenses: $355,000 USD Minimum Required the Company’s Project Expenses: $0 - Third Contribution - $0 USD, to be paid after 12 months following the Effective Date of this Agreement, after receipt and approval of the second interim fiscal report for the second 6-month period, but not before actual qualified expenses and the Company’s project expenses have equaled or exceeded the minimum required expenditures.

  • In the Third Contribution Notice, WSC LP warranted that it was not in breach of any provision of the Partnership Agreement.

Related to Third Contribution

  • In-kind contribution means a contribution of goods or services received by a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee, which contribution is paid for by a person or entity other than the recipient committee, but does not include services provided without compensation by an individual volunteering a part of or all of his or her time on behalf of a candidate or committee.

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • Cash Contribution refers to a direct payment of Contribution in Canadian currency.

  • Accumulated contributions means the sum of all

  • Qualifying contribution means, with respect to a

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Elective Contribution means the Employer contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess “annual additions” pursuant to Section 4.11(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.7(b) which is used to satisfy the “Actual Deferral Percentage” tests shall be considered an Elective Contribution for purposes of the Plan. Any contributions deemed to be Elective Contributions (whether or not used to satisfy the “Actual Deferral Percentage” tests or the “Actual Contribution Percentage” tests) shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the nondiscrimination requirements of Regulation 1.401(k)-1(b)(5) and Regulation 1.401(m)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Third party in-kind contributions means the value of non-cash contribu- tions provided by non-Federal third parties. Third party in-kind contribu- tions may be in the form of real prop- erty, equipment, supplies and other ex- pendable property, and the value of goods and services directly benefiting and specifically identifiable to the project or program.

  • Annual Contribution means the annual payment to the Fund made by each Member in return for Coverage by the Fund for a Fund Year;

  • Member contribution means a contribution under regulation 32;

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).