Transferor corporation definition

Transferor corporation means a corporation which is the exclusive and undisputed owner of the technology at the time the transfer is made; and
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Transferor corporation means the corporation, foreign or domestic, that transfers its assets to another corporation in a transfer to which section 361 (relating to nonrecognition of gain or loss to corpo- rations) applies, but only if—
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Examples of Transferor corporation in a sentence

  • An example in the Treasury Regulations indicates that an acquiring corporation that retains one of three manufacturing plants owned by the Transferor corporation, each of which was of equal value, will be considered to meet this “continuity of business enterprise” requirement.

  • For an acquisition to qualify as a reorganization under section 368(a)(1)(C) or (D) of the Code, the acquiring corporation must continue the historic business enterprise of the Transferor corporation or use a significant portion of the Transferor’s historic business assets in a business.

  • Adistributor corporation means the corporation, foreign or domestic, that distributes its assets to another corporation described in section 332(b) in a distribution to which section 332 (relating to liquidations of subsidiaries) applies.(9) Transferor corporation.

  • Transferor corporation receives money and / or property, does not distribute it pursuant to the merger or consolidation plan►the gain shall be recognized but in an amount not in excess of the sum of such money and the FMV of such other property so received.

  • THE person(s) signing this Agreement on behalf of the Transferor corporation herein covenant and confirm that they are authorized to sign the Agreement on behalf of the Transferor, as authorized signing officers of the Transferor for the purposes of carrying out the terms of this Agreement.

  • Transferor corporation that converted to a limited liability com- pany under xxxxx law.

Related to Transferor corporation

  • The Purchaser or Corporation means the APMSIDC, the purchasing agency

  • Transferor Company means a public gas company.

  • Successor Corporation means a corporation, or a parent or subsidiary thereof within the meaning of Section 424(a) of the Code, which issues or assumes a stock option in a transaction to which Section 424(a) of the Code applies.

  • Acquiring Corporation means (i) the continuing or surviving person of a consolidation or merger with Issuer (if other than Issuer), (ii) the acquiring person in a plan of exchange in which Issuer is acquired, (iii) the Issuer in a merger or plan of exchange in which Issuer is the continuing or surviving or acquiring person, and (iv) the transferee of all or a substantial part of Issuer's assets or deposits (or the assets or deposits of the Issuer Subsidiary).

  • Amalgamating Corporations means both of them;

  • Corporation means a corporation, association, company, joint-stock company or business trust.

  • BHEL means Bharat Heavy Electricals Limited, a Company registered under the Indian Companies Act, 1956 with its Registered Office at BHEL House, Siri Fort, New Delhi, Pin-110049 through its office at FSIP-Jagdishpur or its authorized Officers or its Engineers or other employees authorized to deal with any matters with which these persons are concerned on its behalf.

  • Transferor Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • Participating Corporation means any Parent, Subsidiary or Affiliate that the Committee designates from time to time as eligible to participate in this Plan. For purposes of the Section 423 Component, only the Parent and Subsidiaries may be Participating Corporations, provided, however, that at any given time a Parent or Subsidiary that is a Participating Corporation under the Section 423 Component shall not be a Participating Corporation under the Non-Section 423 Component. The Committee may provide that any Participating Corporation shall only be eligible to participate in the Non-Section 423 Component.

  • Qualifying corporation means any person classified for federal income tax purposes as an association taxable as a corporation, except either of the following:

  • Clearing Corporation The meaning specified in Section 8-102(a)(5) of the UCC.

  • Successor Trust means the Continental Airlines Pass Through Trust 1999-1A-S.

  • Corporation/ Corpn./ Department means the Central Warehousing Corporation.

  • Constituent corporation means any corporation which engages with the Company, its Parent or any Subsidiary in a transaction to which Section 424(a) of the Code applies (or would apply if the option assumed or substituted were an ISO), or any Parent or any Subsidiary of such corporation.

  • Sub-Trust has the meaning set forth in Section 3.01(b) of the Titling Trust Agreement.

  • Transferee Company means any company or body corporate established in the Islands or in any other jurisdiction.

  • S corporation means a person that has made an election under subchapter S of Chapter 1 of Subtitle A of the Internal Revenue Code for its taxable year.

  • Transferor Certificate As defined in Section 5.02(b).

  • Alaska Native Corporation (ANC) means any Regional Corporation, Village Corporation, Urban Corporation, or Group Corporation organized under the laws of the State of Alaska in accordance with the Alaska Native Claims Settlement Act, as amended (43 U.S.C. 1601, et seq.) and which is considered a minority and economically disadvantaged concern under the criteria at 43 U.S.C. 1626(e)(1). This definition also includes ANC direct and indirect subsidiary corporations, joint ventures, and partnerships that meet the requirements of 43 U.S.C. 1626(e)(2).

  • Surviving Corporation has the meaning set forth in Section 2.1.

  • Savings and Loan Holding Company means a company registered as such with the Office of Thrift Supervision pursuant to 12 U.S.C. §1467(a) and the regulations of the Office of Thrift Supervision promulgated thereunder.

  • Delaware LLC Division means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section 18-217 of the Delaware Limited Liability Company Act.