Examples of Treasury Regulations in a sentence
At Lennar’s election without the need for any further action by any other party (except as otherwise required by applicable law), Lennar, SpinCo, and TRSCo each hereby agrees to make one or more elections under section 336(e) of the Code and the Treasury Regulations promulgated thereunder and under any comparable provisions of state, local, or non-U.S.-law with respect to the Distribution, as provided in the Distribution Agreement, and effective as of the Distribution Date.
Xxxxxx and SpinCo agree that, at Xxxxxx’s election, they shall each make, and cause any relevant subsidiaries to make, one or more elections under section 336(e) of the Code and the Treasury Regulations promulgated thereunder and under any comparable provisions of state, local or non-U.S. law (each, a “Section 336(e) Election”) with respect to the Distribution and the subsequent disposition of the Retained Shares.
A register shall be kept at the principal office of the Trust or an office of the transfer agent of the Trust which shall contain the names and addresses of the Shareholders of each series or class, the number of Shares of each such series or class held by them respectively, a record of all transfers thereof and any other information required by the Code, United States Treasury Regulations or any other taxing authority with respect to regulated investment companies.
The parties hereto adopt this Agreement as a “plan of reorganization” within the meaning of Section 368(a)(2)(E) of the United States Treasury Regulations.
The Parties agree that, to the extent in accordance with under applicable Law, any transactions outside the ordinary course of business on the Closing Date, but after the Closing shall be allocated to Buyer under the “next day” rule of Treasury Regulations Section 1.1502-76(b)(1)(ii)(B) (or any similar, or analogous rule under state, local or foreign Tax Law that would allocate such items to Buyer).