Treasury Regulations definition
Examples of Treasury Regulations in a sentence
Neither the Issuer, nor any party otherwise having the authority to act on behalf of the Issuer, is authorized to, or will, make the election described in U.S. Treasury Regulations Section 301.7701-3(a) to treat the Issuer as an association taxable as a corporation for U.S. federal income tax purposes, or a similar election under any U.S. state or local Law.
Transfer As set forth in 10.1.1. Transfer Expenses As set forth in 10.1.6. UBTI “Unrelated business taxable income,” as defined in Section 512 of Code and the Treasury Regulations promulgated thereunder.
The Purchase Price shall be allocated among the Assets in accordance with Section 1060 of the Code and the Treasury Regulations promulgated thereunder and the principles set forth on Part 2.5. After the Closing, the parties shall make consistent use of the allocation determined hereunder for all Tax purposes and in all filings, declarations and reports with the IRS in respect thereof, including the reports required to be filed under Section 1060 of the Code.
Neither the Company nor any of its Subsidiaries has Liability for the Taxes of any Person under Treasury Regulations Section 1.1502-6 (or any similar provision of state, local, or foreign law), as a transferee or successor, or by Contract (other than an Ordinary Course Agreement).
The Company has no Liability for the Taxes of any Person under Treasury Regulations Section 1.1502-6 (or any corresponding provision of any other Tax Law), or as a transferee or successor, or by Contract, or otherwise that would reasonably be expected to have any adverse effect upon Buyer (or any Affiliate of Buyer or the Company).