Weatherford Group definition

Weatherford Group has the meaning set forth in the first recital hereto.
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Weatherford Group means the Company and its Subsidiaries.
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Weatherford Group means, individually or in any combination, Weatherford, its’ Affiliates, and each of their respective officers, directors, employees, contractors, subcontractors (other than any members of Supplier Group), agents, clients, invitees, heirs, successors and/or assigns.
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Examples of Weatherford Group in a sentence

  • For purpose of the calculations under this Agreement, any loss of Tax credits resulting from or attributable to the transfer of assets to Grant or any other member of the Grant Group in connection with the Spin-Off shall be ignored and all calculations shall be made as though all such tax credits were available for use by the Weatherford Group.

  • Except as otherwise provided in Paragraph 12 hereof, Weatherford shall not be obligated to pay Grant for any Tax credits of the Grant Group or any losses or deductions of the Grant Group used by the Weatherford Group to reduce its Federal income Tax liability or Federal taxable income for any Tax period ending on or before the Spin-Off Date.

  • For purposes of these computations, the allocation of Tax attributes to the Grant Group and absorption thereof by the Weatherford Group for each Tax period shall be determined in accordance with the Treasury Regulations under Section 1502 of the Code, applied in a manner consistent with practices and methods followed in reporting the Federal income Tax liability of the Weatherford Group for such Tax periods.

  • The expenses of administering the Plan shall be borne by the Weatherford Group.

  • Except as otherwise provided in Paragraph 5, any amounts that Grant shall be obligated to pay Weatherford pursuant to Paragraph 5 with respect to Tax periods of the Weatherford Group ending after the Spin-Off Date shall be paid within 30 days after filing of the Returns for such Tax periods.

  • In the event an amount otherwise payable by Grant to Weatherford is deferred pursuant to clause (ii) of the immediately preceding sentence, such amount shall be paid by Grant to Weatherford within 30 days after the filing of the Tax Return for the Tax period in which such Tax benefits of the Weatherford Group previously used would have been used.

  • Any amount payable by Grant to Weatherford pursuant to the immediately preceding sentence shall not be greater than the amount of Tax paid by Weatherford as a consequence of the Tax benefits of the Weatherford Group previously having been used to offset taxable income of the Grant Group.

  • Grant, at its expense and upon providing reasonable assurances to Weatherford of Granx'x xxxlity to pay any Taxes resulting from any such proposed adjustment, may contest such proposed adjustment; but in no event shall Grant be permitted to accept or offer any settlement or compromise that would require the settlement or compromise of issues relating to the Tax liabilities of members of the Weatherford Group other than the Grant Group.

  • In the event any deferred intercompany gain attributable to assets transferred to Grant or any other members of the Grant Group by other members of the Weatherford Group is recognized by the Weatherford Group by reason of the Spin-Off, such deferred intercompany gain, if any, shall be deemed to be gain of the Grant Group for its taxable year ending on the Spin-Off Date for purposes of all calculations under this Agreement.

  • Grant may, at its expense and only with Weatxxxxxxx'x xxxor consent, contest such proposed adjustments; but in no event shall Grant be permitted to accept or offer any settlement or compromise that would require the settlement or compromise of issues relating to the Tax liabilities of members of the Weatherford Group other than the Grant Group.


More Definitions of Weatherford Group

Weatherford Group means, individually or in any combination, Weatherford and its Affliates and each of their respective officers, directors, employees, contractors, subcontractors, consultants, vendors, agents, representatives, invitees, licensees, successors and/or assigns.
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Weatherford Group means Purchaser and its Subsidiaries, including (after Completion) the OFS Companies.
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Weatherford Group means any group of entities that includes any Weatherford Entity or the Weatherford Compression Business.
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Related to Weatherford Group

  • SAP Group means SAP Parent and any of its Associated Companies.

  • Parent Group has the meaning set forth in Section 8.03(c).

  • Honeywell has the meaning set forth in the preamble.

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • parent mixed financial holding company in a Member State means a mixed financial holding company which is not itself a subsidiary of an institution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in that same Member State;

  • Dte. GHS means Directorate General and Health Services, MOH&FW.

  • parent financial holding company in a Member State means a financial holding company which is not itself a subsidiary of an institution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in the same Member State;

  • Seller’s Group means the Seller and any company which is, on or after the date of this Agreement, a subsidiary or holding company of the Seller or a subsidiary of a holding company of the Seller, and excludes, for the avoidance of doubt, any Group Company, and "Seller's Group Company" shall be construed accordingly.

  • Affiliated Group means any affiliated group within the meaning of Section 1504(a) of the Code or any similar group defined under a similar provision of state, local or foreign law.

  • ITT means the Purchaser’s invitation to tender dated (date ITT issued).

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • SpinCo shall have the meaning set forth in the Preamble.

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • DBS Group means DBS Bank Ltd, its subsidiaries, affiliates, branches and related companies.

  • HSBC Group means HSBC Holdings plc, its affiliates, subsidiaries, associated entities and any of their branches and offices (together or individually), and “member of the HSBC Group” has the same meaning.

  • Xxxxxx Group shall have the meaning set forth in Section 9.2(b) hereof.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • Client Group means Client, any corporate body of which Client is a subsidiary (as defined by s. 1159 of the Companies Act 2006), any other subsidiary of such corporate body and any subsidiary of Client;

  • Purchaser’s Group means the Purchaser and its Affiliates from time to time;

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of Spinco immediately following the Contribution.

  • Management Group means the group consisting of the directors, executive officers and other management personnel of the Issuer or any direct or indirect parent of the Issuer, as the case may be, on the Issue Date together with (1) any new directors whose election by such boards of directors or whose nomination for election by the shareholders of the Issuer or any direct or indirect parent of the Issuer, as applicable, was approved by a vote of a majority of the directors of the Issuer or any direct or indirect parent of the Issuer, as applicable, then still in office who were either directors on the Issue Date or whose election or nomination was previously so approved and (2) executive officers and other management personnel of the Issuer or any direct or indirect parent of the Issuer, as applicable, hired at a time when the directors on the Issue Date together with the directors so approved constituted a majority of the directors of the Issuer or any direct or indirect parent of the Issuer, as applicable.

  • Tax Group has the meaning set forth in Section 7.06(h)(iii).

  • Member Company means a “service recipient” as defined in Treasury Regulation § 1.409A-1(h)(3).

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”