Worthless Stock Deduction definition

Worthless Stock Deduction means any claim (for U.S. federal income tax reporting purposes) of a worthless stock deduction under section 165(g) of the U.S. Tax Code with respect to beneficial ownership of Common Stock.

Worthless Stock Deduction means a deduction with respect to NRG’s tax basis in the stock of GenOn Energy, Inc. or any of its subsidiaries claimed pursuant to section 165 of the Internal Revenue Code and section 1.1502-80(c) of the Treasury Regulations or any comparable provision of state or local law.

Worthless Stock Deduction means the deduction that Xcel or its Affiliates will claim under Section 165(g)(3) of the Internal Revenue Code and any comparable provision of state or local law with respect to the loss of its investment in NRG.

Examples of Worthless Stock Deduction in a sentence

• Any further Proposed Transaction or Worthless Stock Deduction must be the subject of an additional Trading Notice or Worthless Stock Deduction Notice and Objection Period.

• Fludarabine• Fludarabine 30 mg/m2/day (adjusted for renal function) is administered over a 30- 60 minute IV infusion on Days –6 through –2 (maximum cumulative dose, 150 mg/m2).• The BSA dosing is based on adjusted IBW (Appendix K), unless the subject weighs less than IBW, in which case dosing is based on actual body weight.• CrCl may change during the days fludarabine is given.

• In the event that a Majority Stockholder claims a Worthless Stock Deduction in violation of these Procedures, such holder shall be required to file an amended federal income tax return revoking such deduction.

• If none of the Debtors, the Prepetition Agent, or any Official Committee file an Objection by the Objection Deadline, then such deduction shall be permitted as set forth in the Notice of Intent to Take a Worthless Stock Deduction.

• Neither Xcel nor any of its Affiliates shall claim the Worthless Stock Deduction for any year before the Loss Year.

More Definitions of Worthless Stock Deduction

Worthless Stock Deduction means any claim (for income tax reporting purposes) of a worthless stock deduction under section 165(g) of the IRC with respect to the OneWeb Stock.

Worthless Stock Deduction means any deduction related to FE Corp.’s ownership interest in the Debtors to be claimed pursuant to 26 U.S.C. § 165.

Worthless Stock Deduction means the deduction that Xcel or an Xcel Affiliated Company will claim under Section 165(g)(3) of the Code and any comparable provision of state or local law with respect to the loss of its investment in NRG.

Worthless Stock Deduction has the meaning set forth in Article I of the Plan.

Worthless Stock Deduction means any claim (for U.S. federal income tax reporting purposes) of a worthlessness deduction under section 165 of the Tax Code with respect to the beneficial ownership of ATNX Stock.

Worthless Stock Deduction means any attempt by any entity as defined in Treasury Regulations §1.382-3(a)(1) or individual to claim a loss on its U.S. federal income tax return with respect to Beneficial Ownership of Common Stock pursuant to section 165(g) of the Internal Revenue Code of 1986, 26 U.S.C. §§ 1–9834, as amended (the “IRC”), the applicable Treasury Regulations thereunder (the “Treasury Regulations”) and rulings issued by the IRS. An “Entity” shall have the meaning ascribed to that term in Treasury Regulations §1.382-3(a).

Worthless Stock Deduction means any deduction related to FE Corp.'s ownership interest in the Debtors to be claimed pursuant to 26 U.S.C. § 165.