Common use of 338 Election Clause in Contracts

338 Election. The Parties agree that no Party will make any election under section 338 of the Code (or any election corresponding to section 338 of the Code under foreign, state or local laws) with respect to the purchase of the shares of the AWS Subsidiaries.

338 Election. The Parties parties agree that no Party they will not make any election under section 338 of the Code (or any election corresponding to section 338 of in connection with the Code under foreign, state or local laws) with respect to the purchase of the shares of the AWS SubsidiariesTransactions.