Accounting Consequences. It is intended by the parties hereto that the purchase and sale of the Purchased Shares under this Agreement shall qualify for accounting treatment as a purchase under U.S. generally-accepted accounting principles.
Appears in 3 contracts
Samples: Share Exchange Agreement (Wireless Age Communications Inc), Share Exchange Agreement (Wireless Age Communications Inc), Share Exchange Agreement (Wireless Age Communications Inc)
Accounting Consequences. It is intended by the parties hereto that the purchase and sale of the Purchased Shares under this Agreement shall qualify for accounting treatment as a purchase recapitalization under U.S. generally-accepted accounting principles.
Appears in 2 contracts
Samples: Share Exchange Agreement (Big Flash Corp), Share Exchange Agreement (Big Flash Corp)
