Common use of No Withholding Clause in Contracts

No Withholding. The Company has not been a United States real property holding corporation within the meaning of Section 897(c)(2) of the Code during the applicable period specified in Section 897 of the Code. The transactions contemplated herein are not subject to the tax withholding provisions of Section 3406 of the Code, or of Subchapter A of Chapter 3 of the Code or of any other provision of law.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Basin Water, Inc.), Agreement and Plan of Merger (Basin Water, Inc.), Stock Purchase and Sale Agreement (Zhone Technologies Inc)

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No Withholding. The Company has not been a United States real property holding corporation within the meaning of Section 897(c)(2) of the Code during the applicable period specified in Section 897 of the Code. The Company has withheld and paid all Taxes required to have been withheld and paid in connection with amounts paid or owing to any employee, independent contractor, creditor, shareholder or other third party. The transactions contemplated herein are not subject to the tax withholding provisions of Section 3406 of the Code, or of Subchapter A of Chapter 3 of the Code or of any other provision of law.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Tix CORP), Agreement and Plan of Merger (TWL Corp)

No Withholding. The Company has not been a United States real property holding corporation within the meaning of Section 897(c)(2) of the Code during the applicable period specified in Section 897 of the Code. The transactions contemplated herein are not subject to the tax withholding provisions of Section 3406 of the Code, or of Subchapter A of Chapter 3 of the Code or of any other provision of law.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Lime Energy Co.), Note Purchase Agreement (Lime Energy Co.)

No Withholding. The Company has not been a United States real property holding corporation within the meaning of Section 897(c)(2) of the Code during the applicable period specified in Section 897 897(c)(1)(A)(ii) of the Code. The transactions contemplated herein are not subject Company has withheld and paid all Taxes required to the tax withholding provisions of Section 3406 of the Codehave been withheld and paid in connection with amounts paid or owing to any employee, independent contractor, creditor, stockholder or of Subchapter A of Chapter 3 of the Code or of any other provision of lawthird party.

Appears in 1 contract

Samples: Employment Agreement (Cnet Networks Inc)

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No Withholding. The Company has not been a United States real property holding corporation within the meaning of Section 897(c)(2) of the Code during the applicable period specified in Section 897 897(c)(1)(A)(ii) of the Code. The transactions contemplated herein are not subject Company has withheld and paid all Taxes required to the tax withholding provisions of Section 3406 of the Codehave been withheld and paid in connection with amounts paid or owing to any employee, independent contractor, creditor, stockholder or of Subchapter A of Chapter 3 of the Code or of any other provision of lawthird-party.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Allergan Inc)

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