Common use of PFIC Clause in Contracts

PFIC. The Company is not a Passive Foreign Investment Company (“PFIC”) within the meaning of Section 1296 of the United States Internal Revenue Code of 1966, and the Company is not likely to become a PFIC.

Appears in 10 contracts

Sources: Underwriting Agreement (Anteris Technologies Global Corp.), Underwriting Agreement (Praxis Precision Medicines, Inc.), Underwriting Agreement (Praxis Precision Medicines, Inc.)

PFIC. The Company is not a Passive Foreign Investment Company (“PFIC”) within the meaning of Section 1296 of the United States Internal Revenue Code of 1966Code, and the Company is not likely to become a PFIC.

Appears in 3 contracts

Sources: Sales Agreement (Senseonics Holdings, Inc.), Underwriting Agreement (Senseonics Holdings, Inc.), Sales Agreement (BOSTON OMAHA Corp)

PFIC. The Company is not a Passive Foreign Investment Company (“PFIC”) within the meaning of Section 1296 of the United States Internal Revenue Code of 1966, and the Company is not likely to become a PFIC.

Appears in 1 contract

Sources: Underwriting Agreement (Anteris Technologies Global Corp.)