Common use of Section 355 Clause in Contracts

Section 355. The Company has not distributed the stock of a “controlled corporation” (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (PFO Global, Inc.), Agreement and Plan of Merger (Blink Couture Inc.), Agreement and Plan of Merger (Incumaker, Inc.)

AutoNDA by SimpleDocs

Section 355. The Company has not distributed the stock of a “controlled corporation” (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two (2) years.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Lavin Philip T), Agreement and Plan of Merger (It&e International Group)

Section 355. The Neither the Company nor any Company Subsidiary has not distributed the stock of a "controlled corporation" (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Infodata Systems Inc), Share Exchange Agreement (Somanta Pharmaceuticals Inc.)

Section 355. The Neither the Company nor any Company Subsidiary has not distributed the stock of a “controlled corporation” (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 1 contract

Samples: Agreement and Plan of Merger (National Superstars Inc)

AutoNDA by SimpleDocs

Section 355. The Company has not distributed the stock of a "controlled corporation" (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lifesciences Opportunities Inc)

Section 355. The Neither the Company nor any of its Subsidiaries has not distributed the stock of a "controlled corporation" (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Fittipaldi Logistics, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.