Common use of Section 355 Clause in Contracts

Section 355. Neither Parent nor any of its Subsidiaries has been a “distributing corporation” or a “controlled corporation” in connection with a distribution described in Section 355 of the Code.

Appears in 6 contracts

Sources: Merger Agreement (Turtle Beach Corp), Merger Agreement (INVO Bioscience, Inc.), Merger Agreement (FaZe Holdings Inc.)

Section 355. Neither Since December 31, 2013, neither Parent nor any of its Subsidiaries has been a “distributing corporation” or a “controlled corporation” in connection with a distribution described in Section 355 of the CodeCode (or any similar provision of applicable state, local or non-U.S. Law).

Appears in 3 contracts

Sources: Merger Agreement (Icon PLC), Merger Agreement (PRA Health Sciences, Inc.), Merger Agreement (Icon PLC)

Section 355. Neither the Parent nor any of its Subsidiaries has been a “distributing corporation” or a “controlled corporation” in connection with a distribution that was purported or intended to be described in Section 355 of the Code.

Appears in 1 contract

Sources: Merger Agreement (Avalo Therapeutics, Inc.)

Section 355. Neither the Parent nor any of its Subsidiaries has been a “distributing corporation” or a “controlled corporation” in connection with a distribution described in Section 355 of the Code.

Appears in 1 contract

Sources: Agreement and Plan of Merger (INVO Bioscience, Inc.)

Section 355. Neither Parent nor any of its Subsidiaries has not been a “distributing corporation” or a “controlled corporation” in connection with a distribution described in Section 355 of the Code.

Appears in 1 contract

Sources: Merger Agreement (Safe & Green Holdings Corp.)