Tax Characterization. It shall treat the Transaction as a derivative financial contract for U.S. federal income tax purposes, and it shall not take any action or tax return filing position contrary to this characterization.
Appears in 31 contracts
Sources: Prepaid Share Forward Agreement (Live Oak Acquisition Corp. V), Prepaid Share Forward Agreement (Live Oak Acquisition Corp. V), Prepaid Share Forward Agreement (Live Oak Acquisition Corp. V)