Common use of Tax-Free Qualification Clause in Contracts

Tax-Free Qualification. ITI shall use its reasonable best efforts not to, and shall use its reasonable best efforts not to permit any of its respective subsidiaries to, take any action (including any action otherwise permitted by this Article IV) that would prevent or impede the Merger from qualifying as a reorganization under Section 368 of the Code.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Lil Marc Inc), Agreement and Plan of Merger (Lil Marc Inc), Agreement and Plan of Merger (Lil Marc Inc)

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