Tax-Free Qualification. The Corporation 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 that would prevent or impede the Merger from qualifying as a reorganization under Section 368 of the Code.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Synthesis Energy Systems Inc), Agreement and Plan of Merger (Synthesis Energy Systems Inc)
Tax-Free Qualification. The Corporation Company shall use its reasonable best efforts not to, and shall use its reasonable best efforts not to permit any of its respective Subsidiaries subsidiaries to, take any action (including any action otherwise permitted by this Article VI) that would prevent or impede the Merger from qualifying as a reorganization under Section 368 of the Code.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Disc Graphics Inc /De/), Agreement and Plan of Merger (Dg Acquisition Corp)
