Common use of USRPHC Status Clause in Contracts

USRPHC Status. None of the Company and its subsidiaries is a United States real property holding company within the meaning of Section 897(c)(2) of the Internal Revenue Code of 1986, as amended (the "Code") during the applicable period specified in Code Section 897(c)(1)(A)(ii).

Appears in 2 contracts

Sources: Securities Purchase Agreement (Allied Waste Industries Inc), Securities Purchase Agreement (Laidlaw Inc)

USRPHC Status. None of the Company and its subsidiaries is a United States real property holding company within the meaning of Section 897(c)(2) of the Internal Revenue Code of 1986, as amended (the "CodeCODE") during the applicable period specified in Code Section 897(c)(1)(A)(ii).

Appears in 1 contract

Sources: Securities Purchase Agreement (Apollo Investment Fund Iii Lp)