Income Tax Considerations. It is the intention of the parties hereto that the exchange of stock contemplated by this Agreement will qualify for treatment as a tax-free reorganization under Section 368(a)(1)(B) of the Internal Revenue Code of 1986, as amended, and the parties hereby agree to undertake all reasonable actions necessary both before and after the consummation of the Exchange to effect such treatment.
Income Tax Considerations. It is the intention of the parties hereto that the Merger provided for in this Agreement will qualify for treatment as a tax-free reorganization under Section 368(a)(2)(E) of the Code and the parties will agree to undertake all appropriate actions necessary both before and after the Effective Date of the Merger to effect such treatment. Notwithstanding the foregoing, neither CET nor any of its affiliates shall have any liability whatsoever to BMTS or the BMTS shareholders for the treatment ultimately accorded the Merger by federal or state taxing and regulatory authorities; and BMTS shall bear all responsibility for any tax or other assessment levied, imposed or assessed by any regulatory or governmental authority on BMTS by virtue of the consummation of the Merger and the other transactions provided for in this Agreement. The BMTS shareholders shall bear all responsibility for any tax or other assessment levied, imposed or assessed by any regulatory or governmental authority on the BMTS Shareholders by virtue of the consummation of the Merger or other transactions provided for in this Agreement.
Income Tax Considerations. It is the intention of the parties hereto that the Merger provided for in this Agreement will qualify for treatment as a tax-free reorganization under Section 368(a)(2)(E) of the Code and the parties will agree to undertake all appropriate actions necessary both before and after the Effective Date of the Merger to effect such treatment. Notwithstanding the foregoing, neither SKYLYNX nor any of its affiliates shall have any liability whatsoever to VETCO or the VETCO shareholders for the treatment ultimately accorded the Merger by federal or state taxing and regulatory authorities; and VETCO shall bear all responsibility for any tax or other assessment levied, imposed or assessed by any regulatory or governmental authority on VETCO by virtue of the consummation of the Merger and the other transactions provided for in this Agreement. The VETCO shareholders shall bear all responsibility for any tax or other assessment levied, imposed or assessed by any regulatory or governmental authority on the VETCO shareholders by virtue of the consummation of the Merger or other transactions provided for in this Agreement.
Income Tax Considerations. Payments under CBRAP must be used to help pay for rent and secure housing to help with the general welfare of the residents of Illinois. It is IHDA’s understanding that CBRAP payments will not be included in Grantee’s income for Federal tax purposes, but only if Grantee has not received insurance benefits or other benefits, compensation, or any other rental assistance to help pay for rent.
Income Tax Considerations. No advance income tax ruling has been applied for, or information or disclosure provided to the Subscriber, in respect of any of the income tax consequences of an investment in Units. The Subscriber acknowledges that he or she has been urged by the Partnership to obtain independent tax advice.
Income Tax Considerations. At the Division Date the Trustee may consider the impact of taxes on the distribution of the Trust Property and may structure the payments in such a way as to minimize the impact of taxes on the distribution to both the Trust and the veterinary colleges.
Income Tax Considerations. Even if an assignment of all or any ------------------------- portion of a Member's Company interest would otherwise be permitted by the provisions of this Section 26, such assignment shall not be made if, in the opinion of counsel to the Company, such assignment, standing alone or in conjunction with other either previous or planned assignments, would result in a material risk of the Company being treated as other than a partnership for income tax purposes. Any transfer in violation of this subpart (c) shall be null and void ab initio. -- ------
Income Tax Considerations. 11.1 The parties intend that, to the greatest extent possible, the transaction contemplated herein not give rise to any Canadian income tax liability whatsoever; it being understood and agreed that the transaction contemplated herein may be modified to minimize any tax payable.
Income Tax Considerations. It is the intention of the parties hereto that the Merger provided for in this Agreement will qualify for treatment as a tax-free reorganization under Section 368(a)(2)(E) of the Code and the parties will agree to undertake all appropriate actions necessary both before and after the Effective Date of the Merger to effect such treatment. Notwithstanding the foregoing, neither SKYLYNX nor any of its affiliates shall have any liability whatsoever to DCI or the DCI shareholders for the treatment ultimately accorded the Merger by federal or state taxing and regulatory authorities; and DCI shall bear all responsibility for any tax or other assessment levied, imposed or assessed by any regulatory or governmental authority on DCI by virtue of the consummation of the Merger and the other transactions provided for in this Agreement. The DCI shareholders shall bear all responsibility for any tax or other assessment levied, imposed or assessed by any regulatory or governmental authority on the DCI shareholders by virtue of the consummation of the Merger or other transactions provided for in this Agreement.
Income Tax Considerations. The applicable prospectus supplement may describe certain Canadian federal income tax consequences to an investor who is a non-resident of Canada or to an investor who is a resident of Canada acquiring, owning and disposing of any of our securities offered thereunder. The applicable prospectus supplement may also describe certain U.S. federal income tax consequences of the acquisition, ownership and disposition of any of our securities offered thereunder by an initial investor who is a U.S. person (within the meaning of the U.S. Internal Revenue Code), including, to the extent applicable, such consequences relating to debt securities payable in a currency other than the U.S. dollar, issued at an original issue discount for U.S. federal income tax purposes or containing early redemption provisions or other special items.
