PFIC. Neither the Company nor any Subsidiary is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 55 contracts
Samples: Securities Purchase Agreement (Blue Ridge Bankshares, Inc.), Securities Purchase Agreement (Rallybio Corp), Securities Purchase Agreement (Blue Ridge Bankshares, Inc.)
PFIC. Neither None of the Company nor or any Subsidiary of its Subsidiaries is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 13 contracts
Samples: Securities Purchase Agreement (You on Demand Holdings, Inc.), Securities Purchase Agreement (Chile Mining Technologies Inc.), Securities Purchase Agreement (Tanke Biosciences Corp)
PFIC. Neither the Company nor any Subsidiary of its Subsidiaries is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 11 contracts
Samples: Securities Purchase Agreement (Mri Interventions, Inc.), Securities Purchase Agreement (Mri Interventions, Inc.), Securities Purchase Agreement (Mri Interventions, Inc.)
PFIC. Neither the The Company nor any Subsidiary is or intends not, and does not intend to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 6 contracts
Samples: Securities Purchase Agreement (Qhy Group), Securities Purchase Agreement (Qhy Group), Securities Purchase Agreement (Yongye Biotechnology International, Inc.)
PFIC. Neither the The Company nor any Subsidiary is or intends not and does not intend to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 5 contracts
Samples: Securities Purchase Agreement (Data443 Risk Mitigation, Inc.), Securities Purchase Agreement (Crown Electrokinetics Corp.), Securities Purchase Agreement (Activeworlds Corp)
PFIC. Neither None of the Company nor or any Subsidiary is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 5 contracts
Samples: Note Purchase Agreement (Youngevity International, Inc.), Note Purchase Agreement (Youngevity International, Inc.), Securities Purchase Agreement (One Horizon Group, Inc.)
PFIC. Neither No Subsidiary of the Company nor any Subsidiary is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amendedamended (the “Code”) or a “controlled foreign corporation” within the meaning of Section 957 of the Code.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Biofrontera Inc.), Securities Purchase Agreement (Cellectar Biosciences, Inc.), Securities Purchase Agreement (Delcath Systems, Inc.)
PFIC. Neither None of the Company nor or any Subsidiary of its Subsidiaries is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 4 contracts
Samples: Securities Purchase Agreement (mLight Tech, Inc.), Securities Purchase Agreement (ChinaNet Online Holdings, Inc.), Securities Purchase Agreement (China Dredging Group Co., Ltd.)
PFIC. Neither the Company nor any Subsidiary of its subsidiaries is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 3 contracts
Samples: Subscription Agreement (Codesmart Holdings, Inc.), Purchase Agreement and Registration Rights Agreement (OvaScience, Inc.), Subscription Agreement (First Independence Corp.)
PFIC. Neither the Company nor any Subsidiary is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amendedamended (the “Code”) or a “controlled foreign corporation” within the meaning of Section 957 of the Code.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Unicycive Therapeutics, Inc.), Securities Purchase Agreement (Unicycive Therapeutics, Inc.)
PFIC. Neither None of the Company nor any Subsidiary and the Subsidiaries is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Olympus Pacific Minerals Inc), Securities Purchase Agreement (Olympus Pacific Minerals Inc)
PFIC. Neither the The Company nor any Subsidiary is not or intends and does not intend to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Tengion Inc), Securities Purchase Agreement (Tengion Inc)
PFIC. Neither the Company nor any Subsidiary is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amendedCode.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Maxwell Technologies Inc), Common Share Purchase and Revenue Share Agreement (Resource Holdings, Inc.)
PFIC. Neither the Company nor any Subsidiary is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 1 contract
Samples: Securities Purchase Agreement (Veri-Tek International, Corp.)
PFIC. Neither None of the Company nor or any Subsidiary of its non-PRC Subsidiaries is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 1 contract
Samples: Securities Purchase Agreement (Remediation Services, Inc.)
PFIC. Neither the Company nor any Subsidiary is or intends to become a “"passive foreign investment company” " within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 1 contract
Samples: Securities Purchase Agreement (China Pharma Holdings, Inc.)
PFIC. Neither the Company nor any Subsidiary of its Subsidiaries is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amendedamended (the Code) (a PFIC).
Appears in 1 contract
Samples: Exchange Agreement (GCL Silicon Technology Holdings Inc.)
PFIC. Neither None of the Company nor or any Subsidiary of its subsidiaries is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 1 contract
Samples: Securities Purchase Agreement (Lihua International Inc.)
PFIC. Neither the Company nor any Subsidiary of the Company is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amended.
Appears in 1 contract
PFIC. Neither the Company nor any Subsidiary is or intends to become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986, as amendedamended (the “Code”).
Appears in 1 contract
