Common use of S Corporation Status Clause in Contracts

S Corporation Status. The Company has been a validly electing S corporation within the meaning of Code Sections 1361 and 1362 (and any comparable state or local Tax provisions) at all times during its existence, and the Company will be an S corporation up to and including the Closing Date.

Appears in 1 contract

Samples: Employment Agreement (Cnet Networks Inc)

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S Corporation Status. The Company (and any predecessor of the Company) has been a validly electing S corporation within the meaning of Code Sections 1361 and 1362 (and any comparable state or local Tax provisions) at all times during its existencesince 1993, and the Company will be an S corporation up to and including the Closing Date.an including

Appears in 1 contract

Samples: Stock Purchase Agreement (Eps Solutions Corp)

S Corporation Status. The Company has been a validly an electing S corporation within the meaning of the Code Sections 1361 and 1362 (and any comparable state or local Tax provisions) at all times during since its existenceincorporation, and the Company will be remain an S corporation up to and including through the Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (O2wireless Solutions Inc)

S Corporation Status. The Company (and any predecessor of the Company) has been a validly electing S corporation corporation” within the meaning of Code Sections 1361 and 1362 (and any comparable state or local Tax provisions“S corporation”) at all times during its existencetime since December 31, 2000, and the Company will be an S corporation up to and including the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Caci International Inc /De/)

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S Corporation Status. The Company (and any predecessor of the Company) has been a validly electing S corporation within the meaning of Code Sections 1361 and 1362 (and any comparable state or local Tax provisions) at all times during its existence, and the Company will be an S corporation up to and including the day before the Closing Date. The Company will similarly qualify as an S corporation for state or local income tax purposes.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eps Solutions Corp)

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