Common use of Completion of IRS Form 8023 Clause in Contracts

Completion of IRS Form 8023. Purchaser shall have delivered to Seller at or before the Closing the duly executed and accurately completed IRS Form 8023 in a form sufficient, when executed by Seller, to constitute a valid election under Section 338(h)(10) of the Code. Seller may waive any condition specified in this Article 8 if it executes a writing so stating at or prior to the Closing.

Completion of IRS Form 8023. Purchaser Seller shall have delivered to Seller Purchaser at or before the Closing the duly executed and accurately completed IRS Form 8023 in a form sufficient, when executed by SellerPurchaser, to constitute a valid election under Section 338(h)(10) of the Code. Seller may waive any condition specified in this Article 8 if it executes a writing so stating at or prior to the Closing.