Common use of Deemed Ownership Clause in Contracts

Deemed Ownership. None of the assets of any of the Acquired Companies is required to be treated as being owned by another Person for income tax purposes.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (Primoris Services CORP), Membership Interest Purchase Agreement (Ambassadors International Inc)

Deemed Ownership. None of the assets of any of the Acquired Companies Company is required to be treated as being owned by another Person for income tax purposes.

Appears in 1 contract

Sources: Stock Purchase Agreement (Primoris Services Corp)

Deemed Ownership. None of the assets of any of the Acquired Companies is required to be treated as being owned by another Person for income tax purposes.

Appears in 1 contract

Sources: Merger Agreement (Primoris Services CORP)