Common use of Section 355 Clause in Contracts

Section 355. The Company has not distributed the stock of a “controlled corporation” (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 7 contracts

Sources: Merger Agreement (RDE, Inc.), Merger Agreement (RDE, Inc.), Merger Agreement (Incumaker, Inc.)

Section 355. The Neither the Company nor any Company Subsidiary has not distributed the stock of a “"controlled corporation” " (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 2 contracts

Sources: Share Exchange Agreement (Somanta Pharmaceuticals Inc.), Merger Agreement (Infodata Systems Inc)

Section 355. The Company has not distributed the stock of a “controlled corporation” (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two (2) years.

Appears in 2 contracts

Sources: Merger Agreement (Lavin Philip T), Merger Agreement (It&e International Group)

Section 355. The Company MMT has not distributed the stock of a “controlled corporation” (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 2 contracts

Sources: Share Exchange Agreement (Medicine Man Technologies, Inc.), Share Exchange Agreement (Medicine Man Technologies, Inc.)

Section 355. The Company has not distributed the stock of a “"controlled corporation” " (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 1 contract

Sources: Merger Agreement (Lifesciences Opportunities Inc)

Section 355. The Neither the Company nor any Company Subsidiary has not distributed the stock of a “controlled corporation” (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 1 contract

Sources: Merger Agreement (National Superstars Inc)

Section 355. The Neither the Company nor any of its Subsidiaries has not distributed the stock of a “"controlled corporation” " (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 1 contract

Sources: Merger Agreement (Fittipaldi Logistics, Inc.)