Common use of Spin-Offs Clause in Contracts

Spin-Offs. The Company has not distributed the stock of any corporation in a transaction satisfying the requirements of Section 355 of the Code since April 16, 1997, and the stock of the Company has not been distributed in a transaction satisfying the requirements of Section 355 of the Code since April 16, 1997.

Appears in 6 contracts

Sources: Merger Agreement (Arthrocare Corp), Merger Agreement (Ambassadors International Inc), Merger Agreement (Arthrocare Corp)

Spin-Offs. The Company has Acquired Companies have not distributed the stock of any corporation in a transaction satisfying the requirements of Section 355 of the Code since April 16December 31, 19972004, and the stock of the Company Acquired Companies has not been distributed in a transaction satisfying the requirements of Section 355 of the Code since April 16December 31, 19972004.

Appears in 2 contracts

Sources: Stock Purchase Agreement (On Assignment Inc), Stock Purchase Agreement (Enzo Biochem Inc)

Spin-Offs. The Company has not distributed the stock of any corporation in a transaction satisfying the requirements of Section 355 of the Code since April 16, 1997Code, and the no stock of the Company has not been distributed in a transaction satisfying the requirements of Section 355 of the Code since April 16, 1997Code.

Appears in 1 contract

Sources: Merger Agreement (Allergan Inc)

Spin-Offs. The Company has not distributed the stock of any corporation in a transaction satisfying the requirements of Section 355 of the Code since April 16, 1997Code, and the stock of the Company has not been distributed in a transaction satisfying the requirements of Section 355 of the Code since April 16, 1997Code.

Appears in 1 contract

Sources: Merger Agreement (Websidestory Inc)