338 Election. Purchaser and its Affiliates shall not make any election under Section 338 or Section 336(e) of the Code or under any state, local, or foreign Law equivalent in respect of the transaction pursuant to this Agreement.
Appears in 2 contracts
Sources: Equity Purchase Agreement (Schlumberger Limited/Nv), Equity Purchase Agreement (ChampionX Corp)
338 Election. Purchaser Buyer hereby acknowledges and its Affiliates agrees that it shall not make any election under Section 338 or Section 336(e) of the Code (or any corresponding elections under any state, local, state or foreign Law equivalent local Tax Laws) in respect of connection with the transaction pursuant to this AgreementShare Acquisition.
Appears in 1 contract
Sources: Acquisition Agreement (Childrens Place Retail Stores Inc)
338 Election. Purchaser shall not and shall cause its Affiliates shall (including the Companies) not to make any an election under Section 338 or Section 336(e) of the Code or under any state, local, or foreign Law equivalent in similar law of any state with respect of to the transaction pursuant to transactions contemplated by this Agreement.
Appears in 1 contract