Actions Contrary to Stated Intent Sample Clauses

Actions Contrary to Stated Intent. No party hereto will knowingly, either before or after the Merger, take any action that would prevent the Merger from qualifying as a tax-free exchange within the meaning of Section 351 of the Code.
AutoNDA by SimpleDocs
Actions Contrary to Stated Intent. Neither party shall take any action that would, or reasonably might be expected to, result in any of its representations and warranties set forth herein being or becoming untrue in any material respect, or in any of the conditions to the Acquisition set forth in Article IX hereof not being satisfied.
Actions Contrary to Stated Intent. No party hereto will knowingly, either before or after the Closing Date, take any action that would prevent the Exchange from qualifying as a tax-free exchange within the meaning of Section 351 of the Code.
Actions Contrary to Stated Intent. No party hereto shall, from or after the date hereof and either before or after the Effective Time, take any action that would prevent the Merger from qualifying as a reorganization under Section 368 of the Code.
Actions Contrary to Stated Intent. It shall not, from or after the date hereof and either before or after the Effective Time, take any action that would prevent the Merger from qualifying as a reorganization under Section 368(a) of the Code or prevent the business combination to be effected by the Merger from being accounted for as a pooling-of-interests under generally accepted accounting principles. Each of HCCH, Holdco and the Affiliated Companies shall use its reasonable best efforts to cause its affiliates not to take any action that would preclude the ability of HCCH to account for the business combination to be effected by the Merger as a pooling-of-interests.
Actions Contrary to Stated Intent. Neither party shall, or shall permit any of its Subsidiaries to, take any action that would, or reasonably might be expected to, result in any of its representations and warranties set forth herein being or becoming untrue in any material respect, or in any of the conditions set forth in Article IX not being satisfied.
Actions Contrary to Stated Intent. No party hereto will, either --------------------------------- before or after the Merger, take any action that would prevent the Merger from qualifying as a reorganization under Section 368(1)(A) of the Code.
AutoNDA by SimpleDocs
Actions Contrary to Stated Intent. Each party will use its reasonable --------------------------------- efforts to cause the Merger to qualify as a tax-free reorganization under Section 368 of the Code and accordingly, will not, either before or after consummation of the Merger, take any action or fail to take any action that would prevent the Merger from so qualifying as a tax-free reorganization under such Section or be inconsistent with such qualification.
Actions Contrary to Stated Intent. No action will be taken by either --------------------------------- Qualix or Octopus before or after the Merger that would, to the knowledge of such party, prevent the Merger from qualifying (i) as a tax-free reorganization under Section 368(a) of the Code or (ii) to the knowledge of such party, for pooling-of-interests treatment under GAAP.
Actions Contrary to Stated Intent. Neither Atlantic, Channel nor NCI will, either before or after the consummation of the Merger, take any action which would prevent the Merger from qualifying as a tax-free reorganization under Section 368(a) of the Internal Revenue Code of 1986, as amended. Each party will use reasonable efforts to prevent any of its officers or directors from taking or permitting any such action.
Time is Money Join Law Insider Premium to draft better contracts faster.