Common use of Buyer Status Clause in Contracts

Buyer Status. Buyer is not an employee benefit plan or other organization exempt from taxation pursuant to Section 501(a) of the Code, a non-resident alien, a foreign corporation or other foreign Person, or a regulated investment company within the meaning of Section 851 of the Code.

Appears in 6 contracts

Samples: Membership Interest Purchase and Sale Agreement (Alamo Energy Corp.), Purchase Agreement (Magellan Midstream Holdings Lp), Purchase Agreement (Knight Inc.)

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Buyer Status. Buyer is not an employee benefit plan or other organization exempt from taxation pursuant to Section 501(a) of the Code, a non-resident alien, a foreign corporation or other foreign Person, or a regulated investment company within the meaning of Section 851 of the Code. Neither Buyer nor any Person that directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with, Buyer, within the meaning of the HSR Act and the rules promulgated thereunder, owns any Common Units or other equity interests in the Partnership.

Appears in 2 contracts

Samples: Purchase Agreement (Noble Energy Inc), Purchase Agreement (Western Refining, Inc.)

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