Contributions of Other Parties. At or contemporaneously with the Closing, as part of the same overall plan of contribution, the Company shall also be closing upon the Related Contribution Agreements, such that immediately after the Closing, the Company will own stock of Pathnet constituting control within the meaning of IRC Section 368(c).
Appears in 5 contracts
Samples: Contribution Agreement (Pathnet Inc), Contribution Agreement (Pathnet Inc), Contribution Agreement (Pathnet Inc)
Contributions of Other Parties. At or contemporaneously with the Initial Closing, as part of the same overall plan of contribution, the Company shall also be closing upon the Related Contribution Agreements, such that immediately after the Closing, the Company will own stock of Pathnet constituting control within the meaning of IRC Section 368(c).
Appears in 1 contract
Samples: Contribution Agreement (Pathnet Inc)