Common use of Controlled Foreign Corporation Clause in Contracts

Controlled Foreign Corporation. The Company is not currently a "controlled foreign corporation" for U.S. federal income tax purposes within the meaning of Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amended, and does not expect to become a controlled foreign corporation as a result of the offering of Shares hereby.

Appears in 3 contracts

Samples: Equity Distribution Agreement (Platinum Group Metals LTD), Equity Distribution Agreement (Metalla Royalty & Streaming Ltd.), Equity Distribution Agreement (Metalla Royalty & Streaming Ltd.)

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Controlled Foreign Corporation. The Company is not currently a "controlled foreign corporation" for U.S. federal income tax purposes within the meaning of Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Section 957 of the United States Internal Revenue Code of 1986, as amended, and does not expect to become a controlled foreign corporation as a result of the offering of Shares hereby.

Appears in 3 contracts

Samples: Equity Distribution Agreement (Uranium Royalty Corp.), Equity Distribution Agreement, Equity Distribution Agreement (GoldMining Inc.)

Controlled Foreign Corporation. The Company is not currently a "controlled foreign corporation" for U.S. federal income tax purposes within the meaning of Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amended, and does not expect to become a controlled foreign corporation as a result of the offering of Shares hereby.

Appears in 2 contracts

Samples: Equity Distribution Agreement (GoldMining Inc.), Equity Distribution Agreement (GoldMining Inc.)

Controlled Foreign Corporation. The As of the date hereof, the Company is not currently a "controlled foreign corporation" for U.S. federal income tax purposes within under Section 957 of the meaning of Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx U.S. Internal Revenue Code of 1986, as amended, . Each Purchaser acknowledges and agrees that the Company has not made and does not expect make any representations or warranties with respect to become a controlled foreign corporation as a result of the offering of Shares herebytransactions contemplated hereby other than those specifically set forth in this Section 3.

Appears in 1 contract

Samples: Purchase Agreement (Willbros Group Inc)

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Controlled Foreign Corporation. The Company is not currently a "controlled foreign corporation" for U.S. federal income tax purposes within the meaning of Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Section 957 of the United States Internal Revenue Code of 1986, as amended, and does not expect to become a controlled foreign corporation as a result of the offering of Shares hereby.

Appears in 1 contract

Samples: Equity Distribution Agreement (Platinum Group Metals LTD)

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