Controlled Foreign Corporation. The Company is not a controlled foreign corporation (“CFC”) as defined in Section 957 of the Code. No Group Company will be a CFC immediately after the Closing.
Appears in 3 contracts
Samples: Shares Purchase Agreement (Qunar Cayman Islands Ltd.), Shares Purchase Agreement (Qunar Cayman Islands Ltd.), Shares Purchase Agreement (Baidu, Inc.)
Controlled Foreign Corporation. The No Group Company is not is, and no Group Company will be immediately after the Closing, a controlled foreign corporation “Controlled Foreign Corporation” (“CFC”) as defined in Section 957 of the Code. No Group Company will be a CFC immediately after Code with respect to the Closingsecurities held by Investor.
Appears in 2 contracts
Samples: Preferred Share Purchase Agreement (Longtop Financial Technologies LTD), Preferred Share Purchase Agreement (Longtop Financial Technologies LTD)
Controlled Foreign Corporation. The No Group Company is not is, or will be immediately after the Closing, a controlled foreign corporation (a “CFC”) as defined in Section 957 of the Code. No Group Company will be a CFC immediately after the Closing.
Appears in 1 contract
Samples: Share Purchase Agreement (Sequoia Capital 2010 CV Holdco Ltd.)
