Common use of Controlled Group Liability Clause in Contracts

Controlled Group Liability. The Companies are not and will not be subject to any liability on account of Seller and the Companies having been affiliated, prior to the Closing Date, directly or indirectly, with any other entity or person under Code Section 414, ERISA Section 4001 or any similar foreign law.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Ml Media Partners Lp), Stock Purchase Agreement (Chancellor Media Corp of Los Angeles), Stock Purchase Agreement (Ml Media Partners Lp)

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Controlled Group Liability. The Companies are Company is not and will not be subject to any liability on account of Seller Sellers, the Company and the Companies Young Ones having been affiliated, prior to the Closing Date, directly or indirectly, with any other entity or person under Code Section 414, ERISA Section 4001 or any similar foreign law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Chancellor Media Corp of Los Angeles)

Controlled Group Liability. The Companies are Company is not and or will not be subject to any liability on account of Seller and any of the Companies Sellers or the Company having been affiliated, prior to the Closing Date, directly or indirectly, with any other entity or person under Code Section 414, ERISA Section 4001 or any similar foreign law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Phoenix Group Corp)

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Controlled Group Liability. The Companies are To the Knowledge of Seller, the Company is not and will not be subject to any liability on account of the Company and Seller and the Companies having been affiliated, prior to the Closing Date, directly or indirectly, with any other entity or person under Code Section 414, ERISA Section 4001 or any similar foreign law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Syratech Corp)

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