Common use of Deemed Ownership Clause in Contracts

Deemed Ownership. None of the assets of any of the Acquired Companies is required to be treated as being owned by another Person for income tax purposes.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Ambassadors International Inc), Membership Interest Purchase Agreement (Primoris Services CORP)

AutoNDA by SimpleDocs

Deemed Ownership. None of the assets of any of the Acquired Companies Company is required to be treated as being owned by another Person for income tax purposes.

Appears in 1 contract

Samples: Stock Purchase Agreement (Primoris Services Corp)

AutoNDA by SimpleDocs

Deemed Ownership. None of the assets of any of the Acquired Companies is required to be treated as being owned by another Person for income tax purposes.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Primoris Services CORP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!