Common use of Dual Consolidated Loss Clause in Contracts

Dual Consolidated Loss. Neither the Company nor any of its Subsidiaries has incurred a dual consolidated loss within the meaning of Section 1503 of the Code.

Appears in 2 contracts

Samples: Merger Agreement (Insmed Inc), Merger Agreement (Oclaro, Inc.)

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Dual Consolidated Loss. Neither the Company nor any of its Subsidiaries has have ever incurred a dual consolidated loss within the meaning of Section 1503 of the CodeCode (or any comparable provisions of state, local or foreign Legal Requirements).

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Zovio Inc), Agreement and Plan of Reorganization (Zovio Inc)

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Dual Consolidated Loss. Neither the Company nor any of its Subsidiaries has ever incurred a dual consolidated loss within the meaning of Section 1503 of the CodeCode (or any comparable provisions of state, local or foreign Legal Requirements).

Appears in 1 contract

Samples: Merger Agreement (Coupa Software Inc)

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