Common use of FEDERAL INCOME TAX CONSEQUENCES Clause in Contracts

FEDERAL INCOME TAX CONSEQUENCES. For federal income tax purposes, it ------------------------------- is intended that the transfers described in Section 2.1, Section 2.2 and Section ----------- ----------- ------- 2.3 and the Merger qualify as a contribution to Xenon 2 qualifying under Section --- 351 of the Code.

Appears in 4 contracts

Samples: Agreement and Plan of Contribution, Investment and Merger (General Electric Co), Agreement and Plan of Contribution, Investment and Merger (Xoom Inc), Merger Agreement (Xoom Inc)

AutoNDA by SimpleDocs

FEDERAL INCOME TAX CONSEQUENCES. For federal income tax purposes, it ------------------------------- is intended that the transfers described in Section 2.1, Section 2.2 and Section ----------- ----------- ------- 2.3 and the Merger qualify as a contribution to Xenon 2 qualifying under Section --- 351 of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Contribution, Investment and Merger (General Electric Co)

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