FIRPTA Activities. The Company agrees that it will not, without first obtaining the prior written consent of the Windward Agent, take any actions that would result in the Company becoming a United States real property holding company within the meaning of section 897(c)(2) of the Code (or any successor statutory or regulatory provision of similar effect).
Appears in 4 contracts
Samples: Stockholders Agreement (HCC Industries Inc /De/), Shareholder Agreement (Financial Pacific Co), Shareholder Agreement (Meridian Automotive Systems Inc)
FIRPTA Activities. The Company agrees that it will not, without ----------------- first obtaining the prior written consent of the Windward Agent, take any actions that would result in the Company becoming a United States real property holding company within the meaning of section 897(c)(2) of the Code (or any successor statutory or regulatory provision of similar effect).
Appears in 1 contract
Samples: Stockholders Agreement (HCC Industries International)