Common use of Healthworld and the U Clause in Contracts

Healthworld and the U. K. Stockholder shall comply with, and the U.K. Stockholder shall use commercially reasonable efforts to cause the Company to comply with, the Tax reporting requirements of Section 1.351-3 of the Treasury Regulations promulgated under the Code, and treat the transaction as a tax-free contribution under Section 351(a) of the Code.

Appears in 3 contracts

Samples: Agreement and Plan of Organization (Healthworld Corp), Agreement and Plan of Organization (Healthworld Corp), Agreement and Plan of Organization (Healthworld Corp)

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Healthworld and the U. K. Stockholder shall comply with, and the U.K. Stockholder shall use commercially reasonable efforts to cause the Company Companies to comply with, the Tax reporting requirements of Section 1.351-3 of the Treasury Regulations promulgated under the Code, and treat the transaction as a tax-free contribution under Section 351(a) of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Organization (Healthworld Corp)

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