Common use of No Intermediary Transaction Tax Shelter Clause in Contracts

No Intermediary Transaction Tax Shelter. The Purchaser shall not take any action or cause any action to be taken with respect to the Company subsequent to the Closing that would cause the transactions contemplated hereby to constitute part of a transaction that is the same as, or substantially similar to, the “Intermediary Transaction Tax Shelter” described in Internal Revenue Service Notice 2001-16, 2001 1 C.B. 730, and Internal Revenue Service Notice 2008-20 I.R.B. 2008 6 (January 17, 2008), and Internal Revenue Service Notice 2008-111 I.R.B. 1299 (December 1, 2008).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Fat Brands, Inc), Stock Purchase Agreement (Fat Brands, Inc)

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No Intermediary Transaction Tax Shelter. The Purchaser shall not take any action or cause any action to be taken with respect to the Company subsequent to the Closing that would cause the transactions contemplated hereby to constitute part of a transaction that is the same as, or substantially similar to, the "Intermediary Transaction Tax Shelter" described in Internal Revenue Service Notice 2001-16, 2001 1 C.B. 730, and Internal Revenue Service Notice 2008-20 I.R.B. 2008 6 (January 17, 2008), and Internal Revenue Service Notice 2008-111 I.R.B. 1299 (December 1, 2008).

Appears in 2 contracts

Samples: Unit Purchase Agreement (Arcosa, Inc.), Stock Purchase Agreement (Providence Service Corp)

No Intermediary Transaction Tax Shelter. The Purchaser shall not take any action or cause any action to be taken with respect to the Company or the Surviving Corporation subsequent to the Closing that would cause the transactions contemplated hereby to constitute part of a transaction that is the same as, or substantially similar to, the “Intermediary Transaction Tax Shelter” described in Internal Revenue Service Notice 2001-16, 2001 2001-1 C.B. 730, and Internal Revenue Service Notice 2008-20 I.R.B. 2008 2008-6 (January 17, 2008), and Internal Revenue Service Notice 2008-111 I.R.B. 1299 (December 1, 2008).

Appears in 1 contract

Samples: Merger Agreement (Park Ohio Holdings Corp)

No Intermediary Transaction Tax Shelter. The Purchaser shall not take any action or cause any action to be taken with respect to the Company subsequent to the Closing that would cause the transactions contemplated hereby to constitute part of a transaction that is the same as, or substantially similar to, the “Intermediary Transaction Tax Shelter” described in Internal Revenue Service Notice 2001-162001‑16, 2001 1 C.B. 730, and Internal Revenue Service Notice 2008-20 2008‑20 I.R.B. 2008 6 (January 17, 2008), and Internal Revenue Service Notice 2008-111 2008‑111 I.R.B. 1299 (December 1, 2008).

Appears in 1 contract

Samples: Stock Purchase Agreement (Sonoco Products Co)

No Intermediary Transaction Tax Shelter. The Purchaser shall not take any action or cause any action to be taken with respect to the Company subsequent to the Closing that would cause the transactions contemplated hereby to constitute part of a transaction that is the same as, or substantially similar to, the "Intermediary Transaction Tax Shelter" described in Internal Revenue Service Notice 2001-162001‑16, 2001 1 C.B. 730, and Internal Revenue Service Notice 2008-20 2008‑20 I.R.B. 2008 6 (January 17, 2008), and Internal Revenue Service Notice 2008-111 2008‑111 I.R.B. 1299 (December 1, 2008).

Appears in 1 contract

Samples: Securities Purchase Agreement (BG Staffing, Inc.)

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No Intermediary Transaction Tax Shelter. The Purchaser shall not take any action or cause any action to be taken with respect to the Company or the Surviving Corporation subsequent to the Closing that would cause the transactions contemplated hereby to constitute part of a transaction that is the same as, or substantially similar to, the “Intermediary Transaction Tax Shelter” described in Internal Revenue Service Notice 2001-16, 2001 1 C.B. 730, and Internal Revenue Service Notice 2008-20 I.R.B. 2008 6 (January 17, 2008), and Internal Revenue Service Notice 2008-111 I.R.B. 1299 (December 1, 2008).

Appears in 1 contract

Samples: Merger Agreement (Sparton Corp)

No Intermediary Transaction Tax Shelter. The Purchaser shall not take any action or cause any action to be taken with respect to the Company or the Surviving Entity subsequent to the Closing that would cause the transactions contemplated hereby to constitute part of a transaction that is the same as, or substantially similar to, the “Intermediary Transaction Tax Shelter” described in Internal Revenue Service Notice 2001-162001‑16, 2001 1 C.B. 730, and Internal Revenue Service Notice 2008-20 2008‑20 I.R.B. 2008 6 (January 17, 2008), and Internal Revenue Service Notice 2008-111 2008‑111 I.R.B. 1299 (December 1, 2008).

Appears in 1 contract

Samples: Merger Agreement (Grand Canyon Education, Inc.)

No Intermediary Transaction Tax Shelter. The Purchaser Buyer shall not take any action or cause any action to be taken with respect to the Company subsequent to the Closing that would cause the transactions contemplated hereby to constitute part of a transaction that is the same as, or substantially similar to, the “Intermediary Transaction Tax Shelter” described in Internal Revenue Service Notice 2001-16, 2001 1 C.B. 730, and Internal Revenue Service Notice 2008-20 I.R.B. 2008 6 (January 17, 2008), and Internal Revenue Service Notice 2008-111 I.R.B. 1299 (December 1, 2008).

Appears in 1 contract

Samples: Securities Purchase Agreement (ModivCare Inc)

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