Common use of No Section 338 Election Clause in Contracts

No Section 338 Election. The Purchaser shall not make an election pursuant to Section 338 of the Code or a similar election under any foreign, state or local laws with respect to the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Stock Purchase and Contribution Agreement (Palace Entertainment Holdings, Inc.)

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No Section 338 Election. The Purchaser shall will not make or permit to be made an election pursuant to under Section 338 of the Code (or a similar election provision under any foreign, state or local laws law) with respect to the transactions contemplated by this Agreementpurchase of the Acquired Interests hereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)

No Section 338 Election. The Purchaser Buyer shall not make an or permit to be made any election pursuant to under Section 338 of the Code (or a other similar election under any foreignstate, state local or local laws foreign Law) with respect to the transactions contemplated by this Agreementany Company Entity.

Appears in 1 contract

Samples: Stock Purchase Agreement (1 800 Flowers Com Inc)

No Section 338 Election. The Purchaser shall will not make or permit to be made an election pursuant to under Section 338 of the Code (or a similar election provision under any foreign, state or local laws Law) with respect to the transactions contemplated by this Agreementpurchase of the Common Interest in the Target hereunder.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Hines Global REIT, Inc.)

No Section 338 Election. The Purchaser shall not make an make, nor permit its Affiliates to make, any election pursuant to under Section 338 of the Code (or a similar election under any foreignanalogous provision of state, state local or local laws non-U.S. Law) with respect to the transactions contemplated by this Agreementsale of any Group Company.

Appears in 1 contract

Samples: Equity Purchase Agreement (EchoStar CORP)

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No Section 338 Election. The Purchaser shall not (and shall not permit any of its Affiliates or successors to) make an any election pursuant to under Section 338 of the Code or a similar election under any foreignprovisions of state, state local or local laws with foreign law in respect to of the transactions acquisition of the Company as contemplated by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Optio Software Inc)

No Section 338 Election. The Purchaser shall not make an any election pursuant to under Section 338 of the Code (or a any similar election provision under any foreignstate, state local, or local laws non-U.S. Tax related Law) with respect to the transactions contemplated by this Agreementacquisition of the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (ODP Corp)

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