No Special Status. None of the Acquired Companies is or has ever been a “personal holding company” (within the meaning of Code Section 542), or a shareholder in a “controlled foreign corporation” (within the meaning of Code Section 957), a “foreign personal holding company” (within the meaning of Xxx Section 552), or a “passive foreign investment company” (within the meaning of Code Section 1297).
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Samples: Membership Interest Purchase Agreement (Primoris Services CORP), Membership Interest Purchase Agreement (Ambassadors International Inc)
No Special Status. None of the The Acquired Companies is or has are not nor have they ever been a “personal holding company” (within the meaning of Code Section 542), or a shareholder in a “controlled foreign corporation” (within the meaning of Code Section 957), a “foreign personal holding company” (within the meaning of Xxx Code Section 552), or a “passive foreign investment company” (within the meaning of Code Section 1297), or a United States Real Property Holding Corporation (within the meaning of Code Section 897).
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Samples: Agreement and Plan of Merger (Primoris Services CORP)
No Special Status. None of the Acquired Companies The Company is or not nor has it ever been a “personal holding company” (within the meaning of Code Section 542), or a shareholder in a “controlled foreign corporation” (within the meaning of Code Section 957), a “foreign personal holding company” (within the meaning of Xxx Code Section 552), or a “passive foreign investment company” (within the meaning of Code Section 1297), or a United States Real Property Holding Corporation (within the meaning of Code Section 897).
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