No Tax Election. The Member shall not make an election to have the Company treated as an association taxable as a corporation for federal income tax purposes. The Company shall be treated as disregarded from its sole owner for purposes of U.S. federal income tax.
No Tax Election. None of Methode or any of its Affiliates (including, without limitation, prior to the transactions contemplated hereby, Stratos Lightwave LLC), Stratos or any of its Affiliates (including, without limitation, subsequent to the transactions contemplated hereby, Stratos Lightwave, LLC) or any of their respective Representatives shall make any election under Treasury Regulations promulgated under Section 7701 of the Code (or any successor regulation or provision), or otherwise take any action, or fail to take any action, that could cause Stratos Lightwave LLC not to be disregarded as an entity separate from its owner for U.S. federal income tax purposes.
No Tax Election. The Board of Directors shall not make an election to have the Company treated as an association taxable as a corporation for federal income tax purposes.
No Tax Election. On or before the Closing, the Company shall not make any Tax election, or settle or compromise any federal, state, local or foreign Tax liability or file or amend any Tax Return.
No Tax Election. None of Methode or any of its Affiliates (including, without limitation, Stratos LLC), Stratos or any of its Affiliates or any of their respective Representatives shall make any election under Treasury Regulations promulgated under Section 7701 of the Code (or any successor regulation or provision), or otherwise take any action, or fail to take any action, that could cause Stratos LLC not to be disregarded as an entity separate from its owner for U.S. federal income tax purposes.
No Tax Election. Purchaser shall not make, and agrees to prevent the Target Companies from making, any tax election for U.S. income tax purposes that might adversely affect the Sellers without the prior written consent of the Sellers, which shall not be unreasonably withheld, taking into account any compensation provided by Purchaser to Sellers.
No Tax Election. 6 1.9 Transfer of Xxxxxxx Wet Products GmbH to Xxxxxxx Cayman.........................................6
No Tax Election. Buyer will not make an election or permit/cause any Directly Transferred Subsidiary to make an election under Section 338(h)(10) or Section 338(g) of the United States Internal Revenue Code of 1986, as amended (the "Code") (and any corresponding elections under state, local, or foreign law) with regard to the transactions contemplated by this Agreement.
No Tax Election. From the date hereof through the Closing, the Partnership shall not make any election for tax purposes without the prior written approval of the GP Buyer.
No Tax Election. Following the Closing, Purchaser shall not make, and agrees to prevent the Target Company or the Transferred Subsidiary from making, any tax election that might adversely affect Parent without the prior written consent of Parent (which consent shall not be unreasonably withheld, conditioned or delayed, provided, however, that such consent shall be deemed reasonably withheld to the extent Parent is not fully compensated for any Damages it suffers in connection with such tax election).
