Common use of Non-avoidance Clause in Contracts

Non-avoidance. Parent will not take any action with respect to the Company that would cause the transactions contemplated by this Agreement 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 Notices 2001-16 and 2008-111.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Belden Inc.), Agreement and Plan of Merger (JDS Uniphase Corp /Ca/)

AutoNDA by SimpleDocs

Non-avoidance. Parent will not take any action with respect to the Company or its Subsidiaries that would cause the transactions contemplated by this Agreement 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 Notices 2001-16 and 2008-111.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Frank's International N.V.)

AutoNDA by SimpleDocs

Non-avoidance. Parent will not take any action with respect to the Company and will cause the Company and its Subsidiaries not to take any action that would cause the transactions contemplated by this Agreement 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 Notices 2001-16 and 2008-111.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Roper Technologies Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.