Common use of Passive Foreign Investment Company Status Clause in Contracts

Passive Foreign Investment Company Status. The Company was not, for the taxable year ended December 31, 2009, and, after giving effect to the offering and sale of the Offered Shares and the application of the proceeds thereof as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus, does not expect to become in the future, a “passive foreign investment company” as defined in Section 1297 of the U.S. Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder.

Appears in 2 contracts

Samples: Letter Agreement (SodaStream International Ltd.), Underwriting Agreement (SodaStream International Ltd.)

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Passive Foreign Investment Company Status. The Company was not, for the taxable year ended December 31, 20092010, and, after giving effect to the offering and sale of the Offered Shares and the application of the proceeds thereof as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus, does not expect to become in the future, a “passive foreign investment company” as defined in Section 1297 of the U.S. Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder.

Appears in 1 contract

Samples: Letter Agreement (SodaStream International Ltd.)

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Passive Foreign Investment Company Status. The Company was not, for the taxable year ended December 31, 2009, and, after giving effect to the offering and sale of the Offered Shares and the application of the proceeds thereof as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus, does not expect to become in the future2013, a “passive foreign investment company” as defined in Section 1297 of the U.S. Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder.

Appears in 1 contract

Samples: Underwriting Agreement (King Digital Entertainment PLC)

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