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Personal Holding Company Sample Clauses

Personal Holding CompanyThe Company is not or has not been a personal holding company within the meaning of Section 542 of the Code.
Personal Holding CompanyThe Company has not, during the five (5) year period ending on the Closing Date, been a personal holding company within the meaning of Code Section 541.
Personal Holding Company. No Borrower Entity is a "personal holding company" as defined in Section 542 of the IRC.
Personal Holding CompanyThe Borrower is not a "personal holding company" as defined in Section 542 of the Code.
Personal Holding Company. The Physician does not own the shares of Company Common Stock, directly or indirectly, beneficially or of record, through a personal holding company.
Personal Holding Company. 32 4.20 Solvency.............................................32 4.21 Chief Executive Office...............................32 4.22 Subsidiaries.........................................32 4.23 Ownership of Patents, Licenses, Etc..................32 4.24
Personal Holding Company. No Consolidated Entity is a "personal holding company" as defined in Section 542 of the IRC.
Personal Holding CompanyNo Loan Party is a “personal holding company” as defined in Section 542 of the Code.
Personal Holding Company. To the best of SELLERS' knowledge and belief, the CORPORATION is not a personal holding company, nor is it subject to a Xxxx Xxxxx Xxxxxx filing.
Personal Holding Company. Neither the Acquired Companies nor the Subsidiaries are or has been a personal holding company within the meaning of Section 542 of the Code.