PFIC Status. The Company did not qualify as a “passive foreign investment company” within the meaning of Section 1297 of the United States Internal Revenue Code of 1986, as amended, for its most recently completed taxable year, if any.
Appears in 25 contracts
Samples: Securities Purchase Agreement (Performance Shipping Inc.), Securities Purchase Agreement (Performance Shipping Inc.), Securities Purchase Agreement (Performance Shipping Inc.)
PFIC Status. The As described in the Registration Statement (and subject to the limitations and restrictions therein) the Company believes that it did not qualify as a “passive foreign investment company” (“PFIC”) within the meaning of Section 1297 of the United States Internal Revenue Code of 1986, as amended, for its most recently completed taxable year, if any, and believes that it is not likely to qualify as a PFIC in its current or a subsequent taxable year.
Appears in 7 contracts
Samples: Underwriting Agreement (Safe Bulkers, Inc.), Underwriting Agreement (Safe Bulkers, Inc.), Underwriting Agreement (Safe Bulkers, Inc.)
PFIC Status. The Company did not qualify as a “passive foreign investment company” (“PFIC”) within the meaning of Section 1297 of the United States Internal Revenue Code of 1986, as amended, for its most recently completed taxable year, if any.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Lexaria Bioscience Corp.), Underwriting Agreement (Paragon Shipping Inc.), Underwriting Agreement (Paragon Shipping Inc.)
PFIC Status. The As described in the Registration Statement (and subject to the limitations and restrictions therein) the Company believes that it did not qualify as a “passive foreign investment company” (“PFIC”) within the meaning of Section 1297 1296 of the United States Internal Revenue Code of 1986, as amended, for its most recently completed taxable year, if any, and believes that it is not likely to qualify as a PFIC in its current or a subsequent taxable year.
Appears in 2 contracts
Samples: Purchase Agreement (Safe Bulkers, Inc.), Purchase Agreement (Safe Bulkers, Inc.)
PFIC Status. The Company believes that it did not qualify as a “passive foreign investment company” (“PFIC”) within the meaning of Section 1297 1296 of the United States Internal Revenue Code of 1986, as amended, for its most recently completed taxable year, if any, and believes that it is not likely to qualify as a PFIC in its current or a subsequent taxable year.
Appears in 2 contracts
Samples: Sales Agreement (DryShips Inc.), Sales Agreement (DryShips Inc.)
PFIC Status. The Company did not qualify as a “"passive foreign investment company” " ("PFIC") within the meaning of Section 1297 of the United States Internal Revenue Code of 1986, as amended, for its most recently completed taxable year, if any.
Appears in 2 contracts
Samples: Underwriting Agreement (Box Ships Inc.), Underwriting Agreement (Box Ships Inc.)
PFIC Status. The Company did not qualify as a “"passive foreign investment company” " within the meaning of Section 1297 of the United States Internal Revenue Code of 1986, as amended, for its most recently completed taxable year, if any.
Appears in 2 contracts
Samples: Underwriting Agreement (Seanergy Maritime Holdings Corp.), Underwriting Agreement (Seanergy Maritime Holdings Corp.)
