PFIC. No Group Company shall become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986.
Appears in 3 contracts
Samples: Investor Rights Agreement (China Security & Surveillance Technology, Inc.), Investor Rights Agreement (China Security & Surveillance Technology, Inc.), Investor Rights Agreement (Origin Agritech LTD)
PFIC. No Group Company shall, and the Controlling Shareholder shall cause each Group Company not to, become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986.
Appears in 3 contracts
Samples: Investor Rights Agreement (Fushi Copperweld, Inc.), Investor Rights Agreement (Fushi International Inc), Investor Rights Agreement (Citadel L P)
PFIC. No Group Company shall, and each of the Controlling Shareholders shall cause each Group Company not to, become a “passive foreign investment company” within the meaning of Section 1297 of the U.S. Internal Revenue Code of 1986.
Appears in 1 contract
