Common use of Pooling; Tax-Free Qualification Clause in Contracts

Pooling; Tax-Free Qualification. Xxxx-XxXxx shall use its reasonable best efforts not to, and shall use its reasonable best efforts not to permit any of its Subsidiaries to, take any action (including any action otherwise permitted by this Section 4.1) that would prevent or impede the Merger from qualifying as a "pooling of interests" for accounting purposes or as a "reorganization" under Section 368 of the Code.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Oryx Energy Co), Agreement and Plan of Merger (Oryx Energy Co)

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Pooling; Tax-Free Qualification. XxxxXxxxxx-XxXxx Xxxxxxx shall use its reasonable best efforts not to, and shall use its reasonable best efforts not to permit any of its Subsidiaries to, take any action (including any action otherwise permitted by this Section 4.14.2) that would prevent or impede the Merger from qualifying as a "pooling of interests" for accounting purposes or as a "reorganization" under Section 368 of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Warner Lambert Co)

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Pooling; Tax-Free Qualification. XxxxXxxxxx-XxXxx Xxxxxxx shall use its reasonable best efforts not to, and shall use its reasonable best efforts not to permit any of its Subsidiaries to, take any action (including any action otherwise permitted by this Section 4.14.2) that would prevent or impede the Merger from qualifying as a "pooling of interests" for accounting purposes or as a "reorganization" under Section 368 of the Code.. (i)

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pfizer Inc)

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