Reasonable Expenditures. All amounts paid by the Corporation (i) to officers, employees, consultants and agents as salaries, compensation, and expenses reimbursed by the Corporation, or (ii) as rental payments, have been in amounts which are reasonable and deductible for income tax purposes.
Appears in 2 contracts
Samples: Stock Purchase and Sale Agreement (Tca Cable Tv Inc), Stock Purchase and Sale Agreement (Tca Cable Tv Inc)
Reasonable Expenditures. All amounts paid by the Corporation (i) to officers, employees, consultants and agents as salaries, compensation, and expenses reimbursed by the Corporation, or and (ii) as rental payments, have been in amounts which are reasonable and deductible for income tax purposes.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Pentegra Dental Group Inc)
Reasonable Expenditures. All amounts paid by the Corporation (i) ------------------------ to officers, employees, consultants and agents as salaries, compensation, and expenses reimbursed by the Corporation, or Corporation and (ii) as rental payments, have been in amounts which are reasonable and deductible for federal income tax purposes.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Physician Health Corp)
