Common use of S Status Clause in Contracts

S Status. The Company shall maintain its tax status as a subchapter S -------- corporation up to the Closing and the Company and the Shareholders shall not revoke or otherwise terminate the election of the Company to be treated as a subchapter S corporation.

Appears in 1 contract

Samples: Asset Acquisition Agreement (Global Motorsport Group Inc)

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S Status. The Company shall maintain its tax status as a subchapter an S -------- corporation Corporation up to the Closing day prior to the date of the Effective Time and the Company and the Shareholders shall not revoke or otherwise terminate the election of the Company to be treated as a subchapter an S corporationCorporation during such period.

Appears in 1 contract

Samples: Agreement and Plan of Merger (New Focus Inc)

S Status. The Company shall maintain its tax status as a subchapter an S -------- corporation Corporation up to the Closing Effective Time and the shareholders of the Company and the Shareholders shall not revoke or otherwise terminate the election of the Company to be treated as a subchapter an S corporationCorporation.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Failure Group Inc)

S Status. The Company shall maintain its tax status as a subchapter an S -------- corporation Corporation up to the Closing Effective Time and the Company and the Shareholders Sole Shareholder shall not revoke or otherwise terminate the election of the Company to be treated as a subchapter an S corporationCorporation.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Software Com Inc)

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S Status. The Company shall maintain its tax status as a subchapter an S -------- corporation Corporation up to the Closing Date and the Company and the Shareholders Shareholder shall not revoke or otherwise terminate the election of the Company to be treated as a subchapter an S corporationCorporation.

Appears in 1 contract

Samples: Stock Acquisition Agreement (Scientific Technologies Inc)

S Status. The Company shall maintain its tax status as a subchapter an S -------- corporation Corporation up to the Closing Effective Time and the Company and the Shareholders its shareholders shall not revoke or otherwise terminate the election of the Company to be treated as a subchapter an S corporationCorporation.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Summit Design Inc)

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