Common use of Section 355 Transactions Clause in Contracts

Section 355 Transactions. The Company has not been the “distributing corporation” or a “controlled corporation” (within the meaning of Section 355 of the Code) with respect to a transaction described in Section 355 of the Code.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Ari Network Services Inc /Wi), Stock Purchase Agreement (Landec Corp \Ca\), Stock Purchase Agreement (Landec Corp \Ca\)

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Section 355 Transactions. The Company has not been the “distributing corporation” or a “controlled corporation” (within the meaning of Section 355 of the Code) with respect to a transaction described in Section 355 of the Code.

Appears in 2 contracts

Samples: Stock Purchase Agreement (National Research Corp), Merger Agreement (National Research Corp)

Section 355 Transactions. The Company has Companies have not been the a “distributing corporation” or a “controlled corporation” (within the meaning of Section 355 of the Code) with respect to a transaction described in Section 355 of the Code.

Appears in 1 contract

Samples: Stock and Unit Purchase Agreement (Orion Energy Systems, Inc.)

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Section 355 Transactions. The Company has not been the a “distributing corporation” or a “controlled corporation” (within the meaning of Section 355 of the Code) with respect to a transaction described in Section 355 of the Code.

Appears in 1 contract

Samples: Stock Purchase Agreement (Steven Madden, Ltd.)

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