Common use of Section 355 Clause in Contracts

Section 355. The Company has not distributed the stock of a “controlled corporation” (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (RDE, Inc.), Agreement and Plan of Merger (RDE, Inc.), Agreement and Plan of Merger (Incumaker, Inc.)

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Section 355. The Neither the Company nor any Company Subsidiary has not distributed the stock of a "controlled corporation" (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Infodata Systems Inc), Share Exchange Agreement (Somanta Pharmaceuticals Inc.)

Section 355. The Company has not distributed the stock of a “controlled corporation” (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two (2) years.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Lavin Philip T), Agreement and Plan of Merger (It&e International Group)

Section 355. The Company has not distributed the stock of a "controlled corporation" (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lifesciences Opportunities Inc)

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Section 355. The Neither the Company nor any of its Subsidiaries has not distributed the stock of a "controlled corporation" (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Fittipaldi Logistics, Inc.)

Section 355. The Neither the Company nor any Company Subsidiary has not distributed the stock of a “controlled corporation” (within the meaning of that term as used in Section 355(a) of the Code) in a transaction subject to Section 355 of the Code within the past two years.

Appears in 1 contract

Samples: Agreement and Plan of Merger (National Superstars Inc)

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