Common use of Section 355 Clause in Contracts

Section 355. Neither Parent nor any of its Subsidiaries has been a “distributing corporation” or a “controlled corporation” in connection with a distribution described in Section 355 of the Code.

Appears in 6 contracts

Samples: Merger Agreement (Turtle Beach Corp), Agreement and Plan of Merger (INVO Bioscience, Inc.), Agreement and Plan of Merger (FaZe Holdings Inc.)

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Section 355. Neither Since December 31, 2013, neither Parent nor any of its Subsidiaries has been a “distributing corporation” or a “controlled corporation” in connection with a distribution described in Section 355 of the CodeCode (or any similar provision of applicable state, local or non-U.S. Law).

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Icon PLC), Agreement and Plan of Merger (PRA Health Sciences, Inc.), Agreement and Plan of Merger (Icon PLC)

Section 355. Neither the Parent nor any of its Subsidiaries has been a “distributing corporation” or a “controlled corporation” in connection with a distribution that was purported or intended to be described in Section 355 of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Avalo Therapeutics, Inc.)

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Section 355. Neither the Parent nor any of its Subsidiaries has been a “distributing corporation” or a “controlled corporation” in connection with a distribution described in Section 355 of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (INVO Bioscience, Inc.)

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