Common use of Section 481 Adjustments Clause in Contracts

Section 481 Adjustments. The Company is not required to include in income any adjustment pursuant to Section 481(a) of the Code by reason of a voluntary change in accounting method initiated by the Company, and the IRS has not proposed any such adjustment or change in accounting method.

Appears in 2 contracts

Samples: Merger Agreement (Pure Vanilla Exchange Inc), Merger Agreement (Appliedtheory Corp)

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Section 481 Adjustments. The Company is not required to include in income any adjustment pursuant to under Section 481(a) of the Code by reason of a voluntary change in accounting method initiated by the Company, Company and the IRS Company has not no knowledge that the Internal Revenue Service has proposed any such adjustment or change in accounting method.

Appears in 1 contract

Samples: Merger Agreement (Entreport Corp)

Section 481 Adjustments. The Company is not required to include in income any adjustment pursuant to under Section 481(a481 (a) of the Code by reason of a voluntary change in accounting method initiated by the Company, Company and the IRS Company has not no knowledge that the Internal Revenue Service has proposed any such adjustment or change in accounting method.

Appears in 1 contract

Samples: Merger Agreement (Entreport Corp)

Section 481 Adjustments. The Company is not required to include in income any adjustment pursuant to Section 481(a) of the Internal Revenue Code §481 by reason of a voluntary change in accounting method initiated by the Company, and the IRS Internal Revenue Service has not proposed any such adjustment or change in accounting method.

Appears in 1 contract

Samples: Merger Agreement (Lion Capital Holdings Inc)

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Section 481 Adjustments. The Company is not required to include in income any adjustment pursuant to Code Section 481(a) of the Code 481 by reason of a voluntary change in accounting method initiated by the Company, and the IRS Internal Revenue Service has not proposed any such adjustment or change in accounting method.

Appears in 1 contract

Samples: Merger Agreement (Geos Communications, Inc.)

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