Security for Tax-Exempt Obligations. None of the assets of the Company directly or indirectly secures any debt the interest on which the Company has been advised is tax exempt under Section 103(a) of the Code.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Precept Business Services Inc), Agreement and Plan of Merger (Precept Business Services Inc), Stock Purchase Agreement (Precept Business Services Inc)