Common use of Tax and Accounting Treatment Clause in Contracts

Tax and Accounting Treatment. Each party hereto shall use all reasonable efforts to cause the Merger to qualify, and shall not take, and shall use all reasonable efforts to prevent any affiliate of such party from taking, any actions that could prevent the Merger from qualifying, as a reorganization under the provisions of section 368(a) of the Code or from qualifying for the "pooling of interests" method of accounting as provided in APB 16.

Appears in 3 contracts

Samples: Merger Agreement (Omni Nutraceuticals), Agreement and Plan of Merger (4health Inc), Agreement and Plan of Merger (4health Inc)

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Tax and Accounting Treatment. Each party hereto shall use ---------------------------- all reasonable efforts to cause the Merger to qualify, and shall not take, and shall use all reasonable efforts to prevent any affiliate of such party from taking, any actions that could prevent the Merger from qualifying, as a reorganization under the provisions of section 368(a) of the Code or from qualifying for the "pooling of interests" method of accounting as provided in APB 16.

Appears in 1 contract

Samples: Merger Agreement (Irwin Naturals 4 Health)

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