Common use of Tax Avoidance Transactions Clause in Contracts

Tax Avoidance Transactions. No Group Member has entered into or been engaged in or been a party to any transaction which is artificial or fictitious or any transaction or series of transactions or scheme or arrangement of which the main or dominant purpose or one of the main or dominant purposes was the avoidance or deferral of or reduction in the liability to Tax of any Group Member.

Appears in 6 contracts

Samples: Note Subscription Agreement (Cheng Zheng), Note Subscription Agreement (Cheng Zheng), Waiver and Consent (KKR & Co. L.P.)

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Tax Avoidance Transactions. No Group Member has entered into or been engaged in or been a party to any transaction which is artificial or fictitious or any transaction or series of transactions or scheme or arrangement of which the main or dominant purpose or one of the main or dominant purposes was the avoidance or deferral of or reduction in the liability to Tax of any such Group Member.

Appears in 2 contracts

Samples: Subscription Agreement (China Sunergy Co., Ltd.), Subscription Agreement (China Sunergy Co., Ltd.)

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