Tax Characterization. It shall treat the Transaction as a derivative financial contract for U.S. federal income tax purposes, and it shall not take any action or tax return filing position contrary to this characterization.
Appears in 28 contracts
Sources: Confirmation to Share Forward Transaction to Non Redemption Agreement (Inflection Point Acquisition Corp. II), Otc Equity Prepaid Forward Transaction (Aeries Technology, Inc.), Otc Equity Prepaid Forward Transaction (Worldwide Webb Acquisition Corp.)