Common use of Tax-Exempt Use Property Clause in Contracts

Tax-Exempt Use Property. None of the assets of the Companies or any of their Subsidiaries is "tax-exempt use property" within the meaning of Section 168(h) of the Code.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Park Place Entertainment Corp), Stock Purchase Agreement (Starwood Hotels & Resorts)

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Tax-Exempt Use Property. None of the assets of property owned by the Companies Company or any of their its Subsidiaries is "tax-exempt use property" within the meaning of Section 168(h) of the Code.

Appears in 1 contract

Samples: Merger Agreement (Cytyc Corp)

Tax-Exempt Use Property. None of the assets of property owned by the Companies Company or any of their Subsidiaries Subsidiary is "tax-exempt use property" within the meaning of Section section 168(h) of the Code.

Appears in 1 contract

Samples: Stock Purchase Agreement (Blanch E W Holdings Inc)

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Tax-Exempt Use Property. None of the properties or assets of the Companies or any of their Subsidiaries LLC is "tax-exempt use property" within the meaning of Section 168(h) of the Code.

Appears in 1 contract

Samples: Membership Interests and Asset Purchase Agreement (Philip Services Corp/De)

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