Tax-Free Qualification. MCI shall not, and shall not permit any of its Subsidiaries to, take any action that would prevent or impede the Merger from qualifying as a reorganization under Section 368 of the Code.
Appears in 3 contracts
Samples: Merger Agreement (Mci Communications Corp), Merger Agreement (Worldcom Inc /Ga/), Merger Agreement (Mci Communications Corp)
Tax-Free Qualification. MCI shall not, and shall not permit any of its Subsidiaries to, take any action that would prevent or impede (i) the Merger from qualifying as a tax-free reorganization under Section 368 of the CodeCode or (ii) either party from obtaining the Required Consents.
Appears in 2 contracts
Samples: Merger Agreement (British Telecommunications PLC), Merger Agreement (Mci Communications Corp)
