Tax-Free Qualification. Lil Marc shall use its reasonable best efforts not to, and shall use its reasonable best efforts not to permit any of its respective subsidiaries to, take any action (including any action otherwise permitted by this Article
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Lil Marc Inc), Agreement and Plan of Merger (Lil Marc Inc)
Tax-Free Qualification. Lil Marc shall use its reasonable best efforts not to, and shall use its reasonable best efforts not to permit any of its respective subsidiaries to, take any action (including any action otherwise permitted by this ArticleArticle IV) that would prevent or impede the Merger from qualifying as a reorganization under Section 368 of the Code.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Lil Marc Inc), Agreement and Plan of Merger (Lil Marc Inc)