Common use of Tax Status of Holdings Clause in Contracts

Tax Status of Holdings. Holdings is taxed as a corporation for U.S. federal income tax purposes. Holdings always has been taxed as a corporation since its inception and will be taxed as a corporation upon the Closing Date.

Appears in 5 contracts

Samples: Merger Agreement (AIRO Group, Inc.), Merger Agreement (AIRO Group, Inc.), Merger Agreement (AIRO Group, Inc.)

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Tax Status of Holdings. Holdings is taxed as a corporation for U.S. federal income tax purposes. Holdings always has been taxed as a corporation since its inception and will be taxed as a corporation upon the Closing Date.

Appears in 3 contracts

Samples: Merger Agreement (GigCapital2, Inc.), Merger Agreement (GigCapital2, Inc.), Merger Agreement (GigCapital2, Inc.)

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