Taxation and Accounting. 46 6.7. Access................................................................47 6.8. Affiliates............................................................47 6.9.
Taxation and Accounting. All taxation shall be drawn and accounted in the financial statements pursuant to the PRC accounting principles, including deferred tax or interim tax at the end of or before the accounting period, including but not limited to the tax the Company has been levied or may be levied at any time.
Taxation and Accounting. Subject to Section 6.2 and Parent's rights under the Stock Option Agreement, neither Parent nor the Company shall take or cause to be taken any action, whether before or after the Effective Time, that would disqualify the Merger as a "pooling of interests" for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Code. Each of Parent and the Company agrees to use its reasonable best efforts to cure any impediment to the qualification of the Merger as a "pooling of interests" for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Code.
Taxation and Accounting. Subject to Section 6.3, neither Parent nor the Company shall take or cause to be taken any action, whether before or after the Effective Time, that would disqualify the Merger as a "pooling of interests" for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Code.
Taxation and Accounting. (a) Neither Parent nor the Company shall, nor shall they permit either of their respective Subsidiaries or Affiliates to, take or cause to be taken any action, whether before or after the Effective Time, that would disqualify the Merger as a "pooling of interests" for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Code. Each of Parent and the Company agrees to use its reasonable best efforts to cure any impediment to the qualification of the Merger as a "pooling of interests" for accounting purposes or as a "reorganization" within the meaning of Section 368(a) of the Code.
Taxation and Accounting. (a) Neither Parent nor the Company shall take or cause to be taken, and each of Parent and the Company shall use its reasonable best efforts to prevent any of its affiliates from taking, any action, whether before or after the Effective Time, that would disqualify the Merger as a "reorganization" within the meaning of Section 368(a) of the Code. Each of Parent and the Company agrees to use all reasonable best efforts to cure any impediment to the qualification of the Merger as a "reorganization" within the meaning of Section 368(a) of the Code.
Taxation and Accounting. 38 6.7. Access............................................................................39 6.8. Affiliates........................................................................39 6.9. Stock Exchange Listing and De-listing.............................................41 6.10. Publicity.........................................................................41 6.11. Benefits..........................................................................41 (a) Stock Options.............................................................41 (b) Directors of Parent.......................................................43 (c)
Taxation and Accounting. 28 6.7 ACCESS ............................................................... 28 6.8
Taxation and Accounting. Neither Parent nor the Company shall, nor shall they permit either of their respective Subsidiaries or Affiliates to, take or cause to be taken any action, whether before or after the Effective Time, that would disqualify the Merger as a "reorganization" within the meaning of Section 368(a) of the Code. Each of Parent and the Company agrees to use its reasonable best efforts to cure any impediment to the qualification of the Merger as a "reorganization" within the meaning of Section 368(a) of the Code.
Taxation and Accounting. (a) At or prior to the filing of the Registration Statement and at or prior to the Closing, the Company and Parent shall execute and deliver to Xxxxxx Godward LLP and to Xxxxxxxx & Xxxxxxxx tax representation letters reasonably satisfactory to such counsel setting forth customary representations which may be relied upon by such counsel in rendering any opinions contemplated by this Agreement. Parent shall use commercially reasonable efforts to cause Xxxxxxxx & Xxxxxxxx to deliver to Parent a legal opinion, satisfying the requirements of Item 601 of Regulation S-K promulgated under the Securities Act and dated as of a date that is no more than two business days prior to the date of filing of the Registration Statement, to the effect that the Merger will constitute a reorganization within the meaning of Section 368(a) of the Code, based in part on the tax representation letters described in this Section 6.7(a). The Company shall use commercially reasonable efforts to cause Xxxxxx Godward LLP to deliver to the Company a legal opinion, satisfying the requirements of Item 601 of Regulation S-K promulgated under the Securities Act and dated as of a date that is no more than two business days prior to the date of filing of the Registration Statement, to the effect that the Merger will constitute a reorganization within the meaning of Section 368(a) of the Code, based in part on the tax representation letters described in this Section 6.7(a).
