Common use of Treatment as a Reorganization Clause in Contracts

Treatment as a Reorganization. Neither Buyer nor Company nor Stockholders shall take any action prior to or following the Transaction that could reasonably be expected to cause the Merger to fail to qualify as a "reorganization" within the meaning of Section 368(a) of the Code.

Appears in 3 contracts

Samples: Share Exchange Agreement (Sunningdale, Inc.), Share Exchange Agreement (Micro Interconnect Technology Inc), Share Exchange Agreement (Sunningdale, Inc.)

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Treatment as a Reorganization. Neither Buyer nor the Company nor the Stockholders shall take any action prior to or following the Transaction that could reasonably be expected to cause the Merger Transaction to fail to qualify as a "reorganization" within the meaning of Section 368(a) of the Code or a “plan” within the meaning of Section 351 of the Code.

Appears in 1 contract

Samples: Share Exchange Agreement (Medical Billing Assistance Inc)

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Treatment as a Reorganization. Neither Buyer Paradigm nor the Company nor Stockholders shall take any action prior to or following the Transaction Transactions that could reasonably be expected to cause the Merger Share Exchange to fail to qualify as a "reorganization" within the meaning of Section 368(a) of the Code.

Appears in 1 contract

Samples: Securities Exchange Agreement (Bingham Canyon Corp)

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