Tax Treatment Clause Example from Business Contracts

This example Tax Treatment clause appears in 4 contracts from 1 company

Tax Treatment. In each case for U.S. federal income tax and all other applicable tax purposes, the Maker and the Payee agree to treat this Note as an equity interest in the Maker, and shall take no contrary position on any tax return or before any taxing authority unless otherwise required by law). The Maker and the Payee shall reasonably cooperate to structure (i) any conversion of this Note in connection with a Business Combination and (ii) any contribution, forfeiture or elimination of this Note pursuant to... Section 1 in a manner that is tax-efficient for the Maker and the Payee, taking into account the terms of any Business Combination. the Maker will provide the Payee with information reasonably requested by the Payee in order to make and maintain a "qualified electing fund" election with respect to the Note, and any other information reasonably requested by the Payee for any tax compliance purpose. View More
Found in SK Growth Opportunities Corp contract
SK Growth Opportunities Corp Contracts

Form of Promissory Note between the Registrant and the Sponsor (Filed With SEC on May 23, 2022)

Form of Promissory Note (over-allotment) between the Registrant and the Sponsor (Filed With SEC on May 23, 2022)

Promissory note between the Company and the Sponsor (Filed With SEC on June 29, 2022)

Promissory note, dated July 20, 2022, between the Company and the Sponsor (Filed With SEC on July 22, 2022)