Common use of After the Distribution Date Clause in Contracts

After the Distribution Date. ▇▇▇▇▇▇▇ shall not, nor cause or permit, any ▇▇▇▇▇▇▇ Subsidiary to take any action or enter into any transaction which could reasonably be expected to materially adversely impact the expected tax consequences to Hussmann which are known to ▇▇▇▇▇▇▇ of any transaction contemplated by this Agreement; PROVIDED, HOWEVER, nothing in this SECTION 6.06(b) shall prohibit ▇▇▇▇▇▇▇ from taking any action, or entering into any transaction (or permitting or causing any ▇▇▇▇▇▇▇ Subsidiary so to act or enter), in the ordinary course of business or in connection with the settlement of any audit issue or the filing of any tax return. After the Distribution Date, Hussmann shall not, nor cause or permit, any Hussmann Subsidiary to take any action or enter into any transaction which could reasonably be expected to materially adversely impact the reasonably expected tax consequences to ▇▇▇▇▇▇▇ which are known to Hussmann of any transaction contemplated by this Agreement; PROVIDED, HOWEVER, nothing in this SECTION 6.06(b) shall prohibit Hussmann from taking any action, or entering into any transaction (or permitting or causing any Hussmann Subsidiary so to act or enter) in the ordinary course of business or in connection with the settlement of any audit issue or the filing of any tax return.

Appears in 1 contract

Sources: Distribution Agreement (Hussmann International Inc)

After the Distribution Date. ▇▇▇▇▇▇▇ shall not, nor cause or permit, any ▇▇▇▇▇▇▇ Subsidiary to take any action or enter into any transaction which could reasonably be expected to materially adversely impact the expected tax consequences to Hussmann Midas which are known to ▇▇▇▇▇▇▇ of any transaction contemplated by this Agreement; PROVIDED, HOWEVER, nothing in this SECTION 6.06(b) shall prohibit ▇▇▇▇▇▇▇ from taking any action, or entering into any transaction (or permitting or causing any ▇▇▇▇▇▇▇ Subsidiary so to act or enter), in the ordinary course of business or in connection with the settlement of any audit issue or the filing of any tax return. After the Distribution Date, Hussmann Midas shall not, nor cause or permit, any Hussmann Midas Subsidiary to take any action or enter into any transaction which could reasonably be expected to materially adversely impact the reasonably expected tax consequences to ▇▇▇▇▇▇▇ which are known to Hussmann Midas of any transaction contemplated by this Agreement; PROVIDED, HOWEVER, nothing in this SECTION 6.06(b) shall prohibit Hussmann Midas from taking any action, or entering into any transaction (or permitting or causing any Hussmann Midas Subsidiary so to act or enter) in the ordinary course of business or in connection with the settlement of any audit issue or the filing of any tax return.

Appears in 1 contract

Sources: Distribution Agreement (Midas Group Inc)