Distribution Matters. All conditions to permit the Distribution to qualify as a tax-free distribution to UtiliCorp, Aquila and UtiliCorp's stockholders shall, to the extent applicable at the time of the IPO, be satisfied, and there shall be no event or condition that is likely to cause any of such conditions not to be satisfied as of the time of the Distribution or thereafter.
Appears in 3 contracts
Sources: Master Separation Agreement (Aquila Inc), Master Separation Agreement (Aquila Energy Corp), Master Separation Agreement (Aquila Inc)