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Common use of Internal Restructuring Clause in Contracts

Internal Restructuring. At or prior to the Effective Time, the Parties shall complete the Internal Restructuring, except for such steps (if any) as KAR in its sole discretion shall have determined need not be completed or may be completed after the Effective Time.

Appears in 3 contracts

Sources: Separation and Distribution Agreement (IAA, Inc.), Separation and Distribution Agreement (KAR Auction Services, Inc.), Separation and Distribution Agreement (IAA Spinco Inc.)

Related Clauses

  • Restructuring
  • Local Health Integration Networks and Restructuring
  • Restructuring Transactions
  • Internal Resolution
  • Internal Review

Parent Clauses

  • Covenants
  • Business Transfer Time Internal Restructuring Transfer of Assets and Liabilities
  • Fortrea Transfer and Restructuring
  • Tax Free Status
  • Tax Opinions and Representation Letters

Sub-Clauses

  • Treatment of Shared Contracts and Shared Permits
  • Restructuring: Transfers of Assets and Assumptions of Liabilities
  • Veoneer Funding Plan
  • Transfers Not Effected at or Prior to the Effective Time; Transfers Deemed Effective as of the Effective Time
  • Intercompany Accounts and Agreements
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