Common use of PREDECESSORS AND SUCCESSORS Clause in Contracts

PREDECESSORS AND SUCCESSORS. As part of an internal restructuring in 2006, J. ▇▇▇ ▇▇▇▇▇▇▇▇▇ Holdings, Inc. (“JRMHI”) converted from a corporation to a limited liability company and changed its name to J. ▇▇▇ ▇▇▇▇▇▇▇▇▇ Holdings, LLC (“JRMH LLC”). After the 2006 internal restructuring, BHI owned all of the outstanding stock of ▇▇▇▇▇▇▇▇▇ Incorporated (“MI”) and all of the membership interests in JRMH LLC. In 2010, prior to the External Distribution: 1. MI converted from a corporation to a limited liability company and changed its name to ▇▇▇▇▇▇▇▇▇ Investments, LLC (“MI LLC”), and 2. BHI contributed its entire interest in MI LLC and JRMH LLC to ▇. ▇▇▇ U.S. and distributed all of the stock of ▇. ▇▇▇ U.S. to MII in the Internal Distribution.

Appears in 2 contracts

Sources: Tax Sharing Agreement (Babcock & Wilcox Co), Tax Sharing Agreement (McDermott International Inc)