Common use of Specified Actions Clause in Contracts

Specified Actions. During the two year period following the Distribution Date, unless clause (i) or (ii) of the preceding paragraph is satisfied with respect to the applicable action, no Company or its Affiliate will (A) liquidate or merge with or into any other corporation (other than a merger which results in the outstanding stock of such Company or

Appears in 1 contract

Sources: Tax Sharing Agreement (Ribapharm Inc)

Specified Actions. During the two year period following the Distribution Date, unless clause (i) or (ii) of the preceding paragraph is satisfied with respect to the applicable action, no Company or its Affiliate will (A) liquidate or merge with or into any other corporation (other than a merger which results in the outstanding stock of such Company oror its Affiliates immediately before the merger continuing to represent at least

Appears in 1 contract

Sources: Tax Sharing Agreement (Cabot Microelectronics Corp)