Common use of Certain Issuances of Corner Store Capital Stock Clause in Contracts

Certain Issuances of Corner Store Capital Stock. If Corner Store proposes to enter into any Specified Acquisition Transaction or, to the extent Corner Store has the right to prohibit any Specified Acquisition Transaction, proposes to permit any Specified Acquisition Transaction to occur, in each case, during the period from the date hereof until the first day after the two-year anniversary of the Distribution Date, Corner Store shall provide Valero, no later than ten days following the signing of any written agreement with respect to the Specified Acquisition Transaction, with a written description of such transaction (including the type and amount of Corner Store Capital Stock to be issued in such transaction) and a certificate of the Board of Directors of Corner Store to the effect that the Specified Acquisition Transaction is not a Proposed Acquisition Transaction or any other transaction to which the requirements of Section 7.02(d) apply (a “Board Certificate”).

Appears in 4 contracts

Samples: Tax Matters Agreement, Tax Matters Agreement (CST Brands, Inc.), Tax Matters Agreement (CST Brands, Inc.)

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