Common use of Certain Post-Distribution Transactions Clause in Contracts

Certain Post-Distribution Transactions. (a) (i) D&B shall comply and shall cause its Subsidiaries to comply with and otherwise not take action inconsistent with each representation and statement made to the Internal Revenue Service in connection with the request by D&B for a ruling letter in respect of the Distribution as to certain tax aspects of the Distribution and (ii) until two years after the Distribution Date, D&B will maintain its status as a company engaged in the active conduct of a trade or business, as defined in Section 355(b) of the Code. (i) Cognizant shall comply and shall cause its Subsidiaries to comply with and otherwise not take action inconsistent with each representation and statement made to the Internal Revenue Service in connection with the request by D&B for a ruling letter in respect of the Distribution as to certain tax aspects of the Distribution and (ii) until two years after the Distribution Date, Cognizant will maintain its status as a company engaged in the active conduct of a trade or business, as defined in Section 355(b) of the Code. (i) ACNielsen shall comply and shall cause its Subsidiaries to comply with and otherwise not take action inconsistent with each representation and statement made with respect to ACNielsen to the Internal Revenue Service in connection with the request by D&B for a ruling letter in respect of the Distribution as to certain tax aspects of the Distribution and (ii) until two years after the Distribution Date, ACNielsen will maintain its status as a company engaged in the active conduct of a trade or business, as defined in Section 355(b) of the Code.

Appears in 4 contracts

Samples: Distribution Agreement (Acnielsen Corp), Distribution Agreement (Cognizant Corp), Distribution Agreement (Dun & Bradstreet Corp)

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Certain Post-Distribution Transactions. (a) (i) D&B shall comply and shall cause its Subsidiaries to comply with and otherwise not take action inconsistent with each 29 29 representation and statement made to the Internal Revenue Service in connection with the request by D&B for a ruling letter in respect of the Distribution as to certain tax aspects of the Distribution and (ii) until two years after the Distribution Date, D&B will maintain its status as a company engaged in the active conduct of a trade or business, as defined in Section 355(b) of the Code. (i) Cognizant shall comply and shall cause its Subsidiaries to comply with and otherwise not take action inconsistent with each representation and statement made to the Internal Revenue Service in connection with the request by D&B for a ruling letter in respect of the Distribution as to certain tax aspects of the Distribution and (ii) until two years after the Distribution Date, Cognizant will maintain its status as a company engaged in the active conduct of a trade or business, as defined in Section 355(b) of the Code. (i) ACNielsen shall comply and shall cause its Subsidiaries to comply with and otherwise not take action inconsistent with each representation and statement made with respect to ACNielsen to the Internal Revenue Service in connection with the request by D&B for a ruling letter in respect of the Distribution as to certain tax aspects of the Distribution and (ii) until two years after the Distribution Date, ACNielsen will maintain its status as a company engaged in the active conduct of a trade or business, as defined in Section 355(b) of the Code.

Appears in 1 contract

Samples: Distribution Agreement (Acnielsen Corp)

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