Closing Date Actions. The Purchaser shall not, and shall not cause or permit any Affiliate (including a Transferred Entity) to, cause or permit any Transferred Entity to take any action on the Closing Date after the Closing that would reasonably be expected to result in a material and adverse Tax consequence to the Seller Parties.
Appears in 2 contracts
Samples: Purchase Agreement (GPB Holdings II, LP), Purchase Agreement (Group 1 Automotive Inc)
Closing Date Actions. The Purchaser shall not, and shall not cause or permit any Affiliate (including a Transferred Entity) to, cause or permit any Transferred Entity to take any action on the Closing Date after the Closing that would reasonably be expected to result in a material and adverse Tax consequence to outside the Seller Partiesordinary course of business.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Altra Industrial Motion Corp.)
