Formation of Sprint Sample Clauses

Formation of Sprint. HoldCo LLC and Sprint Sub LLC. Sprint will cause the formation of Sprint HoldCo LLC and cause Sprint HoldCo LLC to form Sprint Sub LLC, and Sprint will take, and will cause Sprint HoldCo LLC and Sprint Sub LLC to take, all actions necessary so that (i) Sprint Sub LLC at all times since its formation will have been, and immediately prior to the Closing will be, an entity disregarded as separate from Sprint HoldCo LLC for U.S. federal income tax purposes until the LLC Contribution and (ii) as of the Closing Date, Sprint Sub LLC’s limited liability company operating agreement will be in the form attached as Exhibit G.
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Related to Formation of Sprint

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  • Retention of Status An employee on approved paid or unpaid leave will retain her/his employment status for the duration of the leave.

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