Gain Recognition Agreements. SpinCo will not take any action (including the sale or disposition of any stock, securities or other assets), or permit its Affiliates to take any such action, and SpinCo will not fail to take any action, or permit its Affiliates to fail to take any action, that would cause Parent or any of its Affiliates or SpinCo or any of its Affiliates to recognize gain under any Gain Recognition Agreement.
Appears in 9 contracts
Samples: Tax Matters Agreement (GE Vernova Inc.), Tax Matters Agreement (General Electric Co), Tax Matters Agreement (GE Vernova LLC)
Gain Recognition Agreements. SpinCo will not take any action (including the sale or disposition of any stock, securities or other assets), or permit its Affiliates to take any such action, and SpinCo will not fail to take any action, action or permit its Affiliates to fail to take any action, action that would cause Parent HII or any of its Affiliates or SpinCo or any of its Affiliates to recognize gain under any Gain Recognition Agreement.
Appears in 7 contracts
Samples: Tax Matters Agreement (Resideo Technologies, Inc.), Tax Matters Agreement (Resideo Technologies, Inc.), Tax Matters Agreement (Garrett Motion Inc.)
Gain Recognition Agreements. SpinCo will not take any action (including the sale or disposition of any stock, securities securities, or other assets), or permit its Affiliates to take any such action, and SpinCo will not fail to take any action, or permit its Affiliates to fail to take any action, that would cause Parent or any of its Affiliates or SpinCo or any of its Affiliates to recognize gain under any Gain Recognition Agreement., including those listed on Schedule D.
Appears in 1 contract
Samples: Tax Matters Agreement (Phinia Inc.)
Gain Recognition Agreements. SpinCo will not take any action (including the sale or disposition of any stock, securities securities, or other assets), or permit its Affiliates to take any such action, and SpinCo will not fail to take any action, or permit its Affiliates to fail to take any action, that would cause Parent or any of its Affiliates or SpinCo or any of its Affiliates to recognize gain under any Gain Recognition Agreement., including those listed on Schedule C.
Appears in 1 contract
Samples: Tax Matters Agreement (Phinia Inc.)