Common use of KAR Assets Clause in Contracts

KAR Assets. Except as otherwise provided in the Tax Matters Agreement, for purposes of this Agreement, “KAR Assets” shall mean, as of the date of determination, all Assets of either Party or the members of such Party’s Group, other than the SpinCo Assets, it being understood that the KAR Assets shall include:

Appears in 5 contracts

Samples: Separation and Distribution Agreement (KAR Auction Services, Inc.), Separation and Distribution Agreement (IAA, Inc.), Separation and Distribution Agreement (IAA Spinco Inc.)

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