Common use of Modification; Revocation Clause in Contracts

Modification; Revocation. The Buyer and ASC each agree that it shall not, and shall not permit any of its respective Affiliates to, take any action to modify the Election Forms following the execution thereof, or to modify or revoke the Section 338(h)(10) Election, or any such available election under any substantially similar state or local law, following the filing of the Election Forms, without the written consent of the Buyer or ASC, as the case may be.

Appears in 4 contracts

Samples: Purchase Agreement (Peak Resorts Inc), Purchase Agreement (Peak Resorts Inc), Purchase Agreement (American Skiing Co /Me)

AutoNDA by SimpleDocs

Modification; Revocation. The Buyer Purchaser and ASC Seller each agree agrees that it shall not, and shall not permit any of its respective Affiliates to, take any action to modify the Election Forms following the execution thereof, or to modify or revoke the Section 338(h)(10) Election, or any such available election under any substantially similar state or local lawlaw if requested by Seller, following the filing of the Election Forms, without the written consent of the Buyer Purchaser or ASCSeller, as the case may be.

Appears in 2 contracts

Samples: Purchase Agreement (Foundation Health Systems Inc), Purchase Agreement (Superior National Insurance Group Inc)

Modification; Revocation. The Buyer Purchasers and ASC each agree that it shall not, and shall not permit any of its respective Affiliates to, take any action to modify the Election Forms following the execution thereof, or to modify or revoke the Section 338(h)(10) Election, or any such available election under any substantially similar state or local lawlaw if requested by the Purchasers, following the filing of the Election Forms, without the written consent of the Buyer Purchasers or ASC, as the case may be.

Appears in 1 contract

Samples: Purchase Agreement (American Skiing Co /Me)

AutoNDA by SimpleDocs

Modification; Revocation. The Buyer and ASC each agree that it shall not, and shall not permit any of its respective Affiliates to, take any action to modify the Election Forms following the execution thereof, or to modify or revoke the Section 338(h)(10) Election, or any such available election under any substantially similar state or local law, following the filing of the Election Forms, without the prior written consent of the Buyer or ASC, as the case may be.

Appears in 1 contract

Samples: Purchase Agreement (American Skiing Co /Me)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!