Common use of Newco Restricted Transaction Clause in Contracts

Newco Restricted Transaction. Notwithstanding Section 7.01(b)(v), a member of the New News Corporation Group may enter into a Restricted Transaction or Newco Restricted Transaction if Remainco consents in writing, which may be granted or withheld in the sole discretion of Remainco.

Appears in 4 contracts

Samples: Tax Sharing and Indemnification Agreement, Tax Sharing and Indemnification Agreement (Twenty-First Century Fox, Inc.), Tax Sharing and Indemnification Agreement (NEWS Corp)

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