Common use of No Circumstances Making Distribution Inadvisable Clause in Contracts

No Circumstances Making Distribution Inadvisable. No events or developments shall have occurred or exist that, in the judgment of the Aptiv Board, in its sole and absolute discretion, make it inadvisable to effect the Distribution or the other transactions contemplated hereby, or would result in the Distribution or the other transactions contemplated hereby not being in the best interest of Aptiv or its shareholders.

Appears in 4 contracts

Samples: Separation and Distribution Agreement (Delphi Technologies PLC), Separation and Distribution Agreement (Delphi Technologies PLC), Separation and Distribution Agreement (Delphi Automotive PLC)

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No Circumstances Making Distribution Inadvisable. No events or developments shall have occurred or exist that, in the judgment of the Aptiv Autoliv Board, in its sole and absolute discretion, make it inadvisable to effect the Distribution or the other transactions contemplated hereby, or would result in the Distribution or the other transactions contemplated hereby not being in the best interest interests of Aptiv Autoliv or its shareholdersstockholders.

Appears in 2 contracts

Samples: Distribution Agreement (Autoliv Inc), Distribution Agreement (Veoneer, Inc.)

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