Common use of Notification Regarding Certain Acquisition Transactions Clause in Contracts

Notification Regarding Certain Acquisition Transactions. (a) If Concentra proposes to enter into any 25% Acquisition Transaction or takes any affirmative action to permit any 25% Acquisition Transaction to occur at any time during the twenty-four (24)-month period following the Distribution Date, Concentra shall undertake in good faith to provide Select, no later than ten (10) Business Days following the signing of any written agreement with respect to such 25% Acquisition Transaction or obtaining knowledge of the occurrence of any such 25% Acquisition Transaction that takes place without a written agreement, with a written description of such transaction (including the type and amount of Stock to be issued) and an explanation as to why such transaction does not result in the application of Sections 355(a)(1)(B), 355(e), or 355(f) of the Code to the Transactions.

Appears in 4 contracts

Samples: Tax Matters Agreement (Select Medical Holdings Corp), Tax Matters Agreement (Concentra Group Holdings Parent, Inc.), Tax Matters Agreement (Concentra Group Holdings Parent, Inc.)

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