Common use of Prohibition on SpinCo Clause in Contracts

Prohibition on SpinCo. SpinCo hereby agrees that, except to the extent permitted by Section 4(d)(ii), neither it nor any member of the SpinCo Group shall seek any guidance from the IRS or any other Tax Authority (whether written, verbal or otherwise) concerning any of the Spin-Off-Related Transactions (or the impact of any transaction on any of the Spin-Off-Related Transactions).

Appears in 2 contracts

Samples: Tax Sharing Agreement (Expedia, Inc.), Tax Sharing Agreement (Iac/Interactivecorp)

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Prohibition on SpinCo. SpinCo hereby agrees that, except to the extent permitted by Section 4(d)(ii), neither it nor any member of the SpinCo Group shall seek any guidance from the IRS or any other Tax Authority (whether written, verbal or otherwise) concerning any of the Spin-Off-Related Off Transactions (or the impact of any transaction on any of the Spin-Off-Related Off Transactions).

Appears in 2 contracts

Samples: Tax Matters Agreement (Consensus Cloud Solutions, Inc.), Tax Matters Agreement (Consensus Cloud Solutions, Inc.)

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Prohibition on SpinCo. SpinCo hereby agrees that, except to the extent permitted by Section 4(d)(ii), that neither it nor any member of the SpinCo Group shall seek any guidance from the IRS or any other Tax Authority (whether written, verbal or otherwise) concerning any of the Spin-Off-Related Transactions (or the impact of any transaction on any of the Spin-Off-Related Transactions).

Appears in 1 contract

Samples: Form of Tax Sharing Agreement (Piper Jaffray Companies)

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