Prohibition on Voluntary Liquidation. Parent covenants that it shall not take any action relating to a voluntary liquidation, dissolution or winding-up of ExchangeCo or its successors, prior to the Redemption Date (as defined in the Exchangeable Share Provisions) unless prior to such liquidation, dissolution or winding-up Parent shall have taken such actions to ensure that it is possible for holders of Exchangeable Shares to extend through to the Redemption Date (subject to the continuing effect of other provisions of this Agreement which may permit the redemption or other termination of the Exchangeable Shares prior to the Redemption Date) the deferral of any gain incurred by such holders that would otherwise have been recognized at the closing of the transactions contemplated by the Share Exchange Agreement.
Prohibition on Voluntary Liquidation. Shire covenants that it shall not, and agrees to cause CallCo to not, take any action relating to a voluntary liquidation, dissolution or winding-up of ExchangeCo or its successors or CallCo or its successors, as the case may be, prior to the Redemption Date (as defined in the Exchangeable Share provisions) unless prior to such liquidation, dissolution or winding-up Shire shall have taken such actions to ensure that it is possible for holders of Exchangeable Shares to extend through to the Redemption Date (subject to the continuing effect of other provisions of this trust agreement which may permit the redemption or other termination of the Exchangeable Shares prior to the Redemption Date) the deferral of any gain incurred by such holders that would otherwise have been recognized at the Effective Time (as such term is defined in the Plan of Arrangement) as a result of the consummation of the transactions contemplated by the Merger Agreement.
Prohibition on Voluntary Liquidation. Duke Energy shall not, and shall cause its subsidiaries not to, take any action relating to a voluntary liquidation, dissolution or winding-up of Exchangeco, as the case may be, prior to the Redemption Date (as defined in the Plan of Arrangement). AMENDED AND RESTATED COMBINATION AGREEMENT 54
Prohibition on Voluntary Liquidation. Parent covenants that it shall not take any action relating to a voluntary liquidation, dissolution or winding-up of Company or its successors prior to the Redemption Date (as defined in the Share Provisions) that results in the recognition under the INCOME TAX ACT (Canada) of any accrued gain on a holder's Exchangeable Shares, recognition of which was deferred on the consummation of the transactions contemplated by the Combination Agreement.
Prohibition on Voluntary Liquidation. Parent covenants that it shall not, and agrees to cause Callco to not, take any action relating to a voluntary liquidation, dissolution or winding-up of Exchangeco or its successors or Callco or its successors, as the case may be, prior to the Redemption Date (as defined in the Share Provisions) that results in the recognition under the Income Tax Act (Canada) (or the provincial Quebec equivalent) of any accrued gain on a holder's Exchangeable Shares, recognition of which was deferred on the consummation of the transactions contemplated by the Combination Agreement.
Prohibition on Voluntary Liquidation. Each of WSI and Capital Holdings covenants that it shall not take any action relating to a voluntary liquidation, dissolution or winding-up of CERI, prior to the Redemption Date (as defined in the Plan of Arrangement).
Prohibition on Voluntary Liquidation. The Purchaser Parties shall not, and agree to cause Newco to not, take any action relating to a voluntary liquidation, dissolution or winding-up of Exchangeco or Newco, as the case may be, prior to the Redemption Date (as defined in the Plan of Arrangement).
Prohibition on Voluntary Liquidation. 4.11 The Empire Parties shall not, and agree to cause Empire Holdings to not, take any action relating to a voluntary liquidation, dissolution or winding-up of Empire Exchangeco or its successors or Empire Holdings or its successors, as the case may be, prior to the Redemption Date (as defined in the Plan of Arrangement). Part 5 CONDITIONS Mutual Conditions Precedent
Prohibition on Voluntary Liquidation. 85 6.0 CONDITIONS..................................................................................................85 6.1
Prohibition on Voluntary Liquidation. The Redback Parties shall not, and agree to cause Newco to not, take any action relating to a voluntary liquidation, dissolution or winding-up of Exchangeco or Newco, as the case may be, prior to the Redemption Date (as defined in the Plan of Arrangement).
