Common use of Restrictions on Remainco Clause in Contracts

Restrictions on Remainco. Remainco agrees that it will not take or fail to take, or permit any member of the Remainco Group, as the case may be, to take or fail to take, as applicable, any action where such action or failure to act would reasonably be expected to cause any material representation, warranty or covenant of any member of the Remainco Group in the Private Letter Ruling application (or related documentation), in any Remainco Tax Representation Letter or in this Agreement to be untrue in any material respect.

Appears in 4 contracts

Samples: Tax Matters Agreement (Berry Global Group, Inc.), Tax Matters Agreement (Glatfelter Corp), Tax Matters Agreement (At&t Inc.)

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Restrictions on Remainco. Remainco Xxxxxxxx agrees that it will not take or fail to take, or permit any member of the Remainco Group, as the case may be, to take or fail to take, as applicable, any action where such action or failure to act would reasonably be expected to cause any material representation, warranty or covenant of any member of the Remainco Group in the Private Letter Ruling application (or related documentation), in any Remainco Tax Representation Letter or in this Agreement to be untrue in any material respect. 5. Section 7.01(b) of the TMA is hereby deleted in its entirety and the following is inserted in lieu thereof:

Appears in 1 contract

Samples: Tax Matters Agreement (Treasure Holdco, Inc.)

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