Common use of Split Participant Agreement Clause in Contracts

Split Participant Agreement. Prior to, but contingent upon the Reorganized TCEH Spin-Off, the Split Participant Agreement, shall have been entered into between Oncor and Reorganized TCEH, in accordance with the terms hereof, the Plan of Reorganization and the Oncor Letter Agreement, shall be in full force and effect and shall not have been amended, modified or supplemented without the consent of Parent.

Split Participant Agreement. Prior to, but contingent upon or on the date of the Reorganized TCEH Spin-Off, Oncor shall enter into the Amended and Restated Split Participant Agreement, shall have been entered into between Oncor and Reorganized TCEH, substantially in accordance with the terms hereof, form attached to the Plan of Reorganization and the Oncor Letter Merger Agreement, shall be in full force and effect any related agreements and plan amendments. Oncor shall not have been amended, modified or supplemented amend the Amended and Restated Split Participant Agreement without the consent of Parent, such consent not to be unreasonably withheld, delayed or conditioned.