Common use of Tax Ruling Clause in Contracts

Tax Ruling. Tenneco shall have received rulings from the Internal Revenue Service reasonably acceptable to Tenneco and Packaging, which rulings shall be in full force and effect as of the Distribution Date, to the effect that:

Appears in 4 contracts

Samples: Distribution Agreement (Pactiv Corp), Distribution Agreement (Tenneco Packaging Inc), Tenneco Distribution Agreement (Tenneco Packaging Inc)

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Tax Ruling. Tenneco shall have received rulings from the Internal Revenue Service (the ''IRS RULING LETTER''), reasonably acceptable to Tenneco and Packaging, which rulings shall be in full force and effect as of the Distribution DateAcquiror, to the effect that:

Appears in 1 contract

Samples: Agreement and Plan of Merger (El Paso Tennessee Pipeline Co)

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