Common use of Tax Treatment of the Distribution Clause in Contracts

Tax Treatment of the Distribution. HHH shall have received an opinion of Xxxxxx & Xxxxxxx LLP regarding the qualification of the Distribution as a distribution under Section 355 of the Code, in form and substance satisfactory to HHH in its sole and absolute discretion.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Seaport Entertainment Group Inc.), Separation and Distribution Agreement (Seaport Entertainment Group Inc.), Separation and Distribution Agreement (Seaport Entertainment Group Inc.)

AutoNDA by SimpleDocs

Tax Treatment of the Distribution. HHH shall have received an opinion of Xxxxxx Lxxxxx & Xxxxxxx Wxxxxxx LLP regarding the qualification of the Distribution as a distribution under Section 355 of the Code, in form and substance satisfactory to HHH in its sole and absolute discretion.

Appears in 1 contract

Samples: Separation and Distribution Agreement (Howard Hughes Holdings Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!