Xxxxxxx Affiliates. If a Xxxxxxx Affiliate ceases to be a member of the Xxxxxxx Group as a result of a sale or exchange of all of the stock of such member, other than an exchange for which the consideration received by Xxxxxxx is the stock of Xxxxxxx or a Xxxxxxx Affiliate, the departing Xxxxxxx Affiliate shall be released from its obligations under this Agreement upon its departure from the Xxxxxxx Group.
Appears in 3 contracts
Samples: Tax Matters Agreement (Knowles Corp), Tax Matters Agreement (DOVER Corp), Tax Matters Agreement (Knowles Corp)
Xxxxxxx Affiliates. If a Xxxxxxx Affiliate ceases to be a member of the Xxxxxxx Group as a result of a bona fide sale or exchange of all of the stock of such member, other than an exchange for which the consideration received by Xxxxxxx is the stock of Xxxxxxx or a Xxxxxxx Affiliate, the departing Xxxxxxx Affiliate shall be released from its obligations under this Agreement upon its departure from the Xxxxxxx Group.
Appears in 1 contract
Samples: Tax Matters Agreement (Knowles Corp)
