Applicable RemainCo Portion definition

Applicable RemainCo Portion means two-thirds (2/3).

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Applicable RemainCo Portion has the meaning set forth in the Separation and Distribution Agreement.

Examples of Applicable RemainCo Portion in a sentence

• The costs and expenses of all Audits shall be borne by (i) RemainCo in accordance with the Applicable RemainCo Portion and (ii) SpinCo in accordance with the Applicable SpinCo Portion.

• RemainCo and SpinCo, respectively, shall be entitled to the Applicable RemainCo Portion and the Applicable SpinCo Portion of all proceeds from the WEX Tax Receivable Agreement.