Post-Distribution Ruling definition

Post-Distribution Ruling has the meaning set forth in Section 7.02(c).
Post-Distribution Ruling has the meaning set forth in Section 5.4.
Post-Distribution Ruling has the meaning set forth in Section 6.1 of this Agreement.

Examples of Post-Distribution Ruling in a sentence

  • The Acting Party shall bear all costs and expenses of securing any such Post-Distribution Ruling or Unqualified Tax Opinion and shall reimburse the Non-Acting Party for all reasonable out-of-pocket costs and expenses that the Non-Acting Party may incur in good faith in seeking to obtain or evaluate any such Post-Distribution Ruling or Unqualified Tax Opinion.

  • The evaluation of a Post-Distribution Ruling or Unqualified Tax Opinion may consider, among other factors, the appropriateness of any underlying assumptions, representations, and covenants made in connection with such Post-Distribution Ruling or Unqualified Tax Opinion.

  • Each Party shall bear its own costs and expenses in connection with securing or evaluating any such Post-Distribution Ruling or Unqualified Tax Opinion.

  • Parent’s evaluation of a Post-Distribution Ruling or an Unqualified Tax Opinion may consider, among other factors, the appropriateness of any underlying assumptions, representations and covenants made in connection with such ruling or opinion as well as any other factors, circumstances, considerations or concerns that Parent determines in its sole and absolute discretion are relevant.

  • FencesWhere existing fences are breached, temporary measures will be taken in consultation with the landowner or appropriate stakeholder.


More Definitions of Post-Distribution Ruling

Post-Distribution Ruling shall have the meaning set forth in Section 4.2(c).
Post-Distribution Ruling shall have the meaning set forth in Section 7.01 of this Agreement.
Post-Distribution Ruling means a ruling from the IRS in form and substance satisfactory to Illumina in its reasonable discretion to the effect that a transaction will not adversely affect any Intended Tax Treatment.
Post-Distribution Ruling means a favorable private letter ruling from the IRS, or a ruling from another appropriate Taxing Authority.
Post-Distribution Ruling has the meaning given to such term in Section 4.2.
Post-Distribution Ruling has the meaning set forth in Section 3.01.
Post-Distribution Ruling in accordance with Section 8.03(d) of this Agreement to the effect that such action or transaction will not affect the Tax-Free Status of any of the Transactions and Parent shall have received such Post-Distribution Ruling in form and substance satisfactory to Parent in its sole and absolute discretion, (ii) SpinCo shall have provided Parent with an Unqualified Tax Opinion in form and substance satisfactory to Parent in its sole and absolute discretion, or (iii) Parent shall have waived in writing (a “Waiver”) the requirement to obtain such Post-Distribution Ruling or Unqualified Tax Opinion. In determining whether a Post-Distribution Ruling or Unqualified Tax Opinion is satisfactory, Parent shall exercise its discretion in good faith and may consider, among other factors, the appropriateness of any underlying assumptions or representations used as a basis for the Post-Distribution Ruling or Unqualified Tax Opinion and the views on the substantive merits. For the avoidance of doubt, SpinCo shall not be relieved of any indemnification obligation pursuant to Article V or otherwise under this Agreement as a result of having satisfied the requirements of clauses (i), (ii) or (iii) of this Section 8.02(d).