Examples of SI Transaction in a sentence
This Agreement, the Merger and the Spinoffs (and/or any S/I Transaction, if requiring such approval) shall have been approved and adopted by the requisite vote of the stockholders of Tenneco in accordance with the certificate of incorporation of Tenneco and the DGCL.
Tenneco may enter into any such S/I Transaction in its sole discretion if the subject S/I Transaction would not be adverse, other than to a de minimis extent, to Acquiror or the Energy Business (including with respect to any covenants or obligations of a party under this Agreement or the Distribution Agreement) and would not render the Merger impossible or impracticable or materially delay or prevent consummation thereof.
The Distribution Agreement, in substantially the form attached hereto with such changes as do not adversely affect, other than to a de minimis extent, the Energy Business, shall have been duly executed and delivered by each of Tenneco, the Industrial Subsidiary and the Shipbuilding Subsidiary, and the transactions contemplated thereby, including the Spinoffs (and/or any S/I Transaction) and the Debt Realignment, shall have been consummated (with only such changes).
WB QT hereby waives any provision under the Credit Agreement that would prohibit or restrict Quantum from entering into the SI Transaction and agrees that Quantum’s consummation of the SPI Transaction will not constitute a default under the Credit Agreement or any other document or agreement between WB QT and Quantum.