Common use of ATB Clause in Contracts

ATB. SpinCo failing to continue to be engaged in the SpinCo Active Trade or Business for purposes of Section 355(b)(2) of the Code, taking into account Section 355(b)(3) of the Code at any time from the date hereof until the first day after the three-year anniversary of the Separation Completion Date (such period, the “Restriction Period”).

Appears in 2 contracts

Sources: Tax Matters Agreement (Cognyte Software Ltd.), Tax Matters Agreement (Cognyte Software Ltd.)