Common use of Certain Legislation Clause in Contracts

Certain Legislation. There shall not have occurred any announcement or introduction of legislation by an Appropriate Person as a result of which Acquiror reasonably determines, in good faith after consultation with Tenneco and its advisors, that there exists a reasonable likelihood that the Spinoffs or the Merger would not be tax free for federal income tax purposes to Tenneco and Acquiror. For purposes of this SECTION 7.2(D), an "Appropriate Person" is a member of the House Ways and Means Committee or the Senate Finance Committee, the President or a President-elect, a cabinet-level member of the Executive Branch, an Assistant Secretary of the Treasury, the Reporting Assistant Secretary of the Treasury for Tax Policy, the Tax Legislation Counsel, the Chief of Staff of the Joint Committee of Taxation or a current or presumptive Majority or Minority Leader of the House or Senate.