Closing Date Actions. The Purchaser shall not, and shall not cause or permit any Affiliate (including a Transferred Entity) to, cause or permit any Transferred Entity to take any action on the Closing Date after the Closing that would reasonably be expected to result in a material and adverse Tax consequence to the Seller Parties.
Appears in 2 contracts
Sources: Purchase Agreement (GPB Holdings II, LP), Purchase Agreement (Group 1 Automotive Inc)
Closing Date Actions. The Purchaser shall not, and shall not cause or permit any Affiliate (including including, following the Closing, a Transferred Entity) to, cause or permit any Transferred Entity to take any action on the Closing Date after the Closing outside the ordinary course of business that would reasonably be expected to result in a material and adverse Tax consequence to the Seller Partiesis not otherwise contemplated by this Agreement.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Occidental Petroleum Corp /De/)
Closing Date Actions. The Purchaser shall not, and shall not cause or permit any Affiliate (including a Transferred Entity) to, cause or permit any Transferred Entity to take any action on the Closing Date after the Closing that would reasonably be expected to result in a material and adverse Tax consequence to outside the Seller Partiesordinary course of business.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Altra Industrial Motion Corp.)