No Circumstances Making Distribution Inadvisable. No other events or developments shall exist or shall have occurred that, in the judgment of the Parent Board of Directors, in its sole and absolute discretion, makes it inadvisable to effect the Separation, the Distribution or the transactions contemplated by this Agreement or any Ancillary Agreement.
Appears in 3 contracts
Samples: Separation and Distribution Agreement (PROG Holdings, Inc.), Separation and Distribution Agreement (Aaron's SpinCo, Inc.), Separation and Distribution Agreement (Aaron's SpinCo, Inc.)
No Circumstances Making Distribution Inadvisable. No other events or developments shall exist or shall have occurred or exist that, in the judgment of the Parent Board of DirectorsBoard, in its sole and absolute discretion, makes make it inadvisable to effect the SeparationDistribution or the other transactions contemplated hereby, or would result in the Distribution or the other transactions contemplated by this Agreement hereby not being in the best interest of Parent or any Ancillary Agreementits shareholders.
Appears in 2 contracts
Samples: Separation and Distribution Agreement (Cash America International Inc), Separation and Distribution Agreement (Enova International, Inc.)
