Common use of No Contrary Plan Clause in Contracts

No Contrary Plan. Each of the Parties represents that it has no plan or intent to take any action which is inconsistent with the treatment of the Distribution as a Tax Free Spinoff.

Appears in 4 contracts

Sources: Tax Matters Agreement (AgeX Therapeutics, Inc.), Tax Sharing Agreement (Halliburton Co), Tax Sharing Agreement (Kbr, Inc.)