School Specialty Clause Samples

School Specialty. (i) School Specialty shall comply with and otherwise not take action inconsistent with each representation and statement made, or to be made, by or on behalf of any member of the School Specialty Group in connection with this Agreement or to USOP's outside Tax counsel in connection with such firm's rendering an opinion to the Companies as to certain Tax aspects of the Contributions and Distributions. (ii) Until two years after the Distribution Date, School Specialty will maintain its status as a company engaged in the active conduct of a trade or business, as defined in Section 355(b) of the Code.