Common use of Spin-Off Transactions Clause in Contracts

Spin-Off Transactions. Notwithstanding any --------------------- provision in this Indenture to the contrary, the Spin Off Transactions and the ISP Holdings Transactions may be consummated under all circumstances and without satisfying any conditions.

Appears in 2 contracts

Sources: First Supplemental Indenture (G I Holdings Inc), First Supplemental Indenture (G I Holdings Inc)

Spin-Off Transactions. Notwithstanding any provision --------------------- provision in this Indenture to the contrary, the Spin Off Transactions and the ISP Holdings Transactions may be consummated under all circumstances and without satisfying any conditions.

Appears in 2 contracts

Sources: First Supplemental Indenture (G I Holdings Inc), First Supplemental Indenture (G I Holdings Inc)