Common use of The Spin-Off Clause in Contracts

The Spin-Off. Subject to the satisfaction, or to the extent permitted by applicable Law, waiver of the conditions set forth in Article VI, the Board of Directors of Parent (the “Parent Board”) has established the Record Date and the Spin-Off Date and any procedures it determined to be necessary or appropriate in connection therewith.

Appears in 3 contracts

Samples: Separation Agreement (Nacco Industries Inc), Separation Agreement (Hyster-Yale Materials Handling, Inc.), Stockholders’ Agreement (Hyster Yale Materials Handling Inc.)

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The Spin-Off. Subject to the satisfaction, or to the extent permitted by applicable Law, waiver of the conditions set forth in Article VI, the Board of Directors of Parent (the “Parent Board”) has approved the Spin-Off and established the Record Date and the Spin-Off Date and any procedures it determined to be necessary or appropriate in connection therewith.

Appears in 1 contract

Samples: Form of Separation Agreement (Hamilton Beach Brands Holding Co)

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The Spin-Off. Subject to the satisfaction, or to the extent permitted by applicable Law, waiver of the conditions set forth in Article VIV, the Board of Directors of Parent (the “Parent Board”) has established the Record Date and the Spin-Off Date and any procedures it determined to be necessary or appropriate in connection therewith.

Appears in 1 contract

Samples: Spinoff Separation Agreement (Friendable, Inc.)

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