Examples of Spinoff Date in a sentence
Spinoff Date: The date on which the Shares that are owned by D&B are distributed to the holders of record of shares of D&B.
Spinoff Date: The date on which the Shares that are owned by Cognizant are distributed to the holders of record of shares of Cognizant.
As of the Effective Date and the Spin-off Date, the shares of capital stock of such Subsidiaries will be fully paid and non-assessable and such shares and other ownership interests so indicated by Schedule 3.12 will be owned by the Company, directly or indirectly, free and clear of all Liens.
Schedule 3.12 sets forth as of the date hereof and the Spin-off Date a list of all Subsidiaries and the percentage ownership interest of the Company therein.
On the TelCove Spin-off Date, the Company held a majority of the total voting power of the TelCove common stock.