TSub definition
TSub has the meaning set forth in the Recitals.
TSub has the meaning set forth in the Recitals. “TSub Jersey SpinCo Sale” has the meaning set forth in the Recitals. “Transaction Taxes” means any value-added, goods and services, sales, use, con- sumption, excise, service, transfer, stamp, documentary, filing, recordation Taxes or similar Tax- es, in each case imposed or payable upon any of the Separation Transactions. “Transferor” means, with respect to the transfers occurring pursuant to any of the Separations Transactions, the Person transferring assets and/or liabilities. “Treasury Regulations” means the regulations promulgated from time to time un- der the Code as in effect for the relevant Tax Period. “Tyco Merger” means the merger of an indirect subsidiary of Tyco International, plc with and into Old ▇▇▇▇▇▇▇ Controls effected on September 2, 2016. “Unrestricted Inversion Status” means, with respect to the Tyco Merger, the fail- ure of the ownership threshold of Section 7874(a)(2)(B)(ii) of the Code to be met. “Unqualified Tax Opinion” means an unqualified opinion of a Tax Advisor on which ▇▇▇▇▇▇▇ Controls may rely to the effect that a transaction will not adversely affect (i) the