TWDC definition
Examples of TWDC in a sentence
TWDC and Spinco have caused this Agreement to be signed by their respective officers thereunto duly authorized, all as of the date first written above.
Prior to the Distribution and as part of the Restructuring, and subject to Section 2.3 of the Merger Agreement, TWDC and its Affiliates (other than Spinco or a Spinco Entity) shall retain an amount in cash equal to the Spinco Debt.
For purposes of the indemnification provided in the preceding sentence, the term “Tax” shall include any and all associated costs and liabilities, including any liability arising as a result of Taxes imposed on shareholders of a Party, to the extent that any shareholder or the IRS or other Taxing Authority successfully seeks recourse against the TWDC Indemnified Party or Citadel Indemnified Party, as applicable.
Company shall use its reasonable efforts to have the Registration Statement declared effective under the Securities Act promptly after such filing and to keep the Registration Statement effective as long as is necessary to consummate the Transactions, and TWDC and Spinco shall use their reasonable efforts to assist Company in this regard.
TWDC, Spinco, Company and Merger Sub have caused this Agreement to be signed by their respective officers thereunto duly authorized, all as of the date first written above.