Examples of Tax Event Upon Merger in a sentence
Section 5(b)(iv) will apply to Party A and Party B, provided that Party A shall not be entitled to designate an Early Termination Date or effect a transfer pursuant to Section 6(b)(ii) by reason of a Tax Event Upon Merger in respect of which it is the Affected Party.
The "Tax Event" and "Tax Event Upon Merger" provisions of Sections 5(b)(ii) and 5(b)(iii) will not apply to Party A or to Party B for any purpose whatsoever.
The "Tax Event Upon Merger" provisions of Section 5(b)(iii) will apply to Party A and Party B, provided that (i) each reference in that Section to "Indemnifiable Tax" shall be construed as a reference to "Tax" and (ii) Party A shall not be entitled to designate an Early Termination Date or effect a transfer pursuant to Section 6(b)(ii) by reason of a Tax Event Upon Merger in respect of which it is the Affected Party.
The Tax Event Upon Merger provisions of Section 5(b)(iii) shall apply to Party A and shall not apply to Party B, provided that Party A shall not be entitled to designate an Early Termination Date or effect a transfer pursuant to Section 6(b)(ii) by reason of a Tax Event Upon Merger in respect of which it is the Affected Party.
A Hedging Termination Event under a Hedging Agreement will occur if (i) it becomes unlawful for either party to perform its obligations under the relevant Hedging Agreement, or (ii) a Force Majeure Event (as defined in the relevant Hedging Agreement) occurs, or (iii) a Tax Event (as defined and modified in the relevant Hedging Agreement) occurs, or (iv) a Tax Event Upon Merger (as defined and modified in the relevant Hedging Agreement) occurs.