Disposition of Shares of the Company
Disposition of Shares of the Company. Means the sale or other disposition treated as an exchange under the Code, within the period beginning immediately after the Effective Time and ending five years after the last day of the taxable year that includes the Effective Time, by Parent of any shares of the Company in any manner other than in a transaction: (i) in which all of the shares of the Company are transferred to a single transferee; (ii) in which such transferee of the Company shares agrees to assume the obligations of Parent...
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Enstar Group LTD contract