Common use of Actions in Connection with the Distribution Clause in Contracts

Actions in Connection with the Distribution. (a) Prior to the Distribution Date, Chemours shall file such amendments and supplements to its Form 10 as DuPont may reasonably request, and such amendments as may be necessary in order to cause the same to become and remain effective as required by Law, including filing such amendments and supplements to its Form 10 as may be required by the Commission or federal, state or foreign securities Laws. DuPont shall, or at DuPont’s election, Chemours shall, mail (or deliver by electronic means where not prohibited by Law) to the holders of DuPont Common Stock, at such time on or prior to the Distribution Date as DuPont shall determine, the Information Statement included in its Form 10 (or a Notice of Internet Availability of the Information Statement), as well as any other information concerning Chemours, its business, operations and management, the transaction contemplated herein and such other matters as DuPont shall reasonably determine are necessary and as may be required by Law. Promptly after receiving a request from DuPont, Chemours shall prepare and, in accordance with applicable Law, file with the Commission any such documentation that DuPont reasonably determines is necessary or desirable to effectuate the Distribution, and DuPont and Chemours shall each use commercially reasonable efforts to obtain all necessary approvals from the Commission with respect thereto as soon as practicable.

Appears in 3 contracts

Samples: Separation Agreement (Dupont E I De Nemours & Co), Separation Agreement (Chemours Co), Separation Agreement (Chemours Company, LLC)

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Actions in Connection with the Distribution. (a) Prior to the Distribution Date, Chemours Baudax shall file such amendments and supplements to its Form 10 as DuPont Recro may reasonably request, and such amendments as may be necessary in order to cause the same to become and remain effective as required by Law, including filing such amendments and supplements to its Form 10 as may be required by the Commission or federal, state or foreign non-U.S. securities Laws. DuPont Recro shall, or at DuPontRecro’s election, Chemours Baudax shall, mail (or deliver by electronic means where not prohibited by Law) to the holders of DuPont Recro Common Stock, at such time on or prior to the Distribution Date as DuPont Recro shall determine, the Information Statement included in its Form 10 (or a Notice of Internet Availability of the Information Statement), as well as any other information concerning ChemoursBaudax, its business, operations and management, the transaction transactions contemplated herein and such other matters as DuPont Recro shall reasonably determine are necessary and as may be required by Law. Promptly after receiving a request from DuPontRecro, Chemours Baudax shall prepare and, in accordance with applicable Law, file with the Commission any such documentation that DuPont Recro reasonably determines is necessary or desirable to effectuate the Distribution, and DuPont Recro and Chemours Baudax shall each use commercially reasonable efforts to obtain all necessary approvals from the Commission with respect thereto as soon as practicable.

Appears in 2 contracts

Samples: Separation Agreement (Baudax Bio, Inc.), Separation Agreement (Baudax Bio, Inc.)

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