Certain Supplier Agreements Sample Clauses
The 'Certain Supplier Agreements' clause defines the terms and conditions that apply specifically to agreements made with designated suppliers. This clause typically outlines which suppliers are covered, the scope of goods or services provided, and any special obligations or rights that differ from standard supplier contracts. By clearly identifying and regulating these particular supplier relationships, the clause ensures that both parties understand their unique responsibilities and helps prevent disputes related to the interpretation or execution of these agreements.
Certain Supplier Agreements. Following the Distribution and until one (1) year after the Distribution Date, Honeywell shall, and shall cause the members of the Honeywell Group to, cooperate in any reasonable and permissible arrangement to provide that Homes Subsidiary and the other members of the SpinCo Group shall receive the interest in the benefits and obligations under the Certain Supplier Agreements in accordance with the provisions of such Certain Supplier Agreement. Payments due to a third party for use of the Certain Supplier Agreements by the SpinCo Business shall either, at Honeywell’s sole option, be (i) paid by the member of the SpinCo Group receiving the benefit of such Certain Supplier Agreement or (ii) paid by a member of the Honeywell Group and charged by Honeywell to Homes Subsidiary on a pass-through basis. Any internal or third-party costs incurred by Honeywell in connection with Honeywell’s cooperation in accordance with this Section 4.06 shall be charged by Honeywell to Homes Subsidiary on a pass-through basis. Without limiting Homes Subsidiary’s obligations under Article VIII, Homes Subsidiary shall indemnify and hold harmless the member of the Honeywell Group party to such Certain Supplier Agreement for any Liability arising out of, in connection with or by reason of Homes Subsidiary’s use of the Certain Supplier Agreements and Honeywell’s cooperation in accordance with this Section 4.06.
Certain Supplier Agreements. The Company shall use its reasonable best efforts to assist the Acquiror in obtaining modifications desired by the Acquiror to any arrangements with the principal suppliers of the Company and the Subsidiary, such modifications to take effect from and after the Effective Date or the acceptance of shares of Common Stock for payment pursuant to the Offer, whichever occurs first.
Certain Supplier Agreements. For a period of one (1) year following the Effective Date, Honeywell shall, and shall cause the members of the Honeywell Group to, cooperate in any reasonable and permissible arrangement to provide that SpinCo and the other members of the SpinCo Group shall receive the interest in the benefits and obligations under the Certain Supplier Agreements in accordance with the provisions of such Certain Supplier Agreement. Payments due to a Third Party for use of the Certain Supplier Agreements by the SpinCo Business shall either, at Honeywell’s sole option, be (i) paid by the member of the SpinCo Group receiving the benefit of such Certain Supplier Agreement or (ii) paid by a member of the Honeywell Group and charged by Honeywell to SpinCo on a pass-through basis. Any internal or Third-Party costs incurred by Honeywell in connection with Honeywell’s cooperation in accordance with this Section 3.4 shall be charged by Honeywell to SpinCo on a pass-through basis. Without limiting SpinCo’s obligations under Article VIII, SpinCo shall indemnify and hold harmless the member of the Honeywell Group party to such Certain Supplier Agreement for any Liability arising out of, in connection with or by reason of SpinCo’s use of the Certain Supplier Agreements and Honeywell’s cooperation in accordance with this Section 3.4.
Certain Supplier Agreements. For a period of one (1) year following the Effective Date, Automation shall, and shall cause the members of the Automation Group to, cooperate in any reasonable and permissible arrangement to provide that Aerospace and the other members of the Aerospace Group shall receive the interest in the benefits and obligations under the Certain Supplier Agreements in accordance with the provisions of such Certain Supplier Agreement. Payments due to a Third Party for use of the Certain Supplier Agreements by the Aerospace Business shall either, at Automation’s sole option, be (i) paid by the member of the Aerospace Group receiving the benefit of such Certain Supplier Agreement or (ii) paid by a member of the Automation Group and charged by Automation to Aerospace on a pass-through basis. Any internal or Third Party costs incurred by Automation in connection with Automation’s cooperation in accordance with this Section 3.4 shall be charged by Automation to Aerospace on a pass-through basis. Without limiting Aerospace’s obligations under Article VIII, Aerospace shall indemnify and hold harmless any member of the Automation Group party to such Certain Supplier Agreement for any Liability arising out of, in connection with or by reason of Aerospace’s use of the Certain Supplier Agreements and Automation’s cooperation in accordance with this Section 3.4.
Certain Supplier Agreements. 36. 7.16 Year 2000 Services. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36. 7.17 Recovery of Certain Amounts Owed. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37.
Certain Supplier Agreements. 36. 7.16 Year 2000 Services..................................................... 36. 7.17 Recovery of Certain Amounts Owed....................................... 37.