Closing Statements. 7.1.1 Each Seller shall procure that as soon as practicable following Closing there shall be drawn up a draft of its Closing Statement (the “Draft Closing Statement”) in accordance with Schedule 12 in relation to its Target Group, on a combined basis. 7.1.2 The Closing Statements shall be drawn up as at the Effective Time and shall in each case include the Delayed Businesses and the Alliance Market Businesses which, for the purposes of this Clause 7 shall be deemed to have transferred to the Purchaser with effect from the Effective Time.
Appears in 3 contracts
Samples: Contribution Agreement, Contribution Agreement (Glaxosmithkline PLC), Contribution Agreement (Novartis Ag)
Closing Statements. 7.1.1 Each Seller shall procure that as soon as practicable following Closing there shall be drawn up a draft of its Closing Statement (the “Draft Closing Statement”) in accordance with Schedule 12 in relation to its Target Group, on a combined basis.
7.1.2 The Closing Statements shall be drawn up as at the Effective Time and shall in each case include the Delayed Businesses and the Alliance Market Businesses which, for the purposes of this Clause 7 shall be deemed to have transferred to the Purchaser with effect from the Effective Time.
Appears in 2 contracts
Samples: Contribution Agreement (Glaxosmithkline PLC), Contribution Agreement (Novartis Ag)
Closing Statements. 7.1.1 Each The Seller shall procure that as soon as practicable following Closing there shall be drawn up a draft of its the Closing Statement (the “Draft Closing Statement”) in accordance with Schedule 12 16 in relation to its Target Groupthe Vaccines Group Companies and Vaccines Group Businesses, on a combined basis.
7.1.2 The Closing Statements Statement shall be drawn up as at the Effective Time and shall in each case include the Delayed Businesses and the Alliance Market Businesses which, for the purposes of this Clause 7 7, shall be deemed to have transferred to the Purchaser with effect from the Effective Time.
Appears in 2 contracts
Samples: Share and Business Sale Agreement (Glaxosmithkline PLC), Share and Business Sale Agreement (Novartis Ag)
Closing Statements. 7.1.1 Each The Seller shall procure that as soon as practicable following Closing there shall be drawn up a draft of its the Closing Statement (the “Draft Closing Statement”) in accordance with Schedule 12 16 in relation to its Target Groupthe Vaccines Group Companies and Vaccines Group Businesses, on a combined basis.
7.1.2 The Closing Statements Statement shall be drawn up as at the Effective Time and shall in each case include the Delayed Businesses and the Alliance Market Businesses which, for the purposes of this Clause 7 shall be deemed to have transferred to the Purchaser with effect from the Effective Time.
Appears in 1 contract
Samples: Share and Business Sale Agreement (Glaxosmithkline PLC)
Closing Statements. 7.1.1 Each The Seller shall procure that as soon as practicable following Closing there shall be drawn up a draft of its the Closing Statement (the “Draft Closing Statement”) in accordance with Schedule 12 14 in relation to its Target Groupthe Flu Group Companies and Flu Group Businesses, on a combined basis.
7.1.2 The Closing Statements Statement shall be drawn up as at the Effective Time and shall in each case include the Delayed Businesses and the Alliance Market Businesses which, for the purposes of this Clause 7 shall be deemed to have transferred to the Purchaser with effect from the Effective Time.
Appears in 1 contract
